Novartis Ag (NVS) Deferred Taxes (2009 - 2019)
Novartis Ag (NVS) posted Deferred Taxes of -$5.6 billion for Q2 2019, down 172.71% sequentially from $7.7 billion in Q2 2018, and down 172.71% YoY from $7.7 billion in Q2 2018.
Novartis Ag (NVS) Deferred Taxes (2009 - 2019) Analysis & Trends
Novartis Ag (NVS) has 4 years of Deferred Taxes data on file, last reported at -$5.6 billion in Q2 2019.
- Quarterly Deferred Taxes fell 172.71% year-over-year to -$5.6 billion in Q2 2019, while the trailing twelve-month figure through Jun 2019 was $3.0 billion (down 64.85% YoY) and the FY2017 annual result came in at $7.7 billion, up 15.0% from the prior year.
- Deferred Taxes declined to -$5.6 billion in Q2 2019 per NVS's latest filing, from $7.7 billion in the prior quarter.
- The five-year high for Deferred Taxes was $7.7 billion in Q2 2018, with the low at -$5.6 billion in Q2 2019.
- Average Deferred Taxes over 3 years is $1.0 billion, with a median of $936.0 million recorded in 2016.
- The widest YoY moves for Deferred Taxes: up 172.71% in 2019, down 172.71% in 2019.
- Novartis Ag's Deferred Taxes stood at $936.0 million in 2016, then soared by 725.64% to $7.7 billion in 2018, then slumped by 172.71% to -$5.6 billion in 2019.
- Business Quant data shows NVS's Deferred Taxes at -$5.6 billion in Q2 2019, $7.7 billion in Q2 2018, and $936.0 million in Q4 2016.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,066.16 Bn | 1,060.88 Bn | 16.22 Bn | 1.48 Bn |
| 2 | Johnson & Johnson | 611.69 Bn | 589.64 Bn | 15.96 Bn | 159.00 Mn |
| 3 | AbbVie | 444.34 Bn | 434.99 Bn | 10.78 Bn | 137.00 Mn |
| 4 | Astrazeneca | 284.94 Bn | 277.05 Bn | 12.61 Bn | - |
| 5 | Merck | 224.23 Bn | 218.58 Bn | 12.09 Bn | -315.00 Mn |
| 6 | Amgen | 195.12 Bn | 183.08 Bn | 5.87 Bn | -176.00 Mn |
| 7 | Gilead Sciences | 156.45 Bn | 148.73 Bn | 5.52 Bn | 179.00 Mn |
| 8 | Pfizer | 136.01 Bn | 123.24 Bn | -1.21 Bn | -12.00 Mn |
| 9 | Novartis Ag | 113.45 Bn | 113.67 Bn | - | - |
| 10 | Biogen | 30.87 Bn | 26.59 Bn | 1.82 Bn | 23.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2019 | -5.62 Bn |
| Jun 30, 2018 | 7.73 Bn |
| Dec 31, 2016 | 936.00 Mn |
| Dec 31, 2009 | 2,323.00 |
| Sep 30, 2009 | 6,097.00 |
| Jun 30, 2009 | -10,479.00 |
| Mar 31, 2009 | -5,356.00 |