Cemtrex (CETX) Long-Term Deferred Tax (2015 - 2020)
Cemtrex (CETX) posted Long-Term Deferred Tax of $2.1 million for Q2 2020, little changed on a QoQ basis from $2.1 million in Q1 2020, and down 37.57% year-over-year from $3.4 million in Q3 2019.
Cemtrex (CETX) Long-Term Deferred Tax (2015 - 2020) Analysis & Trends
Cemtrex's Long-Term Deferred Tax history runs 6 years deep, the most recent figure standing at $2.1 million for Q2 2020.
- Quarterly Long-Term Deferred Tax fell 37.57% year-over-year to $2.1 million in Q2 2020, while the trailing twelve-month figure through Jun 2020 was $2.1 million (down 37.57% YoY) and the FY2019 annual result came in at $2.3 million, up 149.31% from the prior year.
- Long-Term Deferred Tax was $2.1 million for Q2 2020 at Cemtrex, roughly flat from $2.1 million in the prior quarter.
- Across five years, Long-Term Deferred Tax topped out at $4.1 million in Q1 2019 and bottomed at $67000.0 in Q3 2016.
- A 5-year average of $1.7 million and a median of $2.1 million in 2020 frame the typical range for Long-Term Deferred Tax.
- Annual changes were most pronounced in 2017 — Long-Term Deferred Tax surged 2722.39% — and 2018, when it plunged 51.58%.
- Cemtrex's Long-Term Deferred Tax stood at $67000.0 in 2016, then jumped by 2722.39% to $1.9 million in 2017, then surged by 56.93% to $3.0 million in 2018, then retreated by 23.07% to $2.3 million in 2019, then fell by 8.07% to $2.1 million in 2020.
- Business Quant data shows CETX's Long-Term Deferred Tax at $2.1 million in Q2 2020, $2.1 million in Q1 2020, and $2.3 million in Q4 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn |
| 10 | Cemtrex | 2.80 Mn | -8.79 Mn | 6.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2020 | 2.10 Mn |
| Mar 31, 2020 | 2.10 Mn |
| Dec 31, 2019 | 2.28 Mn |
| Sep 30, 2019 | 2.28 Mn |
| Jun 30, 2019 | 3.36 Mn |
| Mar 31, 2019 | 4.14 Mn |
| Dec 31, 2018 | 2.97 Mn |
| Sep 30, 2018 | 915,682.00 |
| Sep 30, 2017 | 1.89 Mn |
| Jun 30, 2017 | 67,000.00 |
| Mar 31, 2017 | 67,000.00 |
| Dec 31, 2016 | 67,000.00 |
| Sep 30, 2016 | 67,000.00 |
| Sep 30, 2015 | 67,000.00 |