Tower Semiconductor (TSEM) Non-Current Deferred Tax Liability (2009 - 2023)

Tower Semiconductor has disclosed Non-Current Deferred Tax Liability across 15 years of filings, most recently posting $10.2 million for Q4 2023.

• In Q4 2023, Non-Current Deferred Tax Liability fell 21.41% year-over-year to $10.2 million; the TTM figure through Dec 2023 stood at $10.2 million (down 21.41% YoY), while the FY2023 annual figure was $10.2 million, down 21.41% from the prior year.
• Non-Current Deferred Tax Liability fell to $10.2 million in Q4 2023, from $13.0 million in the prior quarter.
• Over the last five years, Non-Current Deferred Tax Liability for TSEM reached as high as $46.4 million in Q2 2019 and fell as low as $10.2 million in Q4 2023.
• The 5-year median for Non-Current Deferred Tax Liability is $40.1 million (2020), against an average of $31.5 million.
• Annual changes were most pronounced in 2019 — Non-Current Deferred Tax Liability declined 9.22% — and 2022, when it slumped 45.72%.
• A 5-year view of Non-Current Deferred Tax Liability shows it stood at $45.8 million in 2019, then fell by 9.76% to $41.3 million in 2020, then plunged by 41.96% to $24.0 million in 2021, then plunged by 45.72% to $13.0 million in 2022, then dropped by 21.41% to $10.2 million in 2023.
• According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $10.2 million, $13.0 million, and $24.0 million for Q4 2023, Q4 2022, and Q4 2021 respectively.