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| 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 |