New Found Gold (NFGC) Long-Term Deferred Tax (2020 - 2024)
New Found Gold (NFGC) posted Long-Term Deferred Tax of $75.3 million for Q4 2024, up 17.08% sequentially from $64.3 million in Q4 2023, and up 17.08% YoY from $64.3 million in Q1 2024.
New Found Gold (NFGC) Long-Term Deferred Tax (2020 - 2024) Analysis & Trends
New Found Gold (NFGC) has 5 years of Long-Term Deferred Tax data on file, last reported at $75.3 million in Q4 2024.
- Quarterly Long-Term Deferred Tax rose 17.08% year-over-year to $75.3 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $75.3 million (up 17.08% YoY) and the FY2024 annual result came in at $76.8 million, up 18.39% from the prior year.
- Long-Term Deferred Tax improved to $75.3 million in Q4 2024 per NFGC's latest filing, from $64.3 million in the prior quarter.
- The five-year high for Long-Term Deferred Tax was $75.3 million in Q4 2024, with the low at -$1.6 million in Q4 2020.
- Average Long-Term Deferred Tax over 5 years is $41.6 million, with a median of $47.4 million recorded in 2022.
- Year-over-year, Long-Term Deferred Tax jumped 1505.3% in 2021 and climbed 17.08% in 2024.
- New Found Gold's Long-Term Deferred Tax stood at -$1.6 million in 2020, then jumped by 1505.3% to $22.4 million in 2021, then surged by 112.09% to $47.4 million in 2022, then surged by 35.59% to $64.3 million in 2023, then advanced by 17.08% to $75.3 million in 2024.
- Business Quant data shows NFGC's Long-Term Deferred Tax at $75.3 million in Q4 2024, $64.3 million in Q4 2023, and $47.4 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn |
| 10 | New Found Gold | - | - | 1.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 75.31 Mn |
| Dec 31, 2023 | 64.32 Mn |
| Dec 31, 2022 | 47.44 Mn |
| Dec 31, 2021 | 22.37 Mn |
| Dec 31, 2020 | -1.59 Mn |