Cemtrex (CETX) Long-Term Deferred Tax (2015 - 2020)
Cemtrex's (CETX) quarterly Long-Term Deferred Tax came in at $2.1 million in Q2 2020, down 37.57% YoY from $3.4 million in Q3 2019, and little changed on a QoQ basis from $2.1 million in Q1 2020.
Cemtrex (CETX) Long-Term Deferred Tax (2015 - 2020) Analysis & Trends
Cemtrex (CETX) has 6 years of Long-Term Deferred Tax data on file, last reported at $2.1 million in 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 little changed at $2.1 million in Q2 2020, from $2.1 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $4.1 million in Q1 2019 to a low of $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 sank 51.58%.
- Tracing CETX's Long-Term Deferred Tax over 5 years: stood at $67000.0 in 2016, then surged by 2722.39% to $1.9 million in 2017, then soared by 56.93% to $3.0 million in 2018, then declined by 23.07% to $2.3 million in 2019, then dropped by 8.07% to $2.1 million in 2020.
- The last three Long-Term Deferred Tax figures came in at $2.1 million (Q2 2020), $2.1 million (Q1 2020), and $2.3 million (Q4 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn |
| 10 | Cemtrex | 2.80 Mn | -8.80 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 |