It Tech Packaging (ITP) Long-Term Deferred Tax (2012 - 2023)
It Tech Packaging (ITP) posted quarterly Long-Term Deferred Tax of $17.2 million for Q3 2023, up 53.44% year-over-year from $11.2 million in Q3 2022, and up 2.61% quarter-over-quarter from $16.8 million in Q2 2023.
It Tech Packaging (ITP) Long-Term Deferred Tax (2012 - 2023) Analysis & Trends
It Tech Packaging (ITP) has reported Long-Term Deferred Tax for 12 consecutive years, with $17.2 million the latest figure, recorded in Q3 2023.
- In Q3 2023, Long-Term Deferred Tax rose 53.44% year-over-year to $17.2 million; the TTM figure through Sep 2023 stood at $17.2 million (up 53.44% YoY), while the FY2022 annual figure was $17.1 million, up 51.75% from the prior year.
- Long-Term Deferred Tax advanced to $17.2 million in Q3 2023 per ITP's latest filing, from $16.8 million in the prior quarter.
- Across five years, Long-Term Deferred Tax topped out at $17.3 million in Q1 2023 and bottomed at $9.1 million in Q1 2019.
- Historically, Long-Term Deferred Tax has averaged $13.2 million across 5 years, with a median of $12.4 million in 2020.
- On a YoY basis, Long-Term Deferred Tax climbed as much as 63.75% in 2022 and fell as far as 27.79% in 2022.
- It Tech Packaging's Long-Term Deferred Tax stood at $10.5 million in 2019, then jumped by 30.74% to $13.7 million in 2020, then declined by 17.8% to $11.3 million in 2021, then soared by 51.75% to $17.1 million in 2022, then climbed by 0.85% to $17.2 million in 2023.
- Business Quant data shows ITP's Long-Term Deferred Tax at $17.2 million in Q3 2023, $16.8 million in Q2 2023, and $17.3 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Suzano | 10.85 Bn | 5.66 Bn | 558.88 Mn |
| 2 | Sylvamo | 1.47 Bn | 1.28 Bn | 132.00 Mn |
| 3 | Clearwater Paper | 349.45 Mn | 254.05 Mn | -10.40 Mn |
| 4 | Mercer International | 28.48 Mn | -55.29 Mn | 10.48 Mn |
| 5 | It Tech Packaging | 2.43 Mn | -7.34 Mn | 2.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 17.25 Mn |
| Jun 30, 2023 | 16.81 Mn |
| Mar 31, 2023 | 17.33 Mn |
| Dec 31, 2022 | 17.10 Mn |
| Sep 30, 2022 | 11.24 Mn |
| Jun 30, 2022 | 16.50 Mn |
| Mar 31, 2022 | 16.67 Mn |
| Dec 31, 2021 | 11.27 Mn |
| Sep 30, 2021 | 15.56 Mn |
| Jun 30, 2021 | 10.08 Mn |
| Mar 31, 2021 | 14.19 Mn |
| Dec 31, 2020 | 13.71 Mn |
| Sep 30, 2020 | 12.37 Mn |
| Jun 30, 2020 | 11.35 Mn |
| Mar 31, 2020 | 10.86 Mn |
| Dec 31, 2019 | 10.49 Mn |
| Sep 30, 2019 | 9.83 Mn |
| Jun 30, 2019 | 9.50 Mn |
| Mar 31, 2019 | 9.08 Mn |
| Dec 31, 2018 | 8.28 Mn |