Methode Electronics (MEI) Current Deferred Tax Assets (2011 - 2016)
Methode Electronics' Current Deferred Tax Assets was $11.8 million in fiscal Q4 2016 (quarter ended Apr 30, 2016), down 21.3% from $15 million a year earlier and down 23.9% from the prior quarter.
Methode Electronics (MEI) Current Deferred Tax Assets (2011 - 2016) Analysis & Trends
From fiscal Q4 2011 onward, Methode Electronics has reported Current Deferred Tax Assets for 21 quarters.
- Current Deferred Tax Assets shows a five-year compound annual growth rate of 25.6% (FY2011 to FY2016).
- In earlier fiscal years, Current Deferred Tax Assets was $15 million in FY2015 (+72.4%), $8.7 million in FY2014 (+163.6%), $3.3 million in FY2013 (-6.5%) and $3.53 million in FY2012 (-6.6%).
- The fiscal Q4 2016 figure marks the lowest quarterly Current Deferred Tax Assets since fiscal Q3 2015.
- Compared with a year earlier, Current Deferred Tax Assets was higher in seven of the last eight quarters, with growth averaging 89.5%.
- The best year-over-year quarter for Current Deferred Tax Assets over five years was fiscal Q3 2016 (growth of 167.2%); the worst was fiscal Q4 2016 (a decline of 21.3%).
- Per Business Quant data, MEI's Current Deferred Tax Assets in the three fiscal quarters before Q4 2016 was $15.5 million (Q3 2016), $13.9 million (Q2 2016) and $14.8 million (Q1 2016).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn |
| 10 | Methode Electronics | 491.19 Mn | -16.81 Mn | 47.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2016 | 11.80 Mn |
| Jan 30, 2016 | 15.50 Mn |
| Oct 31, 2015 | 13.90 Mn |
| Aug 1, 2015 | 14.80 Mn |
| May 2, 2015 | 15.00 Mn |
| Jan 31, 2015 | 5.80 Mn |
| Nov 1, 2014 | 6.00 Mn |
| Aug 2, 2014 | 6.10 Mn |
| May 3, 2014 | 8.70 Mn |
| Feb 1, 2014 | 3.42 Mn |
| Oct 26, 2013 | 3.48 Mn |
| Jul 27, 2013 | 3.37 Mn |
| Apr 27, 2013 | 3.30 Mn |
| Jan 26, 2013 | 3.57 Mn |
| Oct 27, 2012 | 3.47 Mn |
| Jul 28, 2012 | 3.34 Mn |
| Apr 28, 2012 | 3.53 Mn |
| Jan 28, 2012 | 3.58 Mn |
| Oct 29, 2011 | 3.73 Mn |
| Jul 30, 2011 | 3.74 Mn |
Methode Electronics Current Deferred Tax Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-tax-assets&ticker=MEI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-tax-assets", "ticker": "MEI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-tax-assets&ticker=MEI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();