Braskem (BAK) Deferred Taxes (2009 - 2011)

Braskem (BAK) posted quarterly Deferred Taxes of -$96.1 million for Q3 2011, down 2192.57% year-on-year from $4.6 million in Q3 2010, and down 183.93% on a QoQ basis from -$33.8 million in Q2 2011.

Braskem (BAK) Deferred Taxes (2009 - 2011) Analysis & Trends

Braskem (BAK) has reported Deferred Taxes for 3 consecutive years, with -$96.1 million the latest figure, recorded in Q3 2011.

  • Quarterly Deferred Taxes fell 2192.57% year-over-year to -$96.1 million in Q3 2011, while the trailing twelve-month figure through Sep 2011 was -$84.8 million (down 67.99% YoY) and the FY2009 annual result came in at $12.3 million, changed N/A from the prior year.
  • Deferred Taxes eased to -$96.1 million in Q3 2011 per BAK's latest filing, from -$33.8 million in the prior quarter.
  • Over the last five years, Deferred Taxes for BAK reached as high as $40.5 million in Q1 2010 and fell as low as -$96.1 million in Q3 2011.
  • A 3-year average of -$20.9 million and a median of -$19.8 million in 2009 frame the typical range for Deferred Taxes.
  • Annual changes were most pronounced in 2010 — Deferred Taxes jumped 304.31% — and 2011, when it slumped 2192.57%.
  • Year by year, Deferred Taxes stood at -$19.8 million in 2009, then surged by 123.14% to $4.6 million in 2010, then sank by 2192.57% to -$96.1 million in 2011.
  • According to Business Quant data, Deferred Taxes over the past three periods registered -$96.1 million, -$33.8 million, and $4.6 million for Q3 2011, Q2 2011, and Q3 2010 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Celanese 5.19 Bn 3.86 Bn 468.00 Mn 18.00 Mn
2 Methanex 4.49 Bn 4.40 Bn - 2.99 Mn
3 Olin 2.69 Bn 2.50 Bn 75.80 Mn -34.30 Mn
4 Braskem 1.98 Bn -218.50 Mn - -
5 Rex American Resources 1.49 Bn 1.21 Bn 28.91 Mn -10.06 Mn
6 Green Plains 1.18 Bn 1.01 Bn 87.95 Mn 2.87 Mn
7 Tronox Holdings 1.02 Bn 1.04 Bn 44.00 Mn -
8 Lsb Industries 880.78 Mn 699.14 Mn 35.79 Mn -2.46 Mn
9 Westlake Chemical Partners 775.06 Mn 730.77 Mn 93.76 Mn -
10 AdvanSix 576.85 Mn 559.27 Mn 3.80 Mn -3.42 Mn

Historic Data

Download Data
DateValue
Sep 30, 2011 -96.09 Mn
Jun 30, 2011 -33.84 Mn
Sep 30, 2010 4.59 Mn
Mar 31, 2010 40.54 Mn
Mar 31, 2009 -19.84 Mn