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.

• Long-Term Deferred Tax for Q2 2020 came in at $2.1 million, down 37.57% year-over-year; the trailing twelve-month figure through Jun 2020 was $2.1 million (down 37.57% YoY), and the FY2019 annual result was $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.
• Over five years, Long-Term Deferred Tax peaked at $4.1 million in Q1 2019 and troughed at $27000.0 in Q3 2016.
• Average Long-Term Deferred Tax over 5 years is $1.7 million, with a median of $2.1 million recorded in 2020.
• Year-over-year, Long-Term Deferred Tax tumbled 59.7% in 2016 and soared 6903.7% in 2017.
• Over 5 years, Long-Term Deferred Tax 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 decreased by 23.07% to $2.3 million in 2019, then retreated by 8.07% to $2.1 million in 2020.
• Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $2.1 million in Q2 2020, $2.1 million in Q1 2020, and $2.3 million in Q4 2019.