Magnite (MGNI) Non-Current Deferred Tax Liability (2014 - 2024)
Magnite (MGNI) posted quarterly Non-Current Deferred Tax Liability of $287000.0 for Q2 2024, down 94.67% year-over-year from $5.4 million in Q3 2023, and little changed quarter-over-quarter from $288000.0 in Q1 2024.
Magnite (MGNI) Non-Current Deferred Tax Liability (2014 - 2024) Analysis & Trends
Magnite's Non-Current Deferred Tax Liability history runs 10 years deep, the most recent figure standing at $287000.0 for Q2 2024.
- In Q2 2024, Non-Current Deferred Tax Liability fell 94.67% year-over-year to $287000.0; the TTM figure through Jun 2024 stood at $287000.0 (down 94.67% YoY), while the FY2023 annual figure was $680000.0, down 86.59% from the prior year.
- Non-Current Deferred Tax Liability for Q2 2024 stood at $287000.0, roughly flat from $288000.0 in the prior quarter.
- The five-year high for Non-Current Deferred Tax Liability was $119.1 million in Q4 2021, with the low at $199000.0 in Q4 2020.
- The 5-year median for Non-Current Deferred Tax Liability is $5.1 million (2022), against an average of $14.2 million.
- The sharpest annual moves came in 2021 and 2022: Non-Current Deferred Tax Liability soared 59748.74% in 2021, then slumped 95.74% in 2022.
- Magnite's Non-Current Deferred Tax Liability stood at $199000.0 in 2020, then jumped by 59748.74% to $119.1 million in 2021, then plunged by 95.74% to $5.1 million in 2022, then plunged by 86.59% to $680000.0 in 2023, then sank by 57.79% to $287000.0 in 2024.
- Business Quant data shows MGNI's Non-Current Deferred Tax Liability at $287000.0 in Q2 2024, $288000.0 in Q1 2024, and $680000.0 in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | AppLovin | 102.68 Bn | 99.62 Bn | 1.70 Bn |
| 2 | Omnicom | 24.63 Bn | 21.29 Bn | 1.30 Bn |
| 3 | Trade Desk | 6.18 Bn | 4.69 Bn | 530.72 Mn |
| 4 | Wpp | 5.69 Bn | 2.52 Bn | - |
| 5 | Magnite | 3.36 Bn | 3.03 Bn | 130.79 Mn |
| 6 | Stagwell | 2.15 Bn | 2.04 Bn | 269.24 Mn |
| 7 | DoubleVerify Holdings | 2.05 Bn | 1.84 Bn | 161.31 Mn |
| 8 | Ziff Davis | 2.04 Bn | 435.42 Mn | 241.03 Mn |
| 9 | Clear Channel Outdoor Holdings | 1.21 Bn | 1.02 Bn | 241.86 Mn |
| 10 | Quinstreet | 1.18 Bn | 1.08 Bn | 41.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 287,000.00 |
| Jun 30, 2024 | 287,000.00 |
| Mar 31, 2024 | 288,000.00 |
| Mar 31, 2024 | 288,000.00 |
| Dec 31, 2023 | 680,000.00 |
| Dec 31, 2023 | 680,000.00 |
| Sep 30, 2023 | 4.40 Mn |
| Sep 30, 2023 | 4.40 Mn |
| Jun 30, 2023 | 5.38 Mn |
| Jun 30, 2023 | 5.38 Mn |
| Mar 31, 2023 | 4.71 Mn |
| Mar 31, 2023 | 4.71 Mn |
| Dec 31, 2022 | 5.07 Mn |
| Dec 31, 2022 | 5.07 Mn |
| Sep 30, 2022 | 11.51 Mn |
| Sep 30, 2022 | 11.51 Mn |
| Jun 30, 2022 | 11.51 Mn |
| Jun 30, 2022 | 11.51 Mn |
| Mar 31, 2022 | 11.51 Mn |
| Mar 31, 2022 | 11.51 Mn |