Grid Dynamics Holdings (GDYN) Current Deferred Tax Assets (2019 - 2021)

Grid Dynamics Holdings (GDYN) reported Current Deferred Tax Assets of $4.9 million for Q2 2021, down 15.36% on a YoY basis from $5.7 million in Q2 2020, and down 28.47% sequentially from $6.8 million in Q1 2021.

Grid Dynamics Holdings (GDYN) Current Deferred Tax Assets (2019 - 2021) Analysis & Trends

Grid Dynamics Holdings (GDYN) has 3 years of Current Deferred Tax Assets data on file, last reported at $4.9 million in Q2 2021.

  • For the quarter ending Q2 2021, Current Deferred Tax Assets fell 15.36% year-over-year to $4.9 million; the trailing twelve-month figure through Jun 2021 stood at $4.9 million (down 15.36% YoY), and the FY2020 full-year result was $5.6 million, up 280.53% from the prior year.
  • Current Deferred Tax Assets slipped to $4.9 million in Q2 2021, from $6.8 million in the prior quarter.
  • In the past five years, Current Deferred Tax Assets ranged from a high of $6.8 million in Q1 2021 to a low of $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.
  • Across the five-year window, Current Deferred Tax Assets surged 280.53% in 2020 and slipped 15.36% in 2021, its largest moves.
  • Tracing GDYN's Current Deferred Tax Assets over 3 years: stood at $1.5 million in 2019, then surged by 280.53% to $5.6 million in 2020, then decreased by 13.26% to $4.9 million in 2021.
  • Business Quant data shows GDYN's Current Deferred Tax Assets at $4.9 million in Q2 2021, $6.8 million in Q1 2021, and $5.6 million in Q4 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn
5 Cgi 41.25 Bn 40.60 Bn -
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn
10 Grid Dynamics Holdings 475.05 Mn 147.59 Mn 36.23 Mn

Historic Data

Download Data
DateValue
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