Goldgroup Mining (GORO) Long-Term Deferred Tax (2011 - 2024)
Goldgroup Mining's Long-Term Deferred Tax was $239,000 in Q3 2024, down 97.9% from $11.54 million a year earlier and down 11.2% from the prior quarter.
Goldgroup Mining (GORO) Long-Term Deferred Tax (2011 - 2024) Analysis & Trends
At the end of FY2023, Long-Term Deferred Tax at Goldgroup Mining came in at $13.27 million, up 123.8% from FY2022.
- Long-Term Deferred Tax shows a five-year compound annual growth rate of 12.5% (FY2018 to FY2023).
- In earlier years, Long-Term Deferred Tax was $5.93 million in FY2022, $309,000 in FY2020 (-92.1%) and $3.9 million in FY2019 (-47.1%).
- The Q3 2024 figure marks the lowest quarterly Long-Term Deferred Tax in data going back to Q4 2011.
- Compared with a year earlier, Long-Term Deferred Tax was higher in two of the last four quarters, with growth averaging 10.5%.
- The best year-over-year quarter for Long-Term Deferred Tax over five years was Q4 2023 (growth of 123.8%); the worst was Q3 2024 (a decline of 97.9%).
- Per Business Quant data, GORO's Long-Term Deferred Tax in the three quarters before Q3 2024 was $269,000 (Q2 2024), $15.54 million (Q1 2024) and $13.27 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - |
| 10 | Goldgroup Mining | 519.65 Mn | 441.15 Mn | 19.05 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 239,000.00 |
| Jun 30, 2024 | 269,000.00 |
| Mar 31, 2024 | 15.54 Mn |
| Dec 31, 2023 | 13.27 Mn |
| Sep 30, 2023 | 11.54 Mn |
| Jun 30, 2023 | 9.92 Mn |
| Mar 31, 2023 | 7.28 Mn |
| Dec 31, 2022 | 5.93 Mn |
| Sep 30, 2021 | 434,000.00 |
| Jun 30, 2021 | 991,000.00 |
| Mar 31, 2021 | 347,000.00 |
| Dec 31, 2020 | 309,000.00 |
| Sep 30, 2020 | 8.62 Mn |
| Jun 30, 2020 | 8.49 Mn |
| Mar 31, 2020 | 8.43 Mn |
| Dec 31, 2019 | 3.90 Mn |
| Dec 31, 2018 | 7.37 Mn |
| Sep 30, 2018 | 7.58 Mn |
| Jun 30, 2018 | 7.95 Mn |
| Mar 31, 2018 | 6.83 Mn |
Goldgroup Mining Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=GORO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "GORO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=GORO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();