Tower Semiconductor (TSEM)
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[[ session ]] by (Cboe BZX)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2023 | 12-2022 | 12-2021 | 12-2020 | 12-2019 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 519,530 | 266,471 | 154,075 | 83,289 | 88,073 |
| Depreciation Amortization | 258,021 | 292,638 | 270,710 | 240,531 | 214,474 |
| Accounts receivable | -3,160 | -15,232 | 14,335 | -33,087 | 27,317 |
| Accounts payable and accrued liabilities | -8,254 | -20,893 | -25,004 | -18,576 | -339 |
| Other Working Capital | -91,101 | -49,541 | -3,169 | -59,119 | -16,918 |
| Other Operating Activity | 1,525 | 56,377 | 10,346 | 63,523 | -21,287 |
| Operating Cash Flow | $676,561 | $529,820 | $421,293 | $276,561 | $291,320 |
| Cash Flows From Investing Activities | |||||
| Change In Deposits | 11,853 | 1,537 | -1,792 | -105,620 | N/A |
| PPE Investments | -432,184 | -213,537 | -279,260 | -256,539 | -172,166 |
| Sale Of Investment | -300,516 | -117,448 | -57,892 | N/A | -132,515 |
| Purchase Sale Intangibles | N/A | N/A | N/A | -1,450 | -413 |
| Other Investing Activity | 0 | 0 | 0 | -1,450 | -413 |
| Investing Cash Flow | $-720,847 | $-329,448 | $-338,944 | $-363,609 | $-305,094 |
| Cash Flows From Financing Activities | |||||
| Debt Issued | 24,180 | N/A | 96,143 | N/A | N/A |
| Debt Repayment | -18,493 | -39,843 | -138,067 | -38,335 | N/A |
| Common Stock Issued | N/A | 44 | 458 | 2,512 | 1,842 |
| Other Financing Activity | -36,101 | -26,851 | -35,391 | -25,364 | -19,402 |
| Financing Cash Flow | $-30,414 | $-66,650 | $-76,857 | $-61,187 | $-17,560 |
| Exchange Rate Effect | -5,395 | -3,893 | -6,245 | 4,357 | 1,804 |
| Beginning Cash Position | 340,759 | 210,930 | 211,683 | 355,561 | 385,091 |
| End Cash Position | 260,664 | 340,759 | 210,930 | 211,683 | 355,561 |
| Net Cash Flow | $-80,095 | $129,829 | $-753 | $-143,878 | $-29,530 |
| Free Cash Flow | |||||
| Operating Cash Flow | 676,561 | 529,820 | 421,293 | 276,561 | 291,320 |
| Capital Expenditure | -444,502 | -366,403 | -313,808 | -313,656 | -191,396 |
| Free Cash Flow | 232,059 | 163,417 | 107,485 | -37,095 | 99,924 |