Friedman Industries (FRD) Long-Term Deferred Tax (2015 - 2022)
Friedman Industries (FRD) posted Long-Term Deferred Tax of $2.1 million for Q1 2022, up 159.94% sequentially from $820568.0 in Q4 2021, and up 14.41% YoY from $1.9 million in Q1 2021.
Friedman Industries (FRD) Long-Term Deferred Tax (2015 - 2022) Analysis & Trends
Friedman Industries has reported Long-Term Deferred Tax for 7 years, with the latest figure at $2.1 million in Q1 2022.
- Quarterly Long-Term Deferred Tax rose 14.41% year-over-year to $2.1 million in Q1 2022, while the trailing twelve-month figure through Mar 2022 was $2.1 million (up 14.41% YoY) and the FY2022 annual result came in at $2.1 million, up 14.41% from the prior year.
- Long-Term Deferred Tax rose to $2.1 million in Q1 2022 per FRD's latest filing, from $820568.0 in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $6.3 million in Q2 2021 and troughed at $40639.0 in Q4 2019.
- A 4-year average of $1.8 million and a median of $708967.0 in 2020 frame the typical range for Long-Term Deferred Tax.
- The sharpest annual moves came in 2021 and 2022: Long-Term Deferred Tax jumped 960.93% in 2021, then rose 14.41% in 2022.
- Over 4 years, Long-Term Deferred Tax stood at $40639.0 in 2019, then jumped by 1272.81% to $557895.0 in 2020, then surged by 47.08% to $820568.0 in 2021, then soared by 159.94% to $2.1 million in 2022.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $2.1 million, $820568.0, and $5.1 million for Q1 2022, Q4 2021, and Q3 2021 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ternium | 108.84 Bn | 98.95 Bn | 941.02 Mn |
| 2 | Nucor | 55.75 Bn | 53.05 Bn | 2.03 Bn |
| 3 | ArcelorMittal | 54.97 Bn | 50.12 Bn | - |
| 4 | Steel Dynamics | 32.99 Bn | 32.40 Bn | 958.97 Mn |
| 5 | Reliance | 19.82 Bn | 19.59 Bn | 1.30 Bn |
| 6 | Cleveland-Cliffs | 6.46 Bn | 6.39 Bn | 132.00 Mn |
| 7 | Gerdau | 5.42 Bn | 4.28 Bn | 558.98 Mn |
| 8 | GRUPO SIMEC, S.A.B. de C.V | 4.53 Bn | 2.97 Bn | - |
| 9 | Posco Holdings | 4.32 Bn | 1.83 Bn | 1.04 Bn |
| 10 | Friedman Industries | 290.98 Mn | 285.08 Mn | 21.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2022 | 2.13 Mn |
| Dec 31, 2021 | 820,568.00 |
| Sep 30, 2021 | 5.10 Mn |
| Jun 30, 2021 | 6.34 Mn |
| Mar 31, 2021 | 1.86 Mn |
| Sep 30, 2020 | 557,895.00 |
| Jun 30, 2020 | 597,366.00 |
| Mar 31, 2020 | 448,665.00 |
| Dec 31, 2019 | 40,639.00 |
| Sep 30, 2019 | 304,527.00 |
| Dec 31, 2017 | 463,728.00 |
| Sep 30, 2017 | 960,185.00 |
| Jun 30, 2017 | 1.11 Mn |
| Mar 31, 2017 | 1.17 Mn |
| Dec 31, 2016 | 1.08 Mn |
| Sep 30, 2016 | 947,561.00 |
| Jun 30, 2016 | 449,658.00 |
| Mar 31, 2016 | 408,502.00 |
| Dec 31, 2015 | 80,624.00 |
| Sep 30, 2015 | 116,202.00 |