Marimed (MRMD) Long-Term Deferred Tax (2018 - 2020)
Marimed (MRMD) posted quarterly Long-Term Deferred Tax of $7.6 million for Q4 2020, down 88.95% year-over-year from $68.9 million in Q1 2020, and down 88.95% quarter-over-quarter from $68.9 million in Q4 2019.
Marimed (MRMD) Long-Term Deferred Tax (2018 - 2020) Analysis & Trends
Marimed (MRMD) has reported Long-Term Deferred Tax for 3 consecutive years, with $7.6 million the latest figure, recorded in Q4 2020.
- In Q4 2020, Long-Term Deferred Tax fell 88.95% year-over-year to $7.6 million; the TTM figure through Dec 2020 stood at $7.6 million (down 88.95% YoY), while the FY2020 annual figure was $7.6 million, down 88.95% from the prior year.
- Long-Term Deferred Tax eased to $7.6 million in Q4 2020 per MRMD's latest filing, from $68.9 million in the prior quarter.
- Across five years, Long-Term Deferred Tax topped out at $68.9 million in Q4 2019 and bottomed at $7.6 million in Q4 2020.
- Historically, Long-Term Deferred Tax has averaged $29.4 million across 3 years, with a median of $11.6 million in 2018.
- Annual changes were most pronounced in 2019 — Long-Term Deferred Tax soared 495.93% — and 2020, when it slumped 88.95%.
- Marimed's Long-Term Deferred Tax stood at $11.6 million in 2018, then jumped by 495.93% to $68.9 million in 2019, then plunged by 88.95% to $7.6 million in 2020.
- Business Quant data shows MRMD's Long-Term Deferred Tax at $7.6 million in Q4 2020, $68.9 million in Q4 2019, and $11.6 million in Q4 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Haleon | 43.91 Bn | 42.95 Bn | - |
| 2 | Teva Pharmaceutical Industries | 42.98 Bn | 39.32 Bn | 2.15 Bn |
| 3 | Zoetis | 31.53 Bn | 29.86 Bn | 1.05 Bn |
| 4 | Takeda Pharmaceutical | 28.61 Bn | 22.81 Bn | 5.10 Bn |
| 5 | United Therapeutics | 22.16 Bn | 19.49 Bn | 683.80 Mn |
| 6 | Viatris | 18.74 Bn | 17.85 Bn | 1.46 Bn |
| 7 | Neurocrine Biosciences | 15.51 Bn | 15.12 Bn | 935.80 Mn |
| 8 | Elanco Animal Health | 11.76 Bn | 11.23 Bn | 798.00 Mn |
| 9 | Dr Reddys Laboratories | 10.12 Bn | 9.95 Bn | - |
| 10 | Marimed | 27.77 Mn | 19.33 Mn | 16.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | 7.61 Mn |
| Dec 31, 2019 | 68.89 Mn |
| Dec 31, 2018 | 11.56 Mn |