First Solar (FSLR) Non-Current Deferred Tax Liability (2020 - 2023)
First Solar posted quarterly Non-Current Deferred Tax Liability of $32.5 million for Q1 2023, up 7.91% year-on-year from $30.1 million in Q1 2022, and up 12.34% on a QoQ basis from $28.9 million in Q4 2022.
First Solar (FSLR) has 4 years of Non-Current Deferred Tax Liability data on file, last reported 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.
- Across five years, Non-Current Deferred Tax Liability topped out at $32.5 million in Q1 2023 and bottomed at $14.3 million in Q3 2021.
- The 4-year median for Non-Current Deferred Tax Liability is $24.2 million (2020), against an average of $23.4 million.
- Peak annual rise in Non-Current Deferred Tax Liability reached 105.32% in 2022, while the deepest fall reached 4.44% in 2022.
- A 4-year view of Non-Current Deferred Tax Liability shows it stood at $23.7 million in 2020, then gained by 17.02% to $27.7 million in 2021, then grew by 4.44% to $28.9 million in 2022, then advanced 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 | 26.65 Bn | 24.22 Bn | 486.13 Mn |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 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 |