Magnite (MGNI) Non-Current Deferred Tax Liability (2014 - 2024)
Magnite (MGNI) recorded quarterly Non-Current Deferred Tax Liability of $287000.0 in Q2 2024, little changed quarter-over-quarter from $288000.0 in Q1 2024, and down 94.67% on a YoY basis from $5.4 million in Q3 2023.
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 was $287000.0 for Q2 2024 at Magnite, roughly flat from $288000.0 in the prior quarter.
- In the past five years, Non-Current Deferred Tax Liability ranged from a high of $119.1 million in Q4 2021 to a low of $230000.0 in Q1 2021.
- Historically, Non-Current Deferred Tax Liability has averaged $16.0 million across 5 years, with a median of $5.4 million in 2023.
- Biggest YoY gain for Non-Current Deferred Tax Liability was 4903.91% in 2022; the steepest drop was 95.74% in 2022.
- A 5-year view of Non-Current Deferred Tax Liability shows it stood at $27.7 million in 2020, then soared by 330.1% to $119.1 million in 2021, then sank by 95.74% to $5.1 million in 2022, then sank by 86.59% to $680000.0 in 2023, then slumped by 57.79% to $287000.0 in 2024.
- The last three Non-Current Deferred Tax Liability figures came in at $287000.0 (Q2 2024), $288000.0 (Q1 2024), and $680000.0 (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | AppLovin | 175.91 Bn | 173.15 Bn | 1.78 Bn |
| 2 | Omnicom | 22.52 Bn | 18.86 Bn | 1.04 Bn |
| 3 | Trade Desk | 9.46 Bn | 8.05 Bn | 506.89 Mn |
| 4 | Wpp | 2.71 Bn | -875.81 Mn | - |
| 5 | Nexxen International | 2.36 Bn | 2.23 Bn | 70.41 Mn |
| 6 | Magnite | 2.27 Bn | 2.09 Bn | 118.28 Mn |
| 7 | Ziff Davis | 1.74 Bn | 1.22 Bn | 152.41 Mn |
| 8 | DoubleVerify Holdings | 1.69 Bn | 1.51 Bn | 135.23 Mn |
| 9 | Stagwell | 1.60 Bn | 1.51 Bn | 244.61 Mn |
| 10 | Clear Channel Outdoor Holdings | 1.19 Bn | 1.02 Bn | 193.76 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 |