Lantronix (LTRX) Long-Term Deferred Tax (2011 - 2023)
Lantronix (LTRX) posted Long-Term Deferred Tax of $43.3 million for Q2 2023, down 38.51% sequentially from $70.5 million in Q2 2022, and down 38.51% YoY from $70.5 million in Q2 2022.
Lantronix (LTRX) Long-Term Deferred Tax (2011 - 2023) Analysis & Trends
Lantronix has reported Long-Term Deferred Tax for 11 years, with the latest figure at $43.3 million in Q2 2023.
- Quarterly Long-Term Deferred Tax fell 38.51% year-over-year to $43.3 million in Q2 2023, while the trailing twelve-month figure through Jun 2023 was $43.3 million (down 38.51% YoY) and the FY2023 annual result came in at $43.3 million, down 38.51% from the prior year.
- Long-Term Deferred Tax slipped to $43.3 million in Q2 2023 per LTRX's latest filing, from $70.5 million in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $91.0 million in Q2 2019 and troughed at $43.3 million in Q2 2023.
- A 3-year average of $68.3 million and a median of $70.5 million in 2022 frame the typical range for Long-Term Deferred Tax.
- The sharpest annual moves came in 2019 and 2023: Long-Term Deferred Tax grew 1.37% in 2019, then slumped 38.51% in 2023.
- Over 3 years, Long-Term Deferred Tax stood at $91.0 million in 2019, then retreated by 22.56% to $70.5 million in 2022, then slumped by 38.51% to $43.3 million in 2023.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $43.3 million, $70.5 million, and $91.0 million for Q2 2023, Q2 2022, and Q2 2019 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cisco Systems | 440.02 Bn | 423.38 Bn | 10.08 Bn |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn |
| 10 | Lantronix | 257.62 Mn | 234.10 Mn | 13.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 43.32 Mn |
| Jun 30, 2022 | 70.46 Mn |
| Jun 30, 2019 | 90.98 Mn |
| Jun 30, 2018 | 89.76 Mn |
| Jun 30, 2017 | 88.46 Mn |
| Jun 30, 2016 | 88.39 Mn |
| Sep 30, 2015 | 442,000.00 |
| Jun 30, 2015 | 442,000.00 |
| Mar 31, 2015 | 400,000.00 |
| Dec 31, 2014 | 400,000.00 |
| Sep 30, 2014 | 400,000.00 |
| Jun 30, 2014 | 400,000.00 |
| Mar 31, 2014 | 476,000.00 |
| Dec 31, 2013 | 476,000.00 |
| Sep 30, 2013 | 476,000.00 |
| Jun 30, 2013 | 476,000.00 |
| Jun 30, 2012 | 1.58 Mn |
| Jun 30, 2011 | 1.80 Mn |