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

Cemtrex has reported Long-Term Deferred Tax for 6 years, with the latest figure at $2.1 million 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 for Q2 2020 stood at $2.1 million, roughly flat from $2.1 million in the prior quarter.
• The five-year high for Long-Term Deferred Tax was $4.1 million in Q1 2019, with the low at $27000.0 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.
• Annual changes were most pronounced in 2016 — Long-Term Deferred Tax sank 59.7% — and 2017, when it jumped 6903.7%.
• Cemtrex's 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 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.