Tower Return On Assets from 2010 to 2024

TSEM Stock  USD 47.13  0.23  0.49%   
Tower Semiconductor Return On Assets yearly trend continues to be very stable with very little volatility. Return On Assets are likely to grow to 0.19 this year. Return On Assets is a profitability ratio that indicates the percentage of profit Tower Semiconductor earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.17765667
Current Value
0.19
Quarterly Volatility
0.09992557
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tower Semiconductor financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tower Semiconductor's main balance sheet or income statement drivers, such as Depreciation And Amortization of 270.9 M, Interest Expense of 7.8 M or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 2.54, Dividend Yield of 0.0014 or PTB Ratio of 0.71. Tower financial statements analysis is a perfect complement when working with Tower Semiconductor Valuation or Volatility modules.
  
Check out the analysis of Tower Semiconductor Correlation against competitors.
To learn how to invest in Tower Stock, please use our How to Invest in Tower Semiconductor guide.

Latest Tower Semiconductor's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Tower Semiconductor over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Tower Semiconductor's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tower Semiconductor's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Tower Return On Assets Regression Statistics

Arithmetic Mean0.05
Geometric Mean0.07
Coefficient Of Variation182.31
Mean Deviation0.08
Median0.07
Standard Deviation0.1
Sample Variance0.01
Range0.3425
R-Value0.63
Mean Square Error0.01
R-Squared0.40
Significance0.01
Slope0.01
Total Sum of Squares0.14

Tower Return On Assets History

2024 0.19
2022 0.1
2021 0.0672
2020 0.0393
2019 0.0466
2018 0.0757
2017 0.18

About Tower Semiconductor Financial Statements

Tower Semiconductor investors utilize fundamental indicators, such as Return On Assets, to predict how Tower Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Assets 0.18  0.19 

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When determining whether Tower Semiconductor is a strong investment it is important to analyze Tower Semiconductor's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tower Semiconductor's future performance. For an informed investment choice regarding Tower Stock, refer to the following important reports:
Check out the analysis of Tower Semiconductor Correlation against competitors.
To learn how to invest in Tower Stock, please use our How to Invest in Tower Semiconductor guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tower Semiconductor. If investors know Tower will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tower Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.043
Earnings Share
1.84
Revenue Per Share
12.536
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0402
The market value of Tower Semiconductor is measured differently than its book value, which is the value of Tower that is recorded on the company's balance sheet. Investors also form their own opinion of Tower Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Tower Semiconductor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tower Semiconductor's market value can be influenced by many factors that don't directly affect Tower Semiconductor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tower Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tower Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tower Semiconductor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.