Cyngn (CYN) Non-Current Deferred Tax Liability (2021 - 2023)

Cyngn (CYN) reported Non-Current Deferred Tax Liability of $243880.0 for Q4 2023, down 87.62% on a YoY basis from $2.0 million in Q4 2022, and down 87.62% sequentially from $2.0 million in Q4 2022.

Cyngn (CYN) Non-Current Deferred Tax Liability (2021 - 2023) Analysis & Trends

Cyngn (CYN) has 3 years of Non-Current Deferred Tax Liability data on file, last reported at $243880.0 in Q4 2023.

  • For the quarter ending Q4 2023, Non-Current Deferred Tax Liability fell 87.62% year-over-year to $243880.0; the trailing twelve-month figure through Dec 2023 stood at $243880.0 (down 87.62% YoY), and the FY2023 full-year result was $243880.0, down 87.62% from the prior year.
  • Non-Current Deferred Tax Liability retreated to $243880.0 in Q4 2023, from $2.0 million in the prior quarter.
  • In the past five years, Non-Current Deferred Tax Liability ranged from a high of $34.6 million in Q4 2021 to a low of $243880.0 in Q4 2023.
  • A 3-year average of $12.3 million and a median of $2.0 million in 2022 frame the typical range for Non-Current Deferred Tax Liability.
  • Across the five-year window, Non-Current Deferred Tax Liability slumped 94.3% in 2022 and plunged 87.62% in 2023, its largest moves.
  • Tracing CYN's Non-Current Deferred Tax Liability over 3 years: stood at $34.6 million in 2021, then tumbled by 94.3% to $2.0 million in 2022, then sank by 87.62% to $243880.0 in 2023.
  • Business Quant data shows CYN's Non-Current Deferred Tax Liability at $243880.0 in Q4 2023, $2.0 million in Q4 2022, and $34.6 million in Q4 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn
10 Cyngn 14,807.52 14,807.52 11,950.00

Historic Data

Download Data
DateValue
Dec 31, 2023 243,880.00
Dec 31, 2023 243,880.00
Dec 31, 2022 1.97 Mn
Dec 31, 2022 1.97 Mn
Dec 31, 2021 34.57 Mn
Dec 31, 2021 34.57 Mn