Myriad Genetics (MYGN) Non-Current Deferred Tax Liability (2014 - 2023)
Myriad Genetics (MYGN) posted quarterly Non-Current Deferred Tax Liability of $2.7 million for Q3 2023, down 74.29% year-over-year from $10.5 million in Q3 2022, and down 27.03% quarter-over-quarter from $3.7 million in Q2 2023.
Myriad Genetics (MYGN) Non-Current Deferred Tax Liability (2014 - 2023) Analysis & Trends
Myriad Genetics (MYGN) has reported Non-Current Deferred Tax Liability for 10 consecutive years, with $2.7 million the latest figure, recorded in Q3 2023.
- In Q3 2023, Non-Current Deferred Tax Liability fell 74.29% year-over-year to $2.7 million; the TTM figure through Sep 2023 stood at $2.7 million (down 74.29% YoY), while the FY2022 annual figure was $3.5 million, down 90.22% from the prior year.
- Non-Current Deferred Tax Liability eased to $2.7 million in Q3 2023 per MYGN's latest filing, from $3.7 million in the prior quarter.
- Across five years, Non-Current Deferred Tax Liability topped out at $174.3 million in Q4 2020 and bottomed at $2.7 million in Q3 2023.
- Historically, Non-Current Deferred Tax Liability has averaged $47.8 million across 5 years, with a median of $40.7 million in 2021.
- Annual changes were most pronounced in 2020 — Non-Current Deferred Tax Liability surged 130.86% — and 2022, when it tumbled 90.22%.
- Myriad Genetics' Non-Current Deferred Tax Liability stood at $75.5 million in 2019, then soared by 130.86% to $174.3 million in 2020, then slumped by 79.46% to $35.8 million in 2021, then sank by 90.22% to $3.5 million in 2022, then slipped by 22.86% to $2.7 million in 2023.
- Business Quant data shows MYGN's Non-Current Deferred Tax Liability at $2.7 million in Q3 2023, $3.7 million in Q2 2023, and $4.1 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.88 Bn | 209.81 Bn | 8.34 Bn |
| 2 | Danaher | 140.65 Bn | 136.30 Bn | 3.61 Bn |
| 3 | Idexx Laboratories | 46.02 Bn | 45.83 Bn | 779.09 Mn |
| 4 | Agilent Technologies | 39.85 Bn | 38.05 Bn | 990.00 Mn |
| 5 | Iqvia Holdings | 39.20 Bn | 37.12 Bn | 1.44 Bn |
| 6 | Natera | 38.80 Bn | 37.70 Bn | 696.04 Mn |
| 7 | Illumina | 30.11 Bn | 28.94 Bn | 770.00 Mn |
| 8 | Mettler Toledo International | 28.66 Bn | 28.61 Bn | 650.22 Mn |
| 9 | Quest Diagnostics | 26.24 Bn | 25.61 Bn | 1.03 Bn |
| 10 | Myriad Genetics | 297.97 Mn | 173.57 Mn | 137.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 2.70 Mn |
| Sep 30, 2023 | 2.70 Mn |
| Jun 30, 2023 | 3.70 Mn |
| Jun 30, 2023 | 3.70 Mn |
| Mar 31, 2023 | 4.10 Mn |
| Mar 31, 2023 | 4.10 Mn |
| Dec 31, 2022 | 3.50 Mn |
| Dec 31, 2022 | 3.50 Mn |
| Sep 30, 2022 | 10.50 Mn |
| Sep 30, 2022 | 10.50 Mn |
| Jun 30, 2022 | 23.30 Mn |
| Jun 30, 2022 | 23.30 Mn |
| Mar 31, 2022 | 29.90 Mn |
| Mar 31, 2022 | 29.90 Mn |
| Dec 31, 2021 | 35.80 Mn |
| Dec 31, 2021 | 35.80 Mn |
| Sep 30, 2021 | 40.70 Mn |
| Sep 30, 2021 | 40.70 Mn |
| Jun 30, 2021 | 58.20 Mn |
| Jun 30, 2021 | 58.20 Mn |