M (MHO) Current Deferred Tax Assets (2013 - 2020)
M's Current Deferred Tax Assets was $9.54 million in Q1 2020, down 27.4% from $13.15 million a year earlier and down 0.9% from the prior quarter.
M (MHO) Current Deferred Tax Assets (2013 - 2020) Analysis & Trends
At the end of FY2019, Current Deferred Tax Assets at M came in at $9.63 million, down 28.6% from FY2018.
- Current Deferred Tax Assets has now declined for six consecutive years, with a five-year compound annual growth rate of -36.7% (FY2014 to FY2019).
- In earlier years, Current Deferred Tax Assets was $13.48 million in FY2018 (-26.9%), $18.44 million in FY2017 (-40.3%), $30.88 million in FY2016 (-54.2%) and $67.4 million in FY2015 (-28.6%).
- The Q1 2020 figure marks the lowest quarterly Current Deferred Tax Assets in data going back to Q3 2013.
- Compared with a year earlier, Current Deferred Tax Assets has declined for 23 straight quarters, with an average decline of 31.5% over the last eight quarters.
- Over the past five years, the year-over-year decline in Current Deferred Tax Assets ranged from 26.0% (Q3 2017) to 54.2% (Q4 2016).
- Per Business Quant data, MHO's Current Deferred Tax Assets in the three quarters before Q1 2020 was $9.63 million (Q4 2019), $11.99 million (Q3 2019) and $12.59 million (Q2 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Horton D R | 38.33 Bn | 29.22 Bn | 2.15 Bn |
| 2 | Pultegroup | 21.75 Bn | 15.04 Bn | 1.06 Bn |
| 3 | Lennar | 17.19 Bn | 6.61 Bn | 807.31 Mn |
| 4 | Nvr | 16.44 Bn | 9.72 Bn | 485.14 Mn |
| 5 | Toll Brothers | 12.42 Bn | 7.81 Bn | 625.22 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn |
| 7 | Champion Homes | 4.74 Bn | 2.22 Bn | - |
| 8 | Cavco Industries | 4.34 Bn | 3.09 Bn | - |
| 9 | Meritage Homes | 4.10 Bn | 1.02 Bn | 513.60 Mn |
| 10 | M | 3.42 Bn | 491.29 Mn | 235.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2020 | 9.54 Mn |
| Dec 31, 2019 | 9.63 Mn |
| Sep 30, 2019 | 11.99 Mn |
| Jun 30, 2019 | 12.59 Mn |
| Mar 31, 2019 | 13.15 Mn |
| Dec 31, 2018 | 13.48 Mn |
| Sep 30, 2018 | 16.93 Mn |
| Jun 30, 2018 | 17.53 Mn |
| Mar 31, 2018 | 18.10 Mn |
| Dec 31, 2017 | 18.44 Mn |
| Sep 30, 2017 | 29.57 Mn |
| Jun 30, 2017 | 30.08 Mn |
| Mar 31, 2017 | 30.45 Mn |
| Dec 31, 2016 | 30.88 Mn |
| Sep 30, 2016 | 39.94 Mn |
| Jun 30, 2016 | 47.02 Mn |
| Mar 31, 2016 | 55.86 Mn |
| Dec 31, 2015 | 67.40 Mn |
| Sep 30, 2015 | 70.94 Mn |
| Jun 30, 2015 | 81.05 Mn |
M 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=MHO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-tax-assets", "ticker": "MHO", "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=MHO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();