Globant (GLOB) Deferred Taxes (2016 - 2021)
Globant's (GLOB) quarterly Deferred Taxes came in at -$3.9 million in Q1 2021, down 590.99% year-on-year from $796554.9 in Q1 2020, and down 590.99% quarter-over-quarter from -$566000.0 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.
- On a quarterly basis, Deferred Taxes fell 590.99% year-over-year to -$3.9 million in Q1 2021; TTM through Mar 2021 was -$8.5 million, a 21.69% decrease from a year earlier, with the FY2025 full-year figure at -$24.6 million, up 34.45% from the prior year.
- Deferred Taxes eased to -$3.9 million in Q1 2021 per GLOB's latest filing, from -$566000.0 in the prior quarter.
- Across five years, Deferred Taxes topped out at $841000.0 in Q2 2018 and bottomed at -$3.9 million in Q1 2021.
- The 5-year median for Deferred Taxes is -$1.3 million (2018), against an average of -$1.2 million.
- Biggest YoY gain for Deferred Taxes was 135.11% in 2018; the steepest drop was 741.53% in 2018.
- Year by year, Deferred Taxes stood at $534000.0 in 2017, then jumped by 57.49% to $841000.0 in 2018, then tumbled by 342.69% to -$2.0 million in 2019, then jumped by 72.27% to -$566000.0 in 2020, then sank by 590.99% to -$3.9 million in 2021.
- Per Business Quant, the three latest GLOB Deferred Taxes figures stand at -$3.9 million (Q1 2021), -$566000.0 (Q1 2020), and -$2.0 million (Q1 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 203.45 Bn | 192.09 Bn | 9.91 Bn | - |
| 2 | Accenture | 94.76 Bn | 84.59 Bn | 6.13 Bn | 95.74 Mn |
| 3 | Cgi | 61.46 Bn | 60.81 Bn | - | -1.17 Mn |
| 4 | GDS Holdings | 48.81 Bn | 46.67 Bn | 164.04 Mn | - |
| 5 | Infosys | 47.98 Bn | 47.98 Bn | 1.60 Bn | -1.03 Bn |
| 6 | Cognizant Technology Solutions | 22.55 Bn | 21.03 Bn | 1.78 Bn | 111.00 Mn |
| 7 | Fidelity National Information Services | 22.25 Bn | 21.49 Bn | 1.11 Bn | -5.00 Mn |
| 8 | Wipro | 20.03 Bn | 15.85 Bn | 738.00 Mn | 103.32 Mn |
| 9 | Cdw | 17.85 Bn | 17.27 Bn | 1.19 Bn | 4.30 Mn |
| 10 | Globant | 1.45 Bn | 1.20 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 | 841,000.00 |
| Mar 31, 2018 | -1.99 Mn |
| Dec 31, 2017 | 534,000.00 |
| Jun 30, 2017 | -2.40 Mn |
| Mar 31, 2017 | -236,000.00 |
| Jun 30, 2016 | -393,000.00 |