BTC Digital (BTCT) Long-Term Deferred Tax (2018 - 2022)
BTC Digital's (BTCT) quarterly Long-Term Deferred Tax came in at $5.6 million in Q2 2022, up 1429.12% on a YoY basis from $364000.0 in Q2 2021, and up 36.92% quarter-over-quarter from $4.1 million in Q4 2021.
BTC Digital (BTCT) Long-Term Deferred Tax (2018 - 2022) Analysis & Trends
BTC Digital (BTCT) has reported Long-Term Deferred Tax for 5 consecutive years, with $5.6 million the latest figure, recorded in Q2 2022.
- For the quarter ending Q2 2022, Long-Term Deferred Tax rose 1429.12% year-over-year to $5.6 million; the trailing twelve-month figure through Jun 2022 stood at $5.6 million (up 1429.12% YoY), and the FY2021 full-year result was $4.0 million, up 275.88% from the prior year.
- Long-Term Deferred Tax grew to $5.6 million in Q2 2022 per BTCT's latest filing, from $4.1 million in the prior quarter.
- Across five years, Long-Term Deferred Tax topped out at $10.1 million in Q4 2019 and bottomed at $328000.0 in Q1 2021.
- Historically, Long-Term Deferred Tax has averaged $3.1 million across 5 years, with a median of $830900.2 in 2020.
- The sharpest annual moves came in 2020 and 2022: Long-Term Deferred Tax tumbled 89.58% in 2020, then soared 1429.12% in 2022.
- Over 5 years, Long-Term Deferred Tax stood at $7.8 million in 2018, then surged by 30.05% to $10.1 million in 2019, then plunged by 89.58% to $1.1 million in 2020, then jumped by 285.04% to $4.1 million in 2021, then soared by 36.92% to $5.6 million in 2022.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $5.6 million, $4.1 million, and $606000.0 for Q2 2022, Q4 2021, and Q3 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.68 Bn | 56.34 Bn | 40.81 Mn |
| 2 | Iren | 35.52 Bn | 27.95 Bn | 103.89 Mn |
| 3 | Hut 8 | 12.16 Bn | 5.68 Bn | 48.04 Mn |
| 4 | Riot Platforms | 8.98 Bn | 8.43 Bn | 84.97 Mn |
| 5 | Argo Blockchain | 5.95 Bn | 5.95 Bn | - |
| 6 | MARA Holdings | 5.06 Bn | 4.70 Bn | - |
| 7 | Cleanspark | 3.72 Bn | 3.51 Bn | - |
| 8 | Bitdeer Technologies | 3.06 Bn | 2.59 Bn | -8.53 Mn |
| 9 | Keel Infrastructure | 2.47 Bn | 2.47 Bn | -86.75 Mn |
| 10 | BTC Digital | 12.28 Mn | 8.53 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | 5.57 Mn |
| Dec 31, 2021 | 4.07 Mn |
| Sep 30, 2021 | 606,000.00 |
| Jun 30, 2021 | 364,000.00 |
| Mar 31, 2021 | 328,000.00 |
| Dec 31, 2020 | 1.06 Mn |
| Jun 30, 2020 | 570,000.00 |
| Mar 31, 2020 | 573,000.00 |
| Dec 31, 2019 | 10.13 Mn |
| Dec 31, 2018 | 7.79 Mn |
BTC Digital 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=BTCT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "BTCT", "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=BTCT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();