Orthofix Medical (OFIX) Long-Term Deferred Tax (2010 - 2022)
Orthofix Medical's (OFIX) quarterly Long-Term Deferred Tax came in at $1.5 million in Q3 2022, down 93.21% YoY from $22.7 million in Q3 2021, and up 6.19% on a QoQ basis from $1.5 million in Q2 2022.
Orthofix Medical (OFIX) Long-Term Deferred Tax (2010 - 2022) Analysis & Trends
Orthofix Medical (OFIX) has 13 years of Long-Term Deferred Tax data on file, last reported at $1.5 million in Q3 2022.
- Quarterly Long-Term Deferred Tax fell 93.21% year-over-year to $1.5 million in Q3 2022, while the trailing twelve-month figure through Sep 2022 was $1.5 million (down 93.21% YoY) and the FY2021 annual result came in at $1.8 million, down 92.93% from the prior year.
- Long-Term Deferred Tax rose to $1.5 million in Q3 2022, from $1.5 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $39.6 million in Q3 2019 to a low of $1.5 million in Q2 2022.
- A 5-year average of $25.8 million and a median of $30.6 million in 2018 frame the typical range for Long-Term Deferred Tax.
- Annual changes were most pronounced in 2018 — Long-Term Deferred Tax soared 42.52% — and 2022, when it plunged 93.21%.
- Tracing OFIX's Long-Term Deferred Tax over 5 years: stood at $33.2 million in 2018, then climbed by 5.68% to $35.1 million in 2019, then declined by 28.69% to $25.0 million in 2020, then tumbled by 92.93% to $1.8 million in 2021, then slipped by 12.82% to $1.5 million in 2022.
- The last three Long-Term Deferred Tax figures came in at $1.5 million (Q3 2022), $1.5 million (Q2 2022), and $1.9 million (Q1 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 198.70 Bn | 193.10 Bn | 7.27 Bn |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn |
| 10 | Orthofix Medical | 410.49 Mn | 306.09 Mn | 149.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 1.54 Mn |
| Jun 30, 2022 | 1.45 Mn |
| Mar 31, 2022 | 1.93 Mn |
| Dec 31, 2021 | 1.77 Mn |
| Sep 30, 2021 | 22.75 Mn |
| Jun 30, 2021 | 21.24 Mn |
| Mar 31, 2021 | 26.14 Mn |
| Dec 31, 2020 | 25.04 Mn |
| Sep 30, 2020 | 38.05 Mn |
| Jun 30, 2020 | 36.48 Mn |
| Mar 31, 2020 | 36.13 Mn |
| Dec 31, 2019 | 35.12 Mn |
| Sep 30, 2019 | 39.63 Mn |
| Jun 30, 2019 | 37.57 Mn |
| Mar 31, 2019 | 36.58 Mn |
| Dec 31, 2018 | 33.23 Mn |
| Sep 30, 2018 | 36.03 Mn |
| Jun 30, 2018 | 30.63 Mn |
| Mar 31, 2018 | 28.36 Mn |
| Dec 31, 2017 | 23.32 Mn |