Globant (GLOB) Deferred Taxes (2016 - 2021)
Globant (GLOB) recorded quarterly Deferred Taxes of -$3.9 million in Q1 2021, down 590.99% quarter-over-quarter from -$566000.0 in Q1 2020, and down 590.99% on a YoY basis from $796554.9 in Q1 2020.
Globant (GLOB) Deferred Taxes (2016 - 2021) Analysis & Trends
Globant's Deferred Taxes history runs 6 years deep, the most recent figure standing at -$3.9 million for Q1 2021.
- In Q1 2021, Deferred Taxes fell 590.99% year-over-year to -$3.9 million; the TTM figure through Mar 2021 stood at -$5.8 million (down 49.41% YoY), while the FY2025 annual figure was -$24.6 million, up 34.45% from the prior year.
- Deferred Taxes was -$3.9 million for Q1 2021 at Globant, down from -$566000.0 in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $697000.0 in Q2 2018 to a low of -$3.9 million in Q1 2021.
- Historically, Deferred Taxes has averaged -$1.5 million across 5 years, with a median of -$2.0 million in 2018.
- Biggest YoY gain for Deferred Taxes was 129.1% in 2018; the steepest drop was 741.53% in 2018.
- A 5-year view of Deferred Taxes shows it stood at -$2.4 million in 2017, then soared by 129.1% to $697000.0 in 2018, then slumped by 392.83% to -$2.0 million in 2019, then jumped by 72.27% to -$566000.0 in 2020, then tumbled by 590.99% to -$3.9 million in 2021.
- The last three Deferred Taxes figures came in at -$3.9 million (Q1 2021), -$566000.0 (Q1 2020), and -$2.0 million (Q1 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | -3.76 Bn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | - |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | - |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 97.68 Mn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 111.00 Mn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | -5.00 Mn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | -5.40 Mn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 4.30 Mn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | -8.00 Mn |
| 10 | Globant | 2.01 Bn | 1.83 Bn | 213.66 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2021 | -3.91 Mn |
| Mar 31, 2020 | -566,000.00 |
| Mar 31, 2019 | -2.04 Mn |
| Jun 30, 2018 | 697,000.00 |
| Mar 31, 2018 | -1.99 Mn |
| Jun 30, 2017 | -2.40 Mn |
| Mar 31, 2017 | -236,000.00 |
| Jun 30, 2016 | -393,000.00 |