Newegg Commerce (NEGG) Non-Current Deferred Tax Liability (2020 - 2022)
Newegg Commerce (NEGG) posted Non-Current Deferred Tax Liability of $21.2 million for Q4 2022, down 19.12% sequentially from $26.2 million in Q4 2021, and down 19.12% YoY from $26.2 million in Q4 2021.
Analysis
Newegg Commerce (NEGG) Non-Current Deferred Tax Liability (2020 - 2022) Analysis & Trends
Newegg Commerce has reported Non-Current Deferred Tax Liability for 3 years, with the latest figure at $21.2 million in Q4 2022.
- Quarterly Non-Current Deferred Tax Liability fell 19.12% year-over-year to $21.2 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $21.2 million (down 19.12% YoY) and the FY2022 annual result came in at $21.2 million, down 19.12% from the prior year.
- Non-Current Deferred Tax Liability fell to $21.2 million in Q4 2022 per NEGG's latest filing, from $26.2 million in the prior quarter.
- Over five years, Non-Current Deferred Tax Liability peaked at $26.2 million in Q4 2021 and troughed at $12.5 million in Q4 2020.
- A 3-year average of $19.9 million and a median of $21.2 million in 2022 frame the typical range for Non-Current Deferred Tax Liability.
- The sharpest annual moves came in 2021 and 2022: Non-Current Deferred Tax Liability jumped 109.27% in 2021, then dropped 19.12% in 2022.
- Over 3 years, Non-Current Deferred Tax Liability stood at $12.5 million in 2020, then surged by 109.27% to $26.2 million in 2021, then decreased by 19.12% to $21.2 million in 2022.
- According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $21.2 million, $26.2 million, and $12.5 million for Q4 2022, Q4 2021, and Q4 2020 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,742.86 Bn | 2,619.88 Bn | 198.88 Bn |
| 2 | PDD Holdings | 116.24 Bn | -48,010.17 Bn | 9.45 Bn |
| 3 | Mercadolibre | 99.45 Bn | 84.25 Bn | 4.16 Bn |
| 4 | DoorDash | 98.02 Bn | 92.67 Bn | 2.35 Bn |
| 5 | Sea | 67.10 Bn | 58.70 Bn | 3.55 Bn |
| 6 | Ebay | 46.73 Bn | 43.42 Bn | 2.30 Bn |
| 7 | JD.com | 39.68 Bn | 7.13 Bn | 16.50 Bn |
| 8 | Coupang | 28.45 Bn | 22.34 Bn | 2.49 Bn |
| 9 | Wayfair | 12.37 Bn | 11.23 Bn | 1.05 Bn |
| 10 | Newegg Commerce | 2.70 Mn | -80.39 Mn | 39.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 21.15 Mn |
| Dec 31, 2022 | 21.15 Mn |
| Dec 31, 2021 | 26.15 Mn |
| Dec 31, 2021 | 26.15 Mn |
| Dec 31, 2020 | 12.50 Mn |
| Dec 31, 2020 | 12.50 Mn |