Garmin (GRMN) Current Deferred Tax Assets (2009 - 2015)
Garmin's (GRMN) quarterly Current Deferred Tax Assets came in at $56.2 million in Q1 2015, down 17.15% year-over-year from $67.8 million in Q1 2014, and little changed quarter-over-quarter from $56.1 million in Q4 2014.
Analysis
Garmin (GRMN) Current Deferred Tax Assets (2009 - 2015) Analysis & Trends
Garmin has disclosed Current Deferred Tax Assets across 7 years of filings, most recently posting $56.2 million for Q1 2015.
- In Q1 2015, Current Deferred Tax Assets fell 17.15% year-over-year to $56.2 million; the TTM figure through Mar 2015 stood at $56.2 million (down 17.15% YoY), while the FY2014 annual figure was $56.1 million, down 19.65% from the prior year.
- Current Deferred Tax Assets came in at $56.2 million for Q1 2015 at Garmin, roughly flat from $56.1 million in the prior quarter.
- In the past five years, Current Deferred Tax Assets ranged from a high of $69.8 million in Q4 2013 to a low of $26.3 million in Q3 2011.
- Average Current Deferred Tax Assets over 5 years is $54.7 million, with a median of $56.2 million recorded in 2015.
- Year-over-year, Current Deferred Tax Assets slumped 54.99% in 2011 and surged 91.87% in 2012.
- Over 5 years, Current Deferred Tax Assets stood at $53.7 million in 2011, then climbed by 28.16% to $68.8 million in 2012, then grew by 1.51% to $69.8 million in 2013, then fell by 19.65% to $56.1 million in 2014, then climbed by 0.11% to $56.2 million in 2015.
- Per Business Quant data, the three most recent Current Deferred Tax Assets figures were $56.2 million in Q1 2015, $56.1 million in Q4 2014, and $59.2 million in Q3 2014.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 4,859.45 Bn | 4,797.05 Bn | 54.77 Bn |
| 2 | Garmin | 53.81 Bn | 51.14 Bn | 1.26 Bn |
| 3 | Vuzix | 211.42 Mn | 194.13 Mn | -645,411.00 |
| 4 | Zepp Health | 69.33 Mn | -328,416.31 | 23.73 Mn |
| 5 | Foxx Development Holdings | 17.72 Mn | 14.53 Mn | -1.45 Mn |
| 6 | Wearable Devices | 652,391.50 | -18.19 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 28, 2015 | 56.17 Mn |
| Dec 27, 2014 | 56.10 Mn |
| Sep 27, 2014 | 59.19 Mn |
| Jun 28, 2014 | 67.50 Mn |
| Mar 29, 2014 | 67.79 Mn |
| Dec 28, 2013 | 69.82 Mn |
| Sep 28, 2013 | 67.44 Mn |
| Jun 29, 2013 | 63.24 Mn |
| Mar 30, 2013 | 68.53 Mn |
| Dec 29, 2012 | 68.79 Mn |
| Sep 29, 2012 | 50.46 Mn |
| Jun 30, 2012 | 47.26 Mn |
| Mar 31, 2012 | 46.36 Mn |
| Dec 31, 2011 | 53.67 Mn |
| Sep 24, 2011 | 26.30 Mn |
| Jun 25, 2011 | 27.69 Mn |
| Mar 26, 2011 | 33.58 Mn |
| Dec 25, 2010 | 33.63 Mn |
| Sep 25, 2010 | 58.43 Mn |
| Jun 26, 2010 | 57.07 Mn |