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| Date | Value |
|---|---|
| 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 |