Globus Medical (GMED) Current Deferred Tax Assets (2011 - 2015)
Globus Medical's (GMED) quarterly Current Deferred Tax Assets came in at $38.7 million in Q4 2015, down 3.43% YoY from $40.1 million in Q4 2014, and down 11.91% on a QoQ basis from $43.9 million in Q3 2015.
Globus Medical (GMED) Current Deferred Tax Assets (2011 - 2015) Analysis & Trends
Globus Medical (GMED) has 5 years of Current Deferred Tax Assets data on file, last reported at $38.7 million in Q4 2015.
- Quarterly Current Deferred Tax Assets fell 3.43% year-over-year to $38.7 million in Q4 2015, while the trailing twelve-month figure through Dec 2015 was $38.7 million (down 3.43% YoY) and the FY2015 annual result came in at $38.7 million, down 3.43% from the prior year.
- Current Deferred Tax Assets slipped to $38.7 million in Q4 2015, from $43.9 million in the prior quarter.
- In the past five years, Current Deferred Tax Assets ranged from a high of $43.9 million in Q3 2015 to a low of $16.2 million in Q4 2011.
- A 5-year average of $32.7 million and a median of $37.5 million in 2013 frame the typical range for Current Deferred Tax Assets.
- Annual changes were most pronounced in 2013 — Current Deferred Tax Assets surged 63.23% — and 2015, when it declined 3.43%.
- Tracing GMED's Current Deferred Tax Assets over 5 years: 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 | 198.70 Bn | 193.10 Bn | 7.27 Bn |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn |
| 10 | Globus Medical | 11.59 Bn | 10.99 Bn | 548.17 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 |