Forte Biosciences (FBRX) Long-Term Deferred Tax (2017 - 2019)
Forte Biosciences (FBRX) posted quarterly Long-Term Deferred Tax of $53.8 million for Q4 2019, up 28.1% year-over-year from $42.0 million in Q4 2018, and up 28.1% quarter-over-quarter from $42.0 million in Q4 2018.
Analysis
Forte Biosciences (FBRX) Long-Term Deferred Tax (2017 - 2019) Analysis & Trends
Forte Biosciences (FBRX) has reported Long-Term Deferred Tax for 3 consecutive years, with $53.8 million the latest figure, recorded in Q4 2019.
- In Q4 2019, Long-Term Deferred Tax rose 28.1% year-over-year to $53.8 million; the TTM figure through Dec 2019 stood at $53.8 million (up 28.1% YoY), while the FY2019 annual figure was $53.8 million, up 28.1% from the prior year.
- Long-Term Deferred Tax grew to $53.8 million in Q4 2019 per FBRX's latest filing, from $42.0 million in the prior quarter.
- Across five years, Long-Term Deferred Tax topped out at $53.8 million in Q4 2019 and bottomed at $31.8 million in Q4 2017.
- Historically, Long-Term Deferred Tax has averaged $42.5 million across 3 years, with a median of $42.0 million in 2018.
- Annual changes were most pronounced in 2018 — Long-Term Deferred Tax jumped 32.08% — and 2019, when it increased 28.1%.
- Forte Biosciences' Long-Term Deferred Tax stood at $31.8 million in 2017, then jumped by 32.08% to $42.0 million in 2018, then increased by 28.1% to $53.8 million in 2019.
- Business Quant data shows FBRX's Long-Term Deferred Tax at $53.8 million in Q4 2019, $42.0 million in Q4 2018, and $31.8 million in Q4 2017.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.51 Bn | 130.66 Bn | 2.84 Bn |
| 2 | Regeneron Pharmaceuticals | 85.24 Bn | 77.25 Bn | 3.93 Bn |
| 3 | Argenx Se | 63.46 Bn | 58.28 Bn | 1.37 Bn |
| 4 | Moderna | 57.89 Bn | 52.75 Bn | 52.00 Mn |
| 5 | Revolution Medicines | 44.02 Bn | 44.02 Bn | - |
| 6 | BeOne Medicines | 39.95 Bn | 34.85 Bn | 1.53 Bn |
| 7 | Alnylam Pharmaceuticals | 35.49 Bn | 32.19 Bn | 992.69 Mn |
| 8 | Royalty Pharma | 28.43 Bn | 27.59 Bn | - |
| 9 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn |
| 10 | Forte Biosciences | 1.58 Bn | 1.23 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2019 | 53.80 Mn |
| Dec 31, 2018 | 42.00 Mn |
| Dec 31, 2017 | 31.80 Mn |