Corvex (MOVE) Long-Term Deferred Tax (2020 - 2023)

Corvex's (MOVE) quarterly Long-Term Deferred Tax came in at $13.4 million in Q4 2023, down 16.87% YoY from $16.1 million in Q4 2022, and down 16.87% on a QoQ basis from $16.1 million in Q4 2022.

Corvex (MOVE) Long-Term Deferred Tax (2020 - 2023) Analysis & Trends

Corvex (MOVE) has 4 years of Long-Term Deferred Tax data on file, last reported at $13.4 million in Q4 2023.

  • Quarterly Long-Term Deferred Tax fell 16.87% year-over-year to $13.4 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $13.4 million (down 16.87% YoY) and the FY2023 annual result came in at $13.4 million, down 16.87% from the prior year.
  • Long-Term Deferred Tax retreated to $13.4 million in Q4 2023, from $16.1 million in the prior quarter.
  • In the past five years, Long-Term Deferred Tax ranged from a high of $16.1 million in Q4 2022 to a low of $5.0 million in Q4 2020.
  • A 4-year average of $10.9 million and a median of $11.2 million in 2021 frame the typical range for Long-Term Deferred Tax.
  • Annual changes were most pronounced in 2021 — Long-Term Deferred Tax surged 80.91% — and 2023, when it slipped 16.87%.
  • Tracing MOVE's Long-Term Deferred Tax over 4 years: stood at $5.0 million in 2020, then surged by 80.91% to $9.0 million in 2021, then jumped by 78.48% to $16.1 million in 2022, then fell by 16.87% to $13.4 million in 2023.
  • The last three Long-Term Deferred Tax figures came in at $13.4 million (Q4 2023), $16.1 million (Q4 2022), and $9.0 million (Q4 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 3,679.34 Bn 3,546.58 Bn 60.48 Bn
2 Oracle 433.50 Bn 402.15 Bn -
3 Palantir Technologies 418.20 Bn 408.90 Bn 1.64 Bn
4 Palo Alto Networks 312.41 Bn 309.30 Bn 2.03 Bn
5 Fortinet 117.38 Bn 113.31 Bn 1.64 Bn
6 Cloudflare 101.74 Bn 97.57 Bn 499.52 Mn
7 Synopsys 80.70 Bn 78.49 Bn 1.77 Bn
8 CoreWeave 58.00 Bn 52.46 Bn 1.70 Bn
9 Block 49.79 Bn 43.33 Bn 3.17 Bn
10 Corvex 22.52 Mn -6.81 Mn 263,000.00

Historic Data

Download Data
DateValue
Dec 31, 2023 13.40 Mn
Dec 31, 2022 16.12 Mn
Dec 31, 2021 9.03 Mn
Dec 31, 2020 4.99 Mn