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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn
7 Royalty Pharma 33.72 Bn 35.84 Bn -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn
10 Forte Biosciences 1.63 Bn 1.28 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2019 53.80 Mn
Dec 31, 2018 42.00 Mn
Dec 31, 2017 31.80 Mn