It Tech Packaging (ITP) Deferred Taxes (2016 - 2022)
On a quarterly basis, Deferred Taxes rose 2366.78% to $11.5 million in Q4 2022 year-over-year; TTM through Dec 2022 was $10.3 million, a 275.86% increase, with the full-year FY2022 number at $10.3 million, up 275.86% from a year prior.
It Tech Packaging (ITP) has 11 years of Deferred Taxes data on record, last reported at $11.5 million in Q4 2022.
- Deferred Taxes reached $11.5 million in Q4 2022 per ITP's latest filing, up from -$376405.0 in the prior quarter.
- Over the last five years, Deferred Taxes for ITP hit a ceiling of $11.5 million in Q4 2022 and a floor of -$781821.0 in Q4 2020.
- A 5-year average of $308372.8 and a median of -$533641.0 in 2018 define the central range for Deferred Taxes.
- On a YoY basis, Deferred Taxes climbed as much as 2366.78% in 2022 and fell as far as 110.85% in 2022.
- Tracing ITP's Deferred Taxes over 5 years: stood at -$459733.0 in 2018, then fell by 12.23% to -$515955.0 in 2019, then crashed by 51.53% to -$781821.0 in 2020, then surged by 35.34% to -$505506.0 in 2021, then skyrocketed by 2366.78% to $11.5 million in 2022.
- Business Quant data shows Deferred Taxes for ITP at $11.5 million in Q4 2022, -$376405.0 in Q3 2022, and -$472236.0 in Q2 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Suzano | 38.93 Bn | 34.37 Bn | 600.58 Mn | -411.76 Mn |
| 2 | Sylvamo | 1.51 Bn | 1.31 Bn | 125.00 Mn | 4.00 Mn |
| 3 | Magnera | 378.03 Mn | 75.03 Mn | 95.00 Mn | -1.00 Mn |
| 4 | Clearwater Paper | 227.85 Mn | 191.35 Mn | -900,000.00 | -3.50 Mn |
| 5 | Mercer International | 64.31 Mn | -25.23 Mn | 36.32 Mn | -8.01 Mn |
| 6 | It Tech Packaging | - | - | 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 |
| Dec 31, 2017 | -976,204.00 |
| Sep 30, 2017 | -706,503.00 |
| Jun 30, 2017 | -506,107.00 |
| Mar 31, 2017 | -578,139.00 |
| Dec 31, 2016 | -443,805.00 |
| Sep 30, 2016 | -487,240.00 |
| Jun 30, 2016 | -437,062.00 |