Bandwidth (BAND) Long-Term Deferred Tax (2016 - 2020)
Bandwidth's Long-Term Deferred Tax was $16.64 million in Q1 2020, down 33.5% from $25.02 million a year earlier and down 52.3% from the prior quarter.
Bandwidth (BAND) Long-Term Deferred Tax (2016 - 2020) Analysis & Trends
At the end of FY2019, Long-Term Deferred Tax at Bandwidth came in at $34.86 million, up 100.8% from FY2018.
- Long-Term Deferred Tax shows a three-year compound annual growth rate of 40.0% (FY2016 to FY2019).
- In earlier years, Long-Term Deferred Tax was $17.36 million in FY2018 (+166.0%), $6.53 million in FY2017 (-48.6%) and $12.69 million in FY2016.
- The Q1 2020 figure marks the lowest quarterly Long-Term Deferred Tax since Q3 2018.
- Compared with a year earlier, Long-Term Deferred Tax was higher in six of the last seven quarters, with growth averaging 157.4%.
- The best year-over-year quarter for Long-Term Deferred Tax over five years was Q1 2019 (growth of 539.1%); the worst was Q4 2017 (a decline of 48.6%).
- Per Business Quant data, BAND's Long-Term Deferred Tax in the three quarters before Q1 2020 was $34.86 million (Q4 2019), $34.45 million (Q3 2019) and $31.62 million (Q2 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Adobe | 93.82 Bn | 69.07 Bn | 6.00 Bn |
| 2 | Atlassian | 46.64 Bn | 39.92 Bn | 1.53 Bn |
| 3 | Twilio | 44.91 Bn | 34.90 Bn | 725.87 Mn |
| 4 | Autodesk | 43.68 Bn | 31.72 Bn | 1.87 Bn |
| 5 | Zoom Communications | 26.53 Bn | -4.25 Bn | 985.50 Mn |
| 6 | Figma | 11.16 Bn | 4.66 Bn | 309.61 Mn |
| 7 | Dropbox | 7.44 Bn | 3.07 Bn | 506.50 Mn |
| 8 | Nice | 6.72 Bn | 5.19 Bn | 995.81 Mn |
| 9 | RingCentral | 6.26 Bn | 5.75 Bn | 472.31 Mn |
| 10 | Bandwidth | 1.87 Bn | 1.45 Bn | 78.54 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2020 | 16.64 Mn |
| Dec 31, 2019 | 34.86 Mn |
| Sep 30, 2019 | 34.45 Mn |
| Jun 30, 2019 | 31.62 Mn |
| Mar 31, 2019 | 25.02 Mn |
| Dec 31, 2018 | 17.36 Mn |
| Sep 30, 2018 | 15.57 Mn |
| Jun 30, 2018 | 13.20 Mn |
| Mar 31, 2018 | 3.92 Mn |
| Dec 31, 2017 | 6.53 Mn |
| Sep 30, 2017 | 9.24 Mn |
| Dec 31, 2016 | 12.69 Mn |
Bandwidth Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=BAND&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "BAND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=BAND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();