Cemtrex (CETX) Long-Term Deferred Tax (2015 - 2020)

Cemtrex (CETX) has reported Long-Term Deferred Tax for 6 consecutive years, with $2.1 million the latest figure, recorded in Q2 2020.

• For the quarter ending Q2 2020, Long-Term Deferred Tax fell 37.57% year-over-year to $2.1 million; the trailing twelve-month figure through Jun 2020 stood at $2.1 million (down 37.57% YoY), and the FY2019 full-year result was $2.3 million, up 149.31% from the prior year.
• Long-Term Deferred Tax was little changed at $2.1 million in Q2 2020 per CETX's latest filing, 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.
• Historically, Long-Term Deferred Tax has averaged $1.7 million across 5 years, with a median of $2.1 million in 2020.
• The sharpest annual moves came in 2017 and 2018: Long-Term Deferred Tax soared 2722.39% in 2017, then slumped 51.58% in 2018.
• Over 5 years, 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.
• According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $2.1 million, $2.1 million, and $2.3 million for Q2 2020, Q1 2020, and Q4 2019 respectively.