Friedman Industries (FRD) Long-Term Deferred Tax (2015 - 2022)
Friedman Industries' (FRD) quarterly Long-Term Deferred Tax came in at $2.1 million in Q1 2022, up 14.41% year-on-year from $1.9 million in Q1 2021, and up 159.94% quarter-over-quarter from $820568.0 in Q4 2021.
Friedman Industries (FRD) Long-Term Deferred Tax (2015 - 2022) Analysis & Trends
Friedman Industries has disclosed Long-Term Deferred Tax across 7 years of filings, most recently posting $2.1 million for Q1 2022.
- Long-Term Deferred Tax for Q1 2022 came in at $2.1 million, up 14.41% year-over-year; the trailing twelve-month figure through Mar 2022 was $2.1 million (up 14.41% YoY), and the FY2022 annual result was $2.1 million, up 14.41% from the prior year.
- Long-Term Deferred Tax came in at $2.1 million for Q1 2022 at Friedman Industries, up from $820568.0 in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $6.3 million in Q2 2021 to a low of $40639.0 in Q4 2019.
- The 4-year median for Long-Term Deferred Tax is $708967.0 (2020), against an average of $1.8 million.
- Across the five-year window, Long-Term Deferred Tax surged 960.93% in 2021 and grew 14.41% in 2022, its largest moves.
- Friedman Industries' Long-Term Deferred Tax stood at $40639.0 in 2019, then surged by 1272.81% to $557895.0 in 2020, then soared by 47.08% to $820568.0 in 2021, then jumped by 159.94% to $2.1 million in 2022.
- The last three Long-Term Deferred Tax figures came in at $2.1 million (Q1 2022), $820568.0 (Q4 2021), and $5.1 million (Q3 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn |
| 10 | Friedman Industries | 169.97 Mn | 165.36 Mn | 30.50 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 |