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
DateValue
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