Tower Semiconductor LTD balance sheet

At the end of fiscal 2025, Tower Semiconductor LTD had total assets of $3.32bn, total liabilities of $418m and shareholders' equity of $2.92bn. It held $235m in cash against $186m of debt: net cash of $49.0m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Tower Semiconductor LTD: balance sheet, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	82	100	101	123	113	187	176	355	446	385	356	212	211	341	261	272	235
Receivables	—	67	75	79	80	99	110	141	150	153	127	162	142	153	154	212	223
Inventory	—	43	69	66	65	88	106	138	143	171	192	199	235	302	283	268	257
Total current assets	—	322	266	298	290	394	447	698	874	988	1,088	1,103	1,196	1,495	1,709	1,760	1,710
Goodwill	—	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7
Total assets	—	802	857	814	706	884	965	1,380	1,674	1,790	1,933	2,094	2,231	2,548	2,919	3,080	3,322
Accounts payable	—	49	112	81	66	99	92	99	115	104	119	97	79	151	139	131	124
Deferred revenue (current)	—	40	6	2	3	5	23	26	14	21	10	10	40	39	18	22	26
Total current liabilities	—	250	230	169	140	300	211	247	302	204	253	273	276	387	277	285	264
Short-term debt	—	—	—	—	—	—	—	—	—	11	66	107	84	62	59	48	28
Long-term debt	—	—	—	—	—	—	—	—	—	—	246	284	231	210	173	132	133
Total debt	0	0	0	0	0	0	0	0	0	47	246	284	231	368	291	206	186
Total liabilities	—	684	683	594	565	689	580	697	644	554	586	639	616	659	491	440	418
Shareholders' equity	56	118	175	220	141	196	386	683	1,030	1,243	1,355	1,458	1,622	1,891	2,432	2,653	2,919
Net debt (negative = net cash)	−82	−100	−101	−123	−113	−187	−176	−355	−446	−338	−110	72	20	27	30	−66	−49
Shares outstanding	—	—	—	22m	48m	58m	82m	93m	98m	105m	107m	108m	109m	110m	111m	112m	113m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Tower Semiconductor LTD's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Tower Semiconductor LTD.