Fortitude Gold (FTCO) Long-Term Deferred Tax (2020 - 2024)
Fortitude Gold's Long-Term Deferred Tax was $3.34 million in Q3 2024, up 76.7% from $1.89 million a year earlier and up 20.6% from the prior quarter.
Fortitude Gold (FTCO) Long-Term Deferred Tax (2020 - 2024) Analysis & Trends
At the end of FY2023, Long-Term Deferred Tax at Fortitude Gold came in at $2.86 million, up 123.1% from FY2022.
- Long-Term Deferred Tax shows a three-year compound annual growth rate of 43.9% (FY2020 to FY2023).
- In earlier years, Long-Term Deferred Tax was $1.28 million in FY2022 (+151.9%), $509,000 in FY2021 (-46.9%) and $959,000 in FY2020.
- The Q3 2024 figure marks the highest quarterly Long-Term Deferred Tax in data going back to Q4 2020.
- Compared with a year earlier, Long-Term Deferred Tax has increased for ten straight quarters, with growth averaging 87.3% over the last eight quarters.
- The best year-over-year quarter for Long-Term Deferred Tax over five years was Q2 2022 (growth of 916.7%); the worst was Q4 2021 (a decline of 46.9%).
- Per Business Quant data, FTCO's Long-Term Deferred Tax in the three quarters before Q3 2024 was $2.77 million (Q2 2024), $2.83 million (Q1 2024) and $2.86 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - |
| 10 | Fortitude Gold | 129.80 Mn | 93.40 Mn | 5.42 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 3.34 Mn |
| Jun 30, 2024 | 2.77 Mn |
| Mar 31, 2024 | 2.83 Mn |
| Dec 31, 2023 | 2.86 Mn |
| Sep 30, 2023 | 1.89 Mn |
| Jun 30, 2023 | 2.30 Mn |
| Mar 31, 2023 | 1.73 Mn |
| Dec 31, 2022 | 1.28 Mn |
| Sep 30, 2022 | 1.49 Mn |
| Jun 30, 2022 | 1.16 Mn |
| Mar 31, 2022 | 726,000.00 |
| Dec 31, 2021 | 509,000.00 |
| Sep 30, 2021 | 1.10 Mn |
| Jun 30, 2021 | 114,000.00 |
| Mar 31, 2021 | 986,000.00 |
| Dec 31, 2020 | 959,000.00 |
Fortitude Gold Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=FTCO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "FTCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=FTCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();