ADC Therapeutics (ADCT) Long-Term Deferred Tax (2021 - 2023)
ADC Therapeutics (ADCT) posted quarterly Long-Term Deferred Tax of $35.4 million for Q3 2023, up 5.36% year-on-year from $33.6 million in Q3 2022, and up 1.66% on a QoQ basis from $34.8 million in Q2 2023.
ADC Therapeutics (ADCT) Long-Term Deferred Tax (2021 - 2023) Analysis & Trends
ADC Therapeutics (ADCT) has reported Long-Term Deferred Tax for 3 consecutive years, with $35.4 million the latest figure, recorded in Q3 2023.
- Quarterly Long-Term Deferred Tax rose 5.36% year-over-year to $35.4 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was $35.4 million (up 5.36% YoY) and the FY2022 annual result came in at $37.1 million, up 42.44% from the prior year.
- Long-Term Deferred Tax climbed to $35.4 million in Q3 2023 per ADCT's latest filing, from $34.8 million in the prior quarter.
- Over the last five years, Long-Term Deferred Tax for ADCT reached as high as $37.1 million in Q4 2022 and fell as low as $26.0 million in Q4 2021.
- A 3-year average of $32.3 million and a median of $33.8 million in 2022 frame the typical range for Long-Term Deferred Tax.
- Annual changes were most pronounced in 2022 — Long-Term Deferred Tax jumped 42.44% — and 2023, when it decreased 7.69%.
- Year by year, Long-Term Deferred Tax stood at $26.0 million in 2021, then surged by 42.44% to $37.1 million in 2022, then fell by 4.59% to $35.4 million in 2023.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $35.4 million, $34.8 million, and $27.6 million for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - |
| 10 | ADC Therapeutics | 189.60 Mn | -41.41 Mn | 17.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 35.40 Mn |
| Jun 30, 2023 | 34.82 Mn |
| Mar 31, 2023 | 27.61 Mn |
| Dec 31, 2022 | 37.10 Mn |
| Sep 30, 2022 | 33.60 Mn |
| Jun 30, 2022 | 34.04 Mn |
| Mar 31, 2022 | 29.91 Mn |
| Dec 31, 2021 | 26.05 Mn |