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

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

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

Cyngn has reported Non-Current Deferred Tax Liability for 3 years, with the latest figure at $243880.0 in Q4 2023.

  • Quarterly Non-Current Deferred Tax Liability fell 87.62% year-over-year to $243880.0 in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $243880.0 (down 87.62% YoY) and the FY2023 annual result came in at $243880.0, down 87.62% from the prior year.
  • Non-Current Deferred Tax Liability retreated to $243880.0 in Q4 2023 per CYN's latest filing, from $2.0 million in the prior quarter.
  • Over five years, Non-Current Deferred Tax Liability peaked at $34.6 million in Q4 2021 and troughed at $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.
  • The sharpest annual moves came in 2022 and 2023: Non-Current Deferred Tax Liability plunged 94.3% in 2022, then slumped 87.62% in 2023.
  • Over 3 years, Non-Current Deferred Tax Liability stood at $34.6 million in 2021, then slumped by 94.3% to $2.0 million in 2022, then plunged by 87.62% to $243880.0 in 2023.
  • According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $243880.0, $2.0 million, and $34.6 million for Q4 2023, Q4 2022, and Q4 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn
10 Cyngn 16.01 Mn -23.72 Mn 55,476.00

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