First Solar (FSLR) Non-Current Deferred Tax Liability (2020 - 2023)
First Solar's (FSLR) quarterly Non-Current Deferred Tax Liability came in at $43.8 million in Q2 2023, up 90.0% YoY from $23.1 million in Q2 2022, and up 34.81% on a QoQ basis from $32.5 million in Q1 2023.
First Solar (FSLR) Non-Current Deferred Tax Liability (2020 - 2023) Analysis & Trends
First Solar (FSLR) has 4 years of Non-Current Deferred Tax Liability data on file, last reported at $43.8 million in Q2 2023.
- Quarterly Non-Current Deferred Tax Liability rose 90.0% year-over-year to $43.8 million in Q2 2023, while the trailing twelve-month figure through Jun 2023 was $43.8 million (up 90.0% YoY) and the FY2022 annual result came in at $28.9 million, up 4.44% from the prior year.
- Non-Current Deferred Tax Liability advanced to $43.8 million in Q2 2023, from $32.5 million in the prior quarter.
- In the past five years, Non-Current Deferred Tax Liability ranged from a high of $43.8 million in Q2 2023 to a low of $14.3 million in Q3 2021.
- A 4-year average of $25.3 million and a median of $24.8 million in 2022 frame the typical range for Non-Current Deferred Tax Liability.
- The widest YoY moves for Non-Current Deferred Tax Liability: up 105.32% in 2022, down 4.44% in 2022.
- Tracing FSLR's Non-Current Deferred Tax Liability over 4 years: stood at $23.7 million in 2020, then rose by 17.02% to $27.7 million in 2021, then climbed by 4.44% to $28.9 million in 2022, then soared by 51.45% to $43.8 million in 2023.
- The last three Non-Current Deferred Tax Liability figures came in at $43.8 million (Q2 2023), $32.5 million (Q1 2023), and $28.9 million (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 43.81 Mn |
| Jun 30, 2023 | 43.81 Mn |
| Mar 31, 2023 | 32.50 Mn |
| Mar 31, 2023 | 32.50 Mn |
| Dec 31, 2022 | 28.93 Mn |
| Dec 31, 2022 | 28.93 Mn |
| Sep 30, 2022 | 24.81 Mn |
| Sep 30, 2022 | 24.81 Mn |
| Jun 30, 2022 | 23.06 Mn |
| Jun 30, 2022 | 23.06 Mn |
| Mar 31, 2022 | 30.12 Mn |
| Mar 31, 2022 | 30.12 Mn |
| Dec 31, 2021 | 27.70 Mn |
| Dec 31, 2021 | 27.70 Mn |
| Sep 30, 2021 | 14.31 Mn |
| Sep 30, 2021 | 14.31 Mn |
| Jun 30, 2021 | 14.61 Mn |
| Jun 30, 2021 | 14.61 Mn |
| Mar 31, 2021 | 14.67 Mn |
| Mar 31, 2021 | 14.67 Mn |