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| Date | Value |
|---|---|
| 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 |