Globant (GLOB) Deferred Taxes (2016 - 2021)
Globant (GLOB) posted quarterly Deferred Taxes of -$3.9 million for Q1 2021, down 590.99% year-over-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.
- 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 for Q1 2021 stood at -$3.9 million, down from -$566000.0 in the prior quarter.
- The five-year high for Deferred Taxes was $697000.0 in Q2 2018, with the low at -$3.9 million in Q1 2021.
- The 5-year median for Deferred Taxes is -$2.0 million (2018), against an average of -$1.5 million.
- Peak annual rise in Deferred Taxes reached 129.1% in 2018, while the deepest fall reached 741.53% in 2018.
- Globant's Deferred Taxes stood at -$2.4 million in 2017, then surged by 129.1% to $697000.0 in 2018, then sank by 392.83% to -$2.0 million in 2019, then soared by 72.27% to -$566000.0 in 2020, then slumped by 590.99% to -$3.9 million in 2021.
- Business Quant data shows GLOB's Deferred Taxes at -$3.9 million in Q1 2021, -$566000.0 in Q1 2020, and -$2.0 million in Q1 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | - |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 95.74 Mn |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | -1.03 Bn |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | 3.96 Mn |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 8.00 Mn |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | -8.00 Mn |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 40.70 Mn |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | 103.32 Mn |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 6.00 Mn |
| 10 | Globant | 1.71 Bn | 1.51 Bn | 208.24 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 |