Artificial Intelligence Technology Solutions (AITX) Long-Term Deferred Tax (2021 - 2023)

Artificial Intelligence Technology Solutions' (AITX) quarterly Long-Term Deferred Tax came in at $12.7 million in Q1 2023, up 47.79% YoY from $8.6 million in Q1 2022, and up 47.79% on a QoQ basis from $8.6 million in Q1 2022.

Artificial Intelligence Technology Solutions (AITX) Long-Term Deferred Tax (2021 - 2023) Analysis & Trends

Artificial Intelligence Technology Solutions' Long-Term Deferred Tax history runs 3 years deep, the most recent figure standing at $12.7 million for Q1 2023.

  • On a quarterly basis, Long-Term Deferred Tax rose 47.79% year-over-year to $12.7 million in Q1 2023; TTM through Feb 2023 was $12.7 million, a 47.79% increase from a year earlier, with the FY2023 full-year figure at $12.7 million, up 47.79% from the prior year.
  • Long-Term Deferred Tax was $12.7 million for Q1 2023 at Artificial Intelligence Technology Solutions, up from $8.6 million in the prior quarter.
  • Over the last five years, Long-Term Deferred Tax for AITX reached as high as $12.7 million in Q1 2023 and fell as low as $5.2 million in Q1 2021.
  • A 3-year average of $8.8 million and a median of $8.6 million in 2022 frame the typical range for Long-Term Deferred Tax.
  • The widest annual swing landed in 2022, when Long-Term Deferred Tax jumped 65.85%; it then surged 47.79% in 2023.
  • Tracing AITX's Long-Term Deferred Tax over 3 years: stood at $5.2 million in 2021, then jumped by 65.85% to $8.6 million in 2022, then surged by 47.79% to $12.7 million in 2023.
  • According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $12.7 million, $8.6 million, and $5.2 million for Q1 2023, Q1 2022, and Q1 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 U-Haul Holding 10.97 Bn 10.97 Bn -42.05 Mn
2 Ryder System 10.36 Bn 10.36 Bn 3.02 Bn
3 Avis Budget 6.65 Bn 6.24 Bn -
4 Gatx 6.31 Bn 7.19 Bn 561.90 Mn
5 WillScot Holdings 5.22 Bn 5.22 Bn 285.68 Mn
6 Herc Holdings 5.17 Bn 5.13 Bn 686.00 Mn
7 Mcgrath Rentcorp 2.90 Bn 2.90 Bn 96.89 Mn
8 Custom Truck One Source 2.57 Bn 2.57 Bn 103.06 Mn
9 EquipmentShare.com 2.06 Bn 1.75 Bn -
10 Artificial Intelligence Technology Solutions - - 1.65 Mn

Historic Data

Download Data
DateValue
Feb 28, 2023 12.65 Mn
Feb 28, 2022 8.56 Mn
Feb 28, 2021 5.16 Mn