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| Date | Value |
|---|---|
| Dec 31, 2023 | 13.40 Mn |
| Dec 31, 2022 | 16.12 Mn |
| Dec 31, 2021 | 9.03 Mn |
| Dec 31, 2020 | 4.99 Mn |