Incannex Healthcare (IXHL) Long-Term Deferred Tax (2020 - 2023)

Incannex Healthcare (IXHL) posted quarterly Long-Term Deferred Tax of $4.0 million for Q2 2023, up 18.82% year-on-year from $3.4 million in Q2 2022, and up 18.82% on a QoQ basis from $3.4 million in Q2 2022.

Incannex Healthcare (IXHL) Long-Term Deferred Tax (2020 - 2023) Analysis & Trends

Incannex Healthcare (IXHL) has reported Long-Term Deferred Tax for 4 consecutive years, with $4.0 million the latest figure, recorded in Q2 2023.

  • Quarterly Long-Term Deferred Tax rose 18.82% year-over-year to $4.0 million in Q2 2023, while the trailing twelve-month figure through Jun 2023 was $4.0 million (up 18.82% YoY) and the FY2023 annual result came in at $4.0 million, up 18.82% from the prior year.
  • Long-Term Deferred Tax climbed to $4.0 million in Q2 2023 per IXHL's latest filing, from $3.4 million in the prior quarter.
  • Over the last five years, Long-Term Deferred Tax for IXHL reached as high as $4.0 million in Q2 2023 and fell as low as $1.1 million in Q2 2020.
  • A 4-year average of $2.6 million and a median of $2.6 million in 2021 frame the typical range for Long-Term Deferred Tax.
  • Annual changes were most pronounced in 2022 — Long-Term Deferred Tax jumped 90.2% — and 2023, when it climbed 18.82%.
  • Year by year, Long-Term Deferred Tax stood at $1.1 million in 2020, then jumped by 55.31% to $1.8 million in 2021, then soared by 90.2% to $3.4 million in 2022, then gained by 18.82% to $4.0 million in 2023.
  • According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $4.0 million, $3.4 million, and $1.8 million for Q2 2023, Q2 2022, and Q2 2021 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Haleon 87.22 Bn 85.35 Bn -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn
10 Incannex Healthcare 3.63 Mn 3.63 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2023 3.99 Mn
Jun 30, 2022 3.36 Mn
Jun 30, 2021 1.76 Mn
Jun 30, 2020 1.14 Mn