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Tower (TSEM) Ratios
Tower Ratios
TSEM's free cash flow for Q2 2026 was $-9.62M. For the 2026 fiscal year, TSEM's free cash flow was decreased by $-186.59M and operating cash flow was $176.97M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 6.48 | 6.18 | 6.17 | 3.86 | 4.33 |
| Quick Ratio | 5.51 | 5.23 | 5.15 | 3.08 | 3.48 |
| Cash Ratio | 0.89 | 0.95 | 0.94 | 0.88 | 0.76 |
| Solvency Ratio | 1.25 | 1.08 | 1.58 | 0.85 | 0.68 |
| Operating Cash Flow Ratio | 1.50 | 1.57 | 2.44 | 1.37 | 1.52 |
| Short-Term Operating Cash Flow Coverage | 14.07 | 9.27 | 11.48 | 8.51 | 5.02 |
| Net Current Asset Value | $ 1.29B | $ 1.32B | $ 1.22B | $ 836.11M | $ 580.35M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.05 | 0.06 | 0.08 | 0.11 | 0.14 |
| Debt-to-Equity Ratio | 0.06 | 0.07 | 0.10 | 0.14 | 0.19 |
| Debt-to-Capital Ratio | 0.05 | 0.06 | 0.09 | 0.13 | 0.16 |
| Long-Term Debt-to-Capital Ratio | 0.04 | 0.05 | 0.04 | 0.10 | 0.07 |
| Financial Leverage Ratio | 1.14 | 1.16 | 1.20 | 1.35 | 1.38 |
| Debt Service Coverage Ratio | 18.57 | 8.13 | 12.34 | 8.31 | 4.52 |
| Interest Coverage Ratio | 0.00 | 32.64 | 123.15 | 54.80 | 14.24 |
| Debt to Market Cap | 0.01 | 0.03 | 0.04 | 0.06 | 0.05 |
| Interest Debt Per Share | 1.42 | 1.68 | 2.14 | 2.54 | 3.02 |
| Net Debt to EBITDA | -0.14 | -0.20 | -0.03 | -0.12 | 0.24 |
| Profitability Margins | |||||
| Gross Profit Margin | 23.23% | 23.64% | 24.85% | 27.80% | 21.82% |
| EBIT Margin | 15.35% | 12.88% | 41.42% | 17.74% | 10.77% |
| EBITDA Margin | 34.70% | 31.43% | 59.56% | 35.19% | 28.72% |
| Operating Profit Margin | 12.40% | 13.32% | 38.47% | 18.58% | 11.04% |
| Pretax Profit Margin | 15.35% | 15.14% | 41.11% | 17.40% | 10.28% |
| Net Profit Margin | 14.08% | 14.47% | 36.44% | 15.77% | 9.95% |
| Continuous Operations Profit Margin | 13.97% | 14.43% | 36.52% | 15.88% | 10.22% |
| Net Income Per EBT | 91.72% | 95.60% | 88.66% | 90.61% | 96.72% |
| EBT Per EBIT | 123.80% | 113.65% | 106.87% | 93.68% | 93.15% |
| Return on Assets (ROA) | 6.64% | 6.75% | 17.77% | 10.38% | 6.72% |
| Return on Equity (ROE) | 7.59% | 7.83% | 21.32% | 13.99% | 9.25% |
| Return on Capital Employed (ROCE) | 6.35% | 6.84% | 20.72% | 14.43% | 8.52% |
| Return on Invested Capital (ROIC) | 5.73% | 6.41% | 18.00% | 12.80% | 8.11% |
| Return on Tangible Assets | 6.66% | 6.78% | 17.84% | 10.45% | 6.78% |
| Earnings Yield | 1.65% | 3.63% | 15.40% | 5.60% | 3.49% |
| Efficiency Ratios | |||||
| Receivables Turnover | 7.03 | 5.96 | 7.90 | 9.45 | 9.37 |
| Payables Turnover | 9.70 | 8.40 | 7.68 | 8.03 | 14.98 |
| Inventory Turnover | 4.68 | 4.09 | 3.78 | 4.01 | 5.03 |
| Fixed Asset Turnover | 0.99 | 1.11 | 1.22 | 1.72 | 1.69 |
| Asset Turnover | 0.47 | 0.47 | 0.49 | 0.66 | 0.68 |
| Working Capital Turnover Ratio | 1.07 | 0.99 | 1.12 | 1.65 | 1.72 |
| Cash Conversion Cycle | 92.29 | 107.01 | 95.24 | 84.17 | 87.20 |
| Days of Sales Outstanding | 51.93 | 61.19 | 46.23 | 38.61 | 38.97 |
| Days of Inventory Outstanding | 77.98 | 89.29 | 96.51 | 91.03 | 72.60 |
| Days of Payables Outstanding | 37.62 | 43.47 | 47.50 | 45.48 | 24.37 |
| Operating Cycle | 129.91 | 150.49 | 142.73 | 129.65 | 111.57 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 3.48 | 4.04 | 6.13 | 4.85 | 3.89 |
| Free Cash Flow Per Share | -0.36 | 0.11 | 2.10 | 1.49 | 0.99 |
| Dividend Paid and CapEx Coverage Ratio | 0.91 | 1.03 | 1.52 | 1.45 | 1.34 |
| Capital Expenditure Coverage Ratio | 0.91 | 1.03 | 1.52 | 1.45 | 1.34 |
| Operating Cash Flow Coverage Ratio | 2.45 | 2.48 | 2.92 | 1.95 | 1.34 |
| Operating Cash Flow to Sales Ratio | 0.25 | 0.31 | 0.48 | 0.32 | 0.28 |
| Free Cash Flow Yield | -0.31% | 0.22% | 6.89% | 3.46% | 2.50% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 60.53 | 27.55 | 6.49 | 17.85 | 28.64 |
| Price-to-Sales (P/S) Ratio | 8.52 | 3.99 | 2.37 | 2.82 | 2.85 |
| Price-to-Book (P/B) Ratio | 4.59 | 2.16 | 1.38 | 2.50 | 2.65 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -324.71 | 456.98 | 14.51 | 28.91 | 39.97 |
| Price-to-Operating Cash Flow Ratio | 33.73 | 12.76 | 4.98 | 8.92 | 10.20 |
| Price-to-Earnings Growth (PEG) Ratio | 16.17 | -0.46 | 0.07 | 0.24 | 0.36 |
| Enterprise Value Multiple | 24.41 | 12.48 | 3.94 | 7.89 | 10.16 |
| Enterprise Value | 13.26B | 5.63B | 3.34B | 4.66B | 4.40B |
| EV to EBITDA | 24.41 | 12.48 | 3.94 | 7.89 | 10.16 |
| EV to Sales | 8.47 | 3.92 | 2.35 | 2.78 | 2.92 |
| EV to Free Cash Flow | -322.91 | 449.71 | 14.38 | 28.49 | 40.94 |
| EV to Operating Cash Flow | 33.54 | 12.56 | 4.93 | 8.79 | 10.45 |
| Tangible Book Value Per Share | 25.47 | 23.64 | 21.90 | 17.12 | 14.74 |
| Shareholders’ Equity Per Share | 25.57 | 23.87 | 22.06 | 17.29 | 14.98 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.09 | 0.05 | 0.11 | 0.09 | 0.01 |
| Revenue Per Share | 13.79 | 12.92 | 12.90 | 15.34 | 13.93 |
| Net Income Per Share | 1.94 | 1.87 | 4.70 | 2.42 | 1.39 |
| Tax Burden | 0.92 | 0.96 | 0.89 | 0.91 | 0.97 |
| Interest Burden | 1.00 | 1.18 | 0.99 | 0.98 | 0.95 |
| Research & Development to Revenue | 0.06 | 0.01 | 0.06 | 0.05 | 0.06 |
| SG&A to Revenue | 0.05 | 0.05 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.79 | 2.17 | 1.30 | 2.00 | 2.81 |
Currency in USD
