Lichen International (LICN) Long-Term Deferred Tax (2021 - 2024)
Lichen International (LICN) posted quarterly Long-Term Deferred Tax of $527000.0 for Q2 2024, down 42.53% year-over-year from $917000.0 in Q3 2023, and down 42.53% quarter-over-quarter from $917000.0 in Q2 2023.
Lichen International (LICN) Long-Term Deferred Tax (2021 - 2024) Analysis & Trends
Lichen International (LICN) has reported Long-Term Deferred Tax for 4 consecutive years, with $527000.0 the latest figure, recorded in Q2 2024.
- In Q2 2024, Long-Term Deferred Tax fell 42.53% year-over-year to $527000.0; the TTM figure through Jun 2024 stood at $527000.0 (down 42.53% YoY), while the FY2022 annual figure was $1.1 million, down 21.79% from the prior year.
- Long-Term Deferred Tax slipped to $527000.0 in Q2 2024 per LICN's latest filing, from $917000.0 in the prior quarter.
- Across five years, Long-Term Deferred Tax topped out at $1.4 million in Q4 2021 and bottomed at $527000.0 in Q2 2024.
- Historically, Long-Term Deferred Tax has averaged $984750.0 across 4 years, with a median of $1.0 million in 2022.
- Annual changes were most pronounced in 2022 — Long-Term Deferred Tax slipped 21.79% — and 2024, when it slumped 42.53%.
- Lichen International's Long-Term Deferred Tax stood at $1.4 million in 2021, then retreated by 21.79% to $1.1 million in 2022, then retreated by 16.26% to $917000.0 in 2023, then slumped by 42.53% to $527000.0 in 2024.
- Business Quant data shows LICN's Long-Term Deferred Tax at $527000.0 in Q2 2024, $917000.0 in Q2 2023, and $1.1 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cintas | 81.84 Bn | 81.56 Bn | 1.48 Bn |
| 2 | Relx | 65.92 Bn | 65.74 Bn | - |
| 3 | Copart | 31.68 Bn | 28.33 Bn | 732.88 Mn |
| 4 | Global Payments | 25.34 Bn | 19.93 Bn | 2.03 Bn |
| 5 | Rb Global | 16.15 Bn | 15.62 Bn | 935.50 Mn |
| 6 | Aramark | 15.72 Bn | 15.22 Bn | 430.34 Mn |
| 7 | UL Solutions | 15.16 Bn | 14.72 Bn | 417.00 Mn |
| 8 | Rentokil Initial | 11.92 Bn | 9.40 Bn | - |
| 9 | Dolby Laboratories | 6.14 Bn | 5.47 Bn | 264.68 Mn |
| 10 | Lichen International | 6.52 Mn | -20.39 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 527,000.00 |
| Jun 30, 2023 | 917,000.00 |
| Dec 31, 2022 | 1.10 Mn |
| Dec 31, 2021 | 1.40 Mn |