Equinox Gold (EQX) Deferred Taxes (2019 - 2021)

Equinox Gold (EQX) recorded quarterly Deferred Taxes of $6.1 million in Q3 2021, down 67.58% quarter-over-quarter from $18.9 million in Q2 2021, and up 2137.83% on a YoY basis from $273342.7 in Q3 2020.

Equinox Gold (EQX) Deferred Taxes (2019 - 2021) Analysis & Trends

Equinox Gold's Deferred Taxes history runs 3 years deep, the most recent figure standing at $6.1 million for Q3 2021.

  • In Q3 2021, Deferred Taxes rose 2137.83% year-over-year to $6.1 million; the TTM figure through Sep 2021 stood at $16.0 million (up 171.33% YoY), while the FY2020 annual figure was $14.2 million, up 12613.39% from the prior year.
  • Deferred Taxes was $6.1 million for Q3 2021 at Equinox Gold, down from $18.9 million in the prior quarter.
  • In the past five years, Deferred Taxes ranged from a high of $18.9 million in Q2 2021 to a low of -$21.9 million in Q1 2020.
  • Historically, Deferred Taxes has averaged -$564921.8 across 3 years, with a median of -$334584.7 in 2019.
  • The sharpest annual moves came in 2020 and 2021: Deferred Taxes plunged 5841.73% in 2020, then jumped 16167.24% in 2021.
  • A 3-year view of Deferred Taxes shows it stood at -$390000.0 in 2019, then rose by 23.03% to -$300169.5 in 2020, then jumped by 2137.83% to $6.1 million in 2021.
  • The last three Deferred Taxes figures came in at $6.1 million (Q3 2021), $18.9 million (Q2 2021), and -$8.6 million (Q1 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -
2 Barrick Mining 1,048.41 Bn 1,051.14 Bn 3.12 Bn -
3 Wheaton Precious Metals 429.35 Bn 428.20 Bn 699.37 Mn -
4 Alamos Gold 144.86 Bn 144.19 Bn 442.20 Mn -39.10 Mn
5 Gold Fields 136.49 Bn 134.71 Bn - -
6 Kinross Gold 110.14 Bn 107.96 Bn 1.44 Bn -
7 Newmont 106.92 Bn 98.31 Bn 7.29 Bn -45.00 Mn
8 Equinox Gold 51.34 Bn 50.84 Bn - -
9 AngloGold Ashanti 47.89 Bn 44.92 Bn 1.94 Bn -
10 Aura Minerals 47.46 Bn 47.17 Bn 19.58 Mn -2.10 Mn

Historic Data

Download Data
DateValue
Sep 30, 2021 6.12 Mn
Jun 30, 2021 18.87 Mn
Mar 31, 2021 -8.64 Mn
Sep 30, 2020 -300,169.47
Jun 30, 2020 116,000.00
Mar 31, 2020 -21.93 Mn
Dec 31, 2019 -390,000.00
Sep 30, 2019 -1.73 Mn
Jun 30, 2019 2.60 Mn
Mar 31, 2019 -369,000.00