It Tech Packaging (ITP) Deferred Taxes (2012 - 2022)
It Tech Packaging (ITP) posted quarterly Deferred Taxes of $11.5 million for Q4 2022, up 2366.78% year-over-year from $464521.0 in Q4 2021, and up 3144.26% quarter-over-quarter from -$376405.0 in Q3 2022.
It Tech Packaging (ITP) Deferred Taxes (2012 - 2022) Analysis & Trends
It Tech Packaging (ITP) has reported Deferred Taxes for 11 consecutive years, with $11.5 million the latest figure, recorded in Q4 2022.
- In Q4 2022, Deferred Taxes rose 2366.78% year-over-year to $11.5 million; the TTM figure through Dec 2022 stood at $10.3 million (up 275.86% YoY), while the FY2022 annual figure was $10.3 million, up 275.86% from the prior year.
- Deferred Taxes grew to $11.5 million in Q4 2022 per ITP's latest filing, from -$376405.0 in the prior quarter.
- Across five years, Deferred Taxes topped out at $11.5 million in Q4 2022 and bottomed at -$781821.0 in Q4 2020.
- Historically, Deferred Taxes has averaged $308372.8 across 5 years, with a median of -$533641.0 in 2018.
- On a YoY basis, Deferred Taxes climbed as much as 2366.78% in 2022 and fell as far as 110.85% in 2022.
- It Tech Packaging's Deferred Taxes stood at -$459733.0 in 2018, then dropped by 12.23% to -$515955.0 in 2019, then tumbled by 51.53% to -$781821.0 in 2020, then soared by 35.34% to -$505506.0 in 2021, then surged by 2366.78% to $11.5 million in 2022.
- Business Quant data shows ITP's Deferred Taxes at $11.5 million in Q4 2022, -$376405.0 in Q3 2022, and -$472236.0 in Q2 2022.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Suzano | 10.77 Bn | 5.58 Bn | 558.88 Mn | 169.39 Mn |
| 2 | Sylvamo | 1.47 Bn | 1.28 Bn | 132.00 Mn | -4.00 Mn |
| 3 | Clearwater Paper | 348.32 Mn | 252.92 Mn | -10.40 Mn | -8.10 Mn |
| 4 | Mercer International | 28.44 Mn | -55.33 Mn | 10.48 Mn | -13.25 Mn |
| 5 | It Tech Packaging | 2.40 Mn | -7.36 Mn | 2.02 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 11.46 Mn |
| Sep 30, 2022 | -376,405.00 |
| Jun 30, 2022 | -472,236.00 |
| Mar 31, 2022 | -348,989.00 |
| Dec 31, 2021 | -505,506.00 |
| Sep 30, 2021 | -529,133.00 |
| Jun 30, 2021 | 4.35 Mn |
| Mar 31, 2021 | -589,094.00 |
| Dec 31, 2020 | -781,821.00 |
| Sep 30, 2020 | -561,055.00 |
| Jun 30, 2020 | -480,657.00 |
| Mar 31, 2020 | -541,042.00 |
| Dec 31, 2019 | -515,955.00 |
| Sep 30, 2019 | -594,594.00 |
| Jun 30, 2019 | -611,339.00 |
| Mar 31, 2019 | -647,795.00 |
| Dec 31, 2018 | -459,733.00 |
| Sep 30, 2018 | -538,149.00 |
| Jun 30, 2018 | -552,588.00 |
| Mar 31, 2018 | -538,969.00 |