Glass House Brands (GLAS) Long-Term Deferred Tax (2020 - 2023)

Glass House Brands' (GLAS) quarterly Long-Term Deferred Tax came in at $1.6 million in Q2 2023, up 103.0% year-on-year from $772675.0 in Q2 2022, and up 9.24% on a QoQ basis from $1.4 million in Q1 2023.

Glass House Brands (GLAS) Long-Term Deferred Tax (2020 - 2023) Analysis & Trends

Glass House Brands (GLAS) has 4 years of Long-Term Deferred Tax data on file, last reported at $1.6 million in Q2 2023.

  • On a quarterly basis, Long-Term Deferred Tax rose 103.0% year-over-year to $1.6 million in Q2 2023; TTM through Jun 2023 was $1.6 million, a 103.0% increase from a year earlier, with the FY2022 full-year figure at $1.5 million, changed N/A from the prior year.
  • Long-Term Deferred Tax for Q2 2023 stood at $1.6 million, up from $1.4 million in the prior quarter.
  • Over the last five years, Long-Term Deferred Tax for GLAS reached as high as $1.6 million in Q2 2023 and fell as low as $354251.0 in Q1 2021.
  • Historically, Long-Term Deferred Tax has averaged $960488.6 across 4 years, with a median of $754499.5 in 2022.
  • Across the five-year window, Long-Term Deferred Tax surged 99.16% in 2022 and soared 103.51% in 2023, its largest moves.
  • Year by year, Long-Term Deferred Tax stood at $598435.0 in 2020, then tumbled by 40.8% to $354251.0 in 2021, then jumped by 326.91% to $1.5 million in 2022, then gained by 3.71% to $1.6 million in 2023.
  • Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $1.6 million in Q2 2023, $1.4 million in Q1 2023, and $1.5 million in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Haleon 89.28 Bn 87.42 Bn -
2 Teva Pharmaceutical Industries 35.97 Bn 32.23 Bn 1.97 Bn
3 Zoetis 32.42 Bn 30.48 Bn 1.62 Bn
4 Takeda Pharmaceutical 27.48 Bn 23.42 Bn 4.39 Bn
5 United Therapeutics 22.89 Bn 20.73 Bn 648.10 Mn
6 RedHill Biopharma 22.11 Bn 22.11 Bn -
7 Viatris 20.44 Bn 18.64 Bn 1.16 Bn
8 Neurocrine Biosciences 17.76 Bn 16.44 Bn 800.70 Mn
9 Elanco Animal Health 12.62 Bn 12.19 Bn 785.00 Mn
10 Glass House Brands 873.84 Mn 845.91 Mn 10.02 Mn

Historic Data

Download Data
DateValue
Jun 30, 2023 1.57 Mn
Mar 31, 2023 1.44 Mn
Dec 31, 2022 1.51 Mn
Sep 30, 2022 736,324.00
Jun 30, 2022 772,675.00
Mar 31, 2022 705,542.00
Mar 31, 2021 354,251.00
Dec 31, 2020 598,435.00