Grid Dynamics Holdings (GDYN) Current Deferred Tax Assets (2019 - 2021)
Grid Dynamics Holdings (GDYN) posted Current Deferred Tax Assets of $4.9 million for Q2 2021, down 28.47% sequentially from $6.8 million in Q1 2021, and down 15.36% YoY from $5.7 million in Q2 2020.
Grid Dynamics Holdings (GDYN) Current Deferred Tax Assets (2019 - 2021) Analysis & Trends
Grid Dynamics Holdings has reported Current Deferred Tax Assets for 3 years, with the latest figure at $4.9 million in Q2 2021.
- Quarterly Current Deferred Tax Assets fell 15.36% year-over-year to $4.9 million in Q2 2021, while the trailing twelve-month figure through Jun 2021 was $4.9 million (down 15.36% YoY) and the FY2020 annual result came in at $5.6 million, up 280.53% from the prior year.
- Current Deferred Tax Assets slipped to $4.9 million in Q2 2021 per GDYN's latest filing, from $6.8 million in the prior quarter.
- Over five years, Current Deferred Tax Assets peaked at $6.8 million in Q1 2021 and troughed at $1.5 million in Q4 2019.
- A 3-year average of $5.1 million and a median of $5.6 million in 2020 frame the typical range for Current Deferred Tax Assets.
- The sharpest annual moves came in 2020 and 2021: Current Deferred Tax Assets jumped 280.53% in 2020, then declined 15.36% in 2021.
- Over 3 years, Current Deferred Tax Assets stood at $1.5 million in 2019, then surged by 280.53% to $5.6 million in 2020, then declined by 13.26% to $4.9 million in 2021.
- According to Business Quant data, Current Deferred Tax Assets over the past three periods registered $4.9 million, $6.8 million, and $5.6 million for Q2 2021, Q1 2021, and Q4 2020 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn |
| 10 | Grid Dynamics Holdings | 659.91 Mn | 361.48 Mn | 39.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2021 | 4.87 Mn |
| Jun 30, 2021 | 4.87 Mn |
| Mar 31, 2021 | 6.80 Mn |
| Mar 31, 2021 | 6.80 Mn |
| Dec 31, 2020 | 5.61 Mn |
| Dec 31, 2020 | 5.61 Mn |
| Sep 30, 2020 | 5.99 Mn |
| Sep 30, 2020 | 5.99 Mn |
| Jun 30, 2020 | 5.75 Mn |
| Jun 30, 2020 | 5.75 Mn |
| Mar 31, 2020 | 5.05 Mn |
| Mar 31, 2020 | 5.05 Mn |
| Dec 31, 2019 | 1.47 Mn |
| Dec 31, 2019 | 1.47 Mn |