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

First Solar (FSLR) posted Non-Current Deferred Tax Liability of $43.8 million for Q2 2023, up 34.81% on a QoQ basis from $32.5 million in Q1 2023, and up 90.0% year-over-year from $23.1 million in Q2 2022.

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

First Solar's Non-Current Deferred Tax Liability history runs 4 years deep, the most recent figure standing at $43.8 million for 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 was $43.8 million for Q2 2023 at First Solar, up from $32.5 million in the prior quarter.
  • Across five years, Non-Current Deferred Tax Liability topped out at $43.8 million in Q2 2023 and bottomed at $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.
  • Peak annual rise in Non-Current Deferred Tax Liability reached 105.32% in 2022, while the deepest fall reached 4.44% in 2022.
  • First Solar's Non-Current Deferred Tax Liability stood at $23.7 million in 2020, then advanced by 17.02% to $27.7 million in 2021, then increased by 4.44% to $28.9 million in 2022, then surged by 51.45% to $43.8 million in 2023.
  • Business Quant data shows FSLR's Non-Current Deferred Tax Liability at $43.8 million in Q2 2023, $32.5 million in Q1 2023, and $28.9 million in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn

Historic Data

Download Data
DateValue
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