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 has reported Long-Term Deferred Tax for 5 years, with the latest figure 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.
- Over five years, Long-Term Deferred Tax peaked at $75.3 million in Q4 2024 and troughed at -$1.6 million in Q4 2020.
- A 5-year average of $41.6 million and a median of $47.4 million in 2022 frame the typical range for Long-Term Deferred Tax.
- The sharpest annual moves came in 2021 and 2024: Long-Term Deferred Tax surged 1505.3% in 2021, then gained 17.08% in 2024.
- Over 5 years, Long-Term Deferred Tax stood at -$1.6 million in 2020, then soared by 1505.3% to $22.4 million in 2021, then jumped by 112.09% to $47.4 million in 2022, then jumped by 35.59% to $64.3 million in 2023, then gained by 17.08% to $75.3 million in 2024.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $75.3 million, $64.3 million, and $47.4 million for Q4 2024, Q4 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Newmont | 140.45 Bn | 131.44 Bn | 4.03 Bn |
| 2 | Agnico Eagle Mines | 108.80 Bn | 105.34 Bn | 2.43 Bn |
| 3 | Barrick Mining | 79.45 Bn | 73.52 Bn | 2.90 Bn |
| 4 | Wheaton Precious Metals | 71.58 Bn | 71.48 Bn | 687.86 Mn |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - |
| 7 | Pan American Silver | 22.35 Bn | 20.78 Bn | 457,000.00 |
| 8 | Royal Gold | 21.96 Bn | 21.77 Bn | 390.45 Mn |
| 9 | Coeur Mining | 21.68 Bn | 20.62 Bn | 535.85 Mn |
| 10 | New Found Gold | 590.62 Mn | 448.16 Mn | 1.39 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 |