Tower Semiconductor (TSEM) Non-Current Deferred Tax Liability (2009 - 2024)
Tower Semiconductor (TSEM) posted quarterly Non-Current Deferred Tax Liability of $10.3 million for Q2 2024, up 281.06% year-over-year from $2.7 million in Q3 2023, and up 1.0% quarter-over-quarter from $10.2 million in Q4 2023.
Tower Semiconductor (TSEM) Non-Current Deferred Tax Liability (2009 - 2024) Analysis & Trends
Tower Semiconductor (TSEM) has reported Non-Current Deferred Tax Liability for 16 consecutive years, with $10.3 million the latest figure, recorded in Q2 2024.
- In Q2 2024, Non-Current Deferred Tax Liability rose 281.06% year-over-year to $10.3 million; the TTM figure through Jun 2024 stood at $10.3 million (up 281.06% YoY), while the FY2023 annual figure was $10.2 million, down 21.41% from the prior year.
- Non-Current Deferred Tax Liability advanced to $10.3 million in Q2 2024 per TSEM's latest filing, from $10.2 million in the prior quarter.
- Across five years, Non-Current Deferred Tax Liability topped out at $41.3 million in Q4 2020 and bottomed at $2.7 million in Q2 2023.
- Historically, Non-Current Deferred Tax Liability has averaged $19.5 million across 5 years, with a median of $13.7 million in 2022.
- Annual changes were most pronounced in 2023 — Non-Current Deferred Tax Liability slumped 81.2% — and 2024, when it soared 281.06%.
- Tower Semiconductor's Non-Current Deferred Tax Liability stood at $41.3 million in 2020, then tumbled by 41.96% to $24.0 million in 2021, then tumbled by 45.72% to $13.0 million in 2022, then declined by 21.41% to $10.2 million in 2023, then increased by 1.0% to $10.3 million in 2024.
- Business Quant data shows TSEM's Non-Current Deferred Tax Liability at $10.3 million in Q2 2024, $10.2 million in Q4 2023, and $2.7 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 10,848.43 Bn | 10,750.17 Bn | 23.77 Bn |
| 2 | Nvidia | 5,220.28 Bn | 5,169.94 Bn | 61.16 Bn |
| 3 | Broadcom | 1,746.09 Bn | 1,726.46 Bn | 15.42 Bn |
| 4 | Micron Technology | 1,092.82 Bn | 1,066.80 Bn | 35.06 Bn |
| 5 | Advanced Micro Devices | 773.31 Bn | 760.20 Bn | 6.20 Bn |
| 6 | Intel | 459.59 Bn | 429.86 Bn | 6.51 Bn |
| 7 | Arm Holdings | 259.13 Bn | 255.24 Bn | 1.25 Bn |
| 8 | Texas Instruments | 241.28 Bn | 234.28 Bn | 3.35 Bn |
| 9 | Marvell Technology | 209.48 Bn | 205.64 Bn | 1.26 Bn |
| 10 | Tower Semiconductor | 25.17 Bn | 23.69 Bn | 137.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 10.32 Mn |
| Jun 30, 2024 | 10.32 Mn |
| Dec 31, 2023 | 10.22 Mn |
| Dec 31, 2023 | 10.22 Mn |
| Jun 30, 2023 | 2.71 Mn |
| Jun 30, 2023 | 2.71 Mn |
| Dec 31, 2022 | 13.01 Mn |
| Dec 31, 2022 | 13.01 Mn |
| Jun 30, 2022 | 14.41 Mn |
| Jun 30, 2022 | 14.41 Mn |
| Dec 31, 2021 | 23.96 Mn |
| Dec 31, 2021 | 23.96 Mn |
| Dec 31, 2020 | 41.29 Mn |
| Dec 31, 2020 | 41.29 Mn |
| Jun 30, 2020 | 40.08 Mn |
| Jun 30, 2020 | 40.08 Mn |
| Dec 31, 2019 | 45.75 Mn |
| Dec 31, 2019 | 45.75 Mn |
| Jun 30, 2019 | 46.43 Mn |
| Jun 30, 2019 | 46.43 Mn |