Tower Semiconductor Ltd.
Tower Semiconductor Ltd., an independent semiconductor foundry, manufactures and markets analog intensive mixed-signal semiconductor devices in the United States, Japan, other Asia countries, and Europe. It provides various customizable process technolog…
Semiconductors
IL, Migdal Haemek [HQ]
Cash Flow Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 37.00 | 121.00 | 107.00 | 75.00 | 42.00 | 97.00 | 170.00 | 327.00 | 355.00 | 312.00 | 291.00 | 276.00 | 421.00 | 529.00 | 676.00 | |
| Operating Cash (Net) | 37.00 | 121.00 | 107.00 | 75.00 | 42.00 | 97.00 | 170.00 | 327.00 | 355.00 | 312.00 | 291.00 | 276.00 | 421.00 | 529.00 | 676.00 | |
| Accounts Receivable | 5.00 | -28.00 | -7.00 | -6.00 | -5.00 | -24.00 | -11.00 | -30.00 | -6.00 | -3.00 | 27.00 | -33.00 | 14.00 | -15.00 | -3.00 | |
| Accounts Payable | -6.00 | -2.00 | 21.00 | -7.00 | - - | 11.00 | -26.00 | 5.00 | -8.00 | -3.00 | - - | -18.00 | -25.00 | -20.00 | -8.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | 13.00 | -7.00 | 8.00 | -28.00 | -19.00 | 43.00 | -72.00 | -27.00 | -169.00 | -27.00 | -17.00 | -59.00 | -3.00 | -46.00 | -92.00 | |
| Other WC | 5.00 | 33.00 | -1.00 | -16.00 | -13.00 | 58.00 | -17.00 | 18.00 | -150.00 | 5.00 | -23.00 | -4.00 | 51.00 | 67.00 | -89.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -29.00 | -204.00 | 11.00 | -115.00 | -77.00 | 17.00 | -195.00 | -226.00 | -245.00 | -328.00 | -305.00 | -363.00 | -338.00 | -329.00 | -720.00 | |
| Capital Expenditure | -28.00 | -106.00 | -117.00 | -103.00 | -81.00 | -50.00 | -165.00 | -217.00 | -187.00 | -210.00 | -191.00 | -313.00 | -313.00 | -213.00 | -445.00 | |
| Purchases of Investments | - - | - - | 5.00 | -10.00 | - - | - - | -30.00 | -17.00 | -80.00 | -143.00 | -132.00 | -105.00 | -57.00 | -115.00 | -300.00 | |
| Sale/Maturity of Investment | - - | - - | 64.00 | - - | - - | 10.00 | - - | - - | - - | - - | -19.00 | -57.00 | -34.00 | 2.00 | 12.00 | |
| Property, Plant, Equipment (P&PE) | -28.00 | -106.00 | -117.00 | -103.00 | -81.00 | -50.00 | -165.00 | -217.00 | -187.00 | -210.00 | -191.00 | -313.00 | -313.00 | -213.00 | -445.00 | |
| Acquisitions (Net) | -1.00 | - - | -40.00 | - - | - - | 57.00 | 6.00 | 7.00 | 20.00 | 40.00 | 19.00 | 57.00 | 34.00 | 152.00 | 12.00 | |
| Other Investing Activities | -85.00 | -97.00 | 98.00 | -1.00 | 4.00 | - - | - - | -9.00 | 22.00 | 25.00 | 18.00 | 55.00 | 32.00 | -155.00 | - - | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -39.00 | -101.00 | -118.00 | -67.00 | -32.00 | -31.00 | -13.00 | -73.00 | -23.00 | -48.00 | -17.00 | -61.00 | -76.00 | -66.00 | -30.00 | |
| Debt Repayment | -13.00 | -57.00 | -141.00 | -55.00 | -6.00 | -137.00 | -69.00 | -132.00 | -50.00 | -147.00 | -19.00 | -63.00 | -173.00 | -78.00 | -5.00 | |
| Dividends Paid | - - | - - | - - | - - | - - | - - | -1.00 | -2.00 | -4.00 | - - | - - | - - | - - | - - | - - | |
|
Common Stock
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Issued | 52.00 | 158.00 | 22.00 | - - | 38.00 | 19.00 | 14.00 | 38.00 | 31.00 | - - | 1.00 | 2.00 | - - | - - | - - | |
| Repurchased | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Other Financing Activities | 63.00 | 101.00 | -118.00 | 122.00 | 38.00 | 85.00 | 85.00 | 207.00 | 31.00 | 99.00 | -17.00 | -61.00 | 96.00 | 11.00 | 1.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 34.00 | 81.00 | 100.00 | 101.00 | 123.00 | 112.00 | 187.00 | 175.00 | 355.00 | 445.00 | 385.00 | 355.00 | 211.00 | 210.00 | 340.00 | |
| End of Period | 81.00 | 100.00 | 101.00 | 123.00 | 112.00 | 187.00 | 175.00 | 355.00 | 445.00 | 385.00 | 355.00 | 211.00 | 210.00 | 340.00 | 260.00 | |
| Change | 46.00 | 18.00 | - - | 22.00 | -10.00 | 74.00 | -11.00 | 179.00 | 90.00 | -60.00 | -29.00 | -143.00 | - - | 129.00 | -80.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 143.00 | 143.00 | 162.00 | 173.00 | 164.00 | 243.00 | 168.00 | 197.00 | 208.00 | 214.00 | 214.00 | 240.00 | 270.00 | 292.00 | 258.00 | |
| Stock Based Compensation | - - | - - | - - | 5.00 | 2.00 | 4.00 | 7.00 | 9.00 | 11.00 | - - | 14.00 | 16.00 | 25.00 | 24.00 | 27.00 | |
| Other | 1.00 | 28.00 | -43.00 | -13.00 | - - | -184.00 | 88.00 | -9.00 | 2.00 | 2.00 | 6.00 | 11.00 | - - | 17.00 | 511.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 9.00 | 14.00 | -9.00 | -28.00 | -39.00 | 47.00 | 4.00 | 109.00 | 167.00 | 102.00 | 99.00 | -37.00 | 107.00 | 316.00 | 231.00 | |
| Cash Conversion Cycle (CCC) | 41.00 | 46.00 | 18.00 | 38.00 | 64.00 | 41.00 | 51.00 | 60.00 | 49.00 | 69.00 | 68.00 | 89.00 | 87.00 | 78.00 | 95.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
||||||||||||||||
| Forex Effect on Cash | - - | - - | - - | -4.00 | -7.00 | -8.00 | - - | 5.00 | 3.00 | 2.00 | 1.00 | 4.00 | -6.00 | -3.00 | -5.00 |