Iren (IREN) Long-Term Deferred Tax (2021 - 2024)
Iren's (IREN) quarterly Long-Term Deferred Tax came in at $2.6 million in Q1 2024, up 109.27% quarter-over-quarter from $1.2 million in Q4 2023.
Analysis
Iren (IREN) Long-Term Deferred Tax (2021 - 2024) Analysis & Trends
Iren (IREN) has reported Long-Term Deferred Tax for 4 consecutive years, with $2.6 million the latest figure, recorded in Q1 2024.
- On a quarterly basis, Long-Term Deferred Tax changed N/A year-over-year to $2.6 million in Q1 2024; TTM through Mar 2024 was $2.6 million, a N/A change from a year earlier, with the FY2023 full-year figure at $8000.0, down 99.64% from the prior year.
- Long-Term Deferred Tax was $2.6 million for Q1 2024 at Iren, up from $1.2 million in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $2.6 million in Q1 2024 and troughed at $8000.0 in Q2 2023.
- A 4-year average of $1.5 million and a median of $1.7 million in 2022 frame the typical range for Long-Term Deferred Tax.
- Across the five-year window, Long-Term Deferred Tax jumped 145.33% in 2022 and slumped 99.64% in 2023, its largest moves.
- Over 4 years, Long-Term Deferred Tax stood at $911000.0 in 2021, then jumped by 136.0% to $2.2 million in 2022, then tumbled by 42.33% to $1.2 million in 2023, then surged by 109.27% to $2.6 million in 2024.
- The last three Long-Term Deferred Tax figures came in at $2.6 million (Q1 2024), $1.2 million (Q4 2023), and $8000.0 (Q2 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 56.68 Bn | 56.34 Bn | 40.81 Mn |
| 2 | Iren | 35.52 Bn | 27.95 Bn | 103.89 Mn |
| 3 | Hut 8 | 12.16 Bn | 5.68 Bn | 48.04 Mn |
| 4 | Riot Platforms | 8.98 Bn | 8.43 Bn | 84.97 Mn |
| 5 | Argo Blockchain | 5.95 Bn | 5.95 Bn | - |
| 6 | MARA Holdings | 5.06 Bn | 4.70 Bn | - |
| 7 | Cleanspark | 3.72 Bn | 3.51 Bn | - |
| 8 | Bitdeer Technologies | 3.06 Bn | 2.59 Bn | -8.53 Mn |
| 9 | Keel Infrastructure | 2.47 Bn | 2.47 Bn | -86.75 Mn |
| 10 | HIVE Digital Technologies | 935.29 Mn | 696.25 Mn | -29.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 2.60 Mn |
| Dec 31, 2023 | 1.24 Mn |
| Jun 30, 2023 | 8,000.00 |
| Dec 31, 2022 | 2.15 Mn |
| Jun 30, 2022 | 2.24 Mn |
| Jun 30, 2021 | 911,000.00 |