Glass House Brands (GLAS) Non-Current Deferred Tax Liability (2020 - 2023)

Glass House Brands' (GLAS) quarterly Non-Current Deferred Tax Liability came in at $3.8 million in Q3 2023, up 46.91% on a QoQ basis from $2.6 million in Q1 2022.

Glass House Brands (GLAS) Non-Current Deferred Tax Liability (2020 - 2023) Analysis & Trends

Glass House Brands (GLAS) has 4 years of Non-Current Deferred Tax Liability data on file, last reported at $3.8 million in Q3 2023.

  • On a quarterly basis, Non-Current Deferred Tax Liability changed N/A year-over-year to $3.8 million in Q3 2023; TTM through Sep 2023 was $3.8 million, a N/A change from a year earlier, with the FY2021 full-year figure at $1.3 million, down 10.23% from the prior year.
  • Non-Current Deferred Tax Liability for Q3 2023 stood at $3.8 million, up from $2.6 million in the prior quarter.
  • Over the last five years, Non-Current Deferred Tax Liability for GLAS reached as high as $3.8 million in Q3 2023 and fell as low as $1.1 million in Q3 2021.
  • Historically, Non-Current Deferred Tax Liability has averaged $1.9 million across 4 years, with a median of $1.4 million in 2020.
  • Across the five-year window, Non-Current Deferred Tax Liability slipped 10.23% in 2021 and surged 91.3% in 2022, its largest moves.
  • Year by year, Non-Current Deferred Tax Liability stood at $1.4 million in 2020, then dropped by 10.23% to $1.3 million in 2021, then jumped by 104.42% to $2.6 million in 2022, then soared by 46.91% to $3.8 million in 2023.
  • Per Business Quant data, the three most recent Non-Current Deferred Tax Liability figures were $3.8 million in Q3 2023, $2.6 million in Q1 2022, and $1.3 million in Q4 2021.

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
Sep 30, 2023 3.83 Mn
Sep 30, 2023 3.83 Mn
Mar 31, 2022 2.61 Mn
Mar 31, 2022 2.61 Mn
Dec 31, 2021 1.28 Mn
Dec 31, 2021 1.28 Mn
Sep 30, 2021 1.09 Mn
Sep 30, 2021 1.09 Mn
Mar 31, 2021 1.36 Mn
Mar 31, 2021 1.36 Mn
Dec 31, 2020 1.42 Mn
Dec 31, 2020 1.42 Mn