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