Tower Semiconductor Quick Ratio 2010-2024 | TSEM

Tower Semiconductor quick ratio for the quarter ending September 30, 2024 was 4.89.

  • Tower Semiconductor average quick ratio for 2023 was 4.37, a 41.88% increase from 2022.
  • Tower Semiconductor average quick ratio for 2022 was 3.08, a 4.05% increase from 2021.
  • Tower Semiconductor average quick ratio for 2021 was 3.21, a 2.23% decline from 2020.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.

Tower Semiconductor Quick Ratio 2010-2024 | TSEM

  • Tower Semiconductor average quick ratio for 2023 was 4.37, a 41.88% increase from 2022.
  • Tower Semiconductor average quick ratio for 2022 was 3.08, a 4.05% increase from 2021.
  • Tower Semiconductor average quick ratio for 2021 was 3.21, a 2.23% decline from 2020.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.
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