HiTek Global (HKIT) Long-Term Deferred Tax (2018 - 2023)
HiTek Global (HKIT) posted Long-Term Deferred Tax of $32942.0 for Q4 2023, down 96.19% sequentially from $864366.0 in Q2 2023, and down 96.41% YoY from $917446.0 in Q4 2022.
HiTek Global (HKIT) Long-Term Deferred Tax (2018 - 2023) Analysis & Trends
HiTek Global has reported Long-Term Deferred Tax for 6 years, with the latest figure at $32942.0 in Q4 2023.
- Quarterly Long-Term Deferred Tax fell 96.41% year-over-year to $32942.0 in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $32942.0 (down 96.41% YoY) and the FY2023 annual result came in at $32942.0, down 96.41% from the prior year.
- Long-Term Deferred Tax slipped to $32942.0 in Q4 2023 per HKIT's latest filing, from $864366.0 in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $917446.0 in Q4 2022 and troughed at $32942.0 in Q4 2023.
- A 5-year average of $645908.0 and a median of $717509.0 in 2020 frame the typical range for Long-Term Deferred Tax.
- The sharpest annual moves came in 2022 and 2023: Long-Term Deferred Tax advanced 21.0% in 2022, then slumped 96.41% in 2023.
- Over 5 years, Long-Term Deferred Tax stood at $625676.0 in 2019, then advanced by 8.18% to $676828.0 in 2020, then rose by 12.02% to $758190.0 in 2021, then rose by 21.0% to $917446.0 in 2022, then plunged by 96.41% to $32942.0 in 2023.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $32942.0, $864366.0, and $917446.0 for Q4 2023, Q2 2023, and Q4 2022 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn |
| 10 | HiTek Global | 364,090.36 | -21.29 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 32,942.00 |
| Jun 30, 2023 | 864,366.00 |
| Dec 31, 2022 | 917,446.00 |
| Dec 31, 2021 | 758,190.00 |
| Dec 31, 2020 | 676,828.00 |
| Dec 31, 2019 | 625,676.00 |
| Dec 31, 2018 | 622,656.00 |