Globus Medical (GMED) Current Deferred Tax Assets (2011 - 2015)
Globus Medical (GMED) reported Current Deferred Tax Assets of $38.7 million for Q4 2015, down 3.43% on a YoY basis from $40.1 million in Q4 2014, and down 11.91% quarter-over-quarter from $43.9 million in Q3 2015.
Globus Medical (GMED) Current Deferred Tax Assets (2011 - 2015) Analysis & Trends
Globus Medical has reported Current Deferred Tax Assets for 5 years, with the latest figure at $38.7 million in Q4 2015.
- For the quarter ending Q4 2015, Current Deferred Tax Assets fell 3.43% year-over-year to $38.7 million; the trailing twelve-month figure through Dec 2015 stood at $38.7 million (down 3.43% YoY), and the FY2015 full-year result was $38.7 million, down 3.43% from the prior year.
- Current Deferred Tax Assets for Q4 2015 stood at $38.7 million, down from $43.9 million in the prior quarter.
- The five-year high for Current Deferred Tax Assets was $43.9 million in Q3 2015, with the low at $16.2 million in Q4 2011.
- Historically, Current Deferred Tax Assets has averaged $32.7 million across 5 years, with a median of $37.5 million in 2013.
- Annual changes were most pronounced in 2013 — Current Deferred Tax Assets surged 63.23% — and 2015, when it declined 3.43%.
- Globus Medical's Current Deferred Tax Assets stood at $16.2 million in 2011, then jumped by 47.15% to $23.8 million in 2012, then soared by 56.93% to $37.3 million in 2013, then climbed by 7.36% to $40.1 million in 2014, then decreased by 3.43% to $38.7 million in 2015.
- The last three Current Deferred Tax Assets figures came in at $38.7 million (Q4 2015), $43.9 million (Q3 2015), and $42.4 million (Q2 2015), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn |
| 10 | Globus Medical | 10.71 Bn | 10.08 Bn | 525.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2015 | 38.69 Mn |
| Dec 31, 2015 | 38.69 Mn |
| Sep 30, 2015 | 43.92 Mn |
| Sep 30, 2015 | 43.92 Mn |
| Jun 30, 2015 | 42.45 Mn |
| Jun 30, 2015 | 42.45 Mn |
| Mar 31, 2015 | 41.34 Mn |
| Mar 31, 2015 | 41.34 Mn |
| Dec 31, 2014 | 40.06 Mn |
| Dec 31, 2014 | 40.06 Mn |
| Sep 30, 2014 | 37.75 Mn |
| Sep 30, 2014 | 37.75 Mn |
| Jun 30, 2014 | 39.32 Mn |
| Jun 30, 2014 | 39.32 Mn |
| Mar 31, 2014 | 38.48 Mn |
| Mar 31, 2014 | 38.48 Mn |
| Dec 31, 2013 | 37.32 Mn |
| Dec 31, 2013 | 37.32 Mn |
| Sep 30, 2013 | 32.40 Mn |
| Sep 30, 2013 | 32.40 Mn |