TOWER SEMICON INS (TOW.SG)

STU:TOW Germany Other
Market Cap
$998.35K
€972.60K EUR
Market Cap Rank
#36015 Global
#4347 in Germany
Share Price
€102.25
Change (1 day)
-2.34%
52-Week Range
€26.28 - €118.00
All Time High
€118.00
About

TOWER SEMICON INS (TOW.SG) operates in Diversified Metals & Mining.

TOWER SEMICON INS (TOW.SG) (TOW) - Total Assets

Latest total assets as of June 2024: €2.96 Billion EUR

Based on the latest financial reports, TOWER SEMICON INS (TOW.SG) (TOW) holds total assets worth €2.96 Billion EUR as of June 2024.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

TOWER SEMICON INS (TOW.SG) - Total Assets Trend (2016–2023)

This chart illustrates how TOWER SEMICON INS (TOW.SG)’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

TOWER SEMICON INS (TOW.SG) - Asset Composition Analysis

Current Asset Composition (December 2023)

TOWER SEMICON INS (TOW.SG)'s total assets of €2.96 Billion consist of 58.6% current assets and 41.4% non-current assets.

Asset Category Amount (EUR) % of Total Assets
Cash & Equivalents €0.00 8.9%
Accounts Receivable €154.07 Million 5.3%
Inventory €282.69 Million 9.7%
Property, Plant & Equipment €0.00 0.0%
Intangible Assets €7.81 Million 0.3%
Goodwill €7.00 Million 0.2%

Asset Composition Trend (2016–2023)

This chart illustrates how TOWER SEMICON INS (TOW.SG)'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: TOWER SEMICON INS (TOW.SG)'s current assets represent 58.6% of total assets in 2023, an increase from 50.6% in 2016.
  • Cash Position: Cash and equivalents constituted 8.9% of total assets in 2023, down from 25.8% in 2016.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2016.
  • Asset Diversification: The largest asset category is inventory at 9.7% of total assets.

TOWER SEMICON INS (TOW.SG) Competitors by Total Assets

Key competitors of TOWER SEMICON INS (TOW.SG) based on total assets are shown below.

Company Country Total Assets
MANHATTAN ASSOC
BE:MHT
Germany €698.14 Million
TV BROADCAST
MU:TBCN
Germany €6.25 Billion
FIRST CITIZENS BC A
BE:FC6A
Germany €220.57 Billion
COSTCO WHSL
MU:CTO
Germany €69.83 Billion
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS
Germany €1.73 Trillion
BURCKHARDT COMPRE N
MU:B5H
Germany €1.07 Billion
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO
USA $886.19 Million
2H0
F:2H0
Germany €15.27 Million

TOWER SEMICON INS (TOW.SG) - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.49 - 0.91

Moderate asset utilization - TOWER SEMICON INS (TOW.SG) generates 0.49x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 3.93% - 17.81%

Excellent ROA - For every $100 in assets, TOWER SEMICON INS (TOW.SG) generates $ 17.77 in net profit.

TOWER SEMICON INS (TOW.SG) - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 5.90 4.77 4.50
Quick Ratio 4.94 3.68 3.70
Cash Ratio 0.00 0.00 0.00
Working Capital €1.42 Billion € 1.14 Billion € 821.38 Million

TOWER SEMICON INS (TOW.SG) - Advanced Valuation Insights

This section examines the relationship between TOWER SEMICON INS (TOW.SG)'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio -
Latest Market Cap to Assets Ratio 0.00
Asset Growth Rate (YoY) 14.6%
Total Assets €2.92 Billion
Market Capitalization $1.02 Million USD

Valuation Analysis

Below Book Valuation: The market values TOWER SEMICON INS (TOW.SG)'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: TOWER SEMICON INS (TOW.SG)'s assets grew by 14.6% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for TOWER SEMICON INS (TOW.SG) (2016–2023)

The table below shows the annual total assets of TOWER SEMICON INS (TOW.SG) from 2016 to 2023.

Year Total Assets Change
2023-12-31 €2.92 Billion +14.56%
2022-12-31 €2.55 Billion +14.18%
2021-12-31 €2.23 Billion +6.55%
2020-12-31 €2.09 Billion +8.35%
2019-12-31 €1.93 Billion +7.98%
2018-12-31 €1.79 Billion +6.95%
2017-12-31 €1.67 Billion +21.29%
2016-12-31 €1.38 Billion --