First Solar (FSLR) Non-Current Deferred Tax Liability (2020 - 2023)

First Solar (FSLR) reported Non-Current Deferred Tax Liability of $32.5 million for Q1 2023, up 7.91% on a YoY basis from $30.1 million in Q1 2022, and up 12.34% quarter-over-quarter from $28.9 million in Q4 2022.

First Solar (FSLR) Non-Current Deferred Tax Liability (2020 - 2023) Analysis & Trends

First Solar has reported Non-Current Deferred Tax Liability for 4 years, with the latest figure at $32.5 million in Q1 2023.

  • For the quarter ending Q1 2023, Non-Current Deferred Tax Liability rose 7.91% year-over-year to $32.5 million; the trailing twelve-month figure through Mar 2023 stood at $32.5 million (up 7.91% YoY), and the FY2022 full-year result was $28.9 million, up 4.44% from the prior year.
  • Non-Current Deferred Tax Liability for Q1 2023 stood at $32.5 million, up from $28.9 million in the prior quarter.
  • The five-year high for Non-Current Deferred Tax Liability was $32.5 million in Q1 2023, with the low at $14.3 million in Q3 2021.
  • Historically, Non-Current Deferred Tax Liability has averaged $23.4 million across 4 years, with a median of $24.2 million in 2020.
  • The largest YoY upside for Non-Current Deferred Tax Liability was 105.32% in 2022 against a maximum downside of 4.44% in 2022.
  • First Solar's Non-Current Deferred Tax Liability 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 gained by 12.34% to $32.5 million in 2023.
  • The last three Non-Current Deferred Tax Liability figures came in at $32.5 million (Q1 2023), $28.9 million (Q4 2022), and $24.8 million (Q3 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 28.68 Bn 26.25 Bn 486.13 Mn
2 Nextpower 18.03 Bn 16.93 Bn 297.38 Mn
3 Enphase Energy 7.16 Bn 6.23 Bn 100.39 Mn
4 Solaredge Technologies 3.68 Bn 3.13 Bn 68.28 Mn
5 Sunrun 3.02 Bn 3.91 Bn 543.70 Mn
6 Shoals Technologies 1.75 Bn 1.75 Bn 41.01 Mn
7 Array Technologies 1.19 Bn 987.00 Mn 63.00 Mn
8 JinkoSolar Holding 596.69 Mn 2.20 Bn 147.66 Mn
9 Tigo Energy 209.39 Mn 197.82 Mn 10.79 Mn
10 Skycorp Solar 110.38 Mn 103.60 Mn -

Historic Data

Download Data
DateValue
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
Dec 31, 2020 23.67 Mn
Dec 31, 2020 23.67 Mn