Orthofix Medical (OFIX) Long-Term Deferred Tax (2010 - 2022)
Orthofix Medical (OFIX) recorded quarterly Long-Term Deferred Tax of $1.5 million in Q3 2022, up 6.19% on a QoQ basis from $1.5 million in Q2 2022, and down 93.21% year-over-year from $22.7 million in Q3 2021.
Orthofix Medical (OFIX) Long-Term Deferred Tax (2010 - 2022) Analysis & Trends
Orthofix Medical has disclosed Long-Term Deferred Tax across 13 years of filings, most recently posting $1.5 million for 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 climbed to $1.5 million in Q3 2022, from $1.5 million in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $39.6 million in Q3 2019 and troughed at $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 increased by 5.68% to $35.1 million in 2019, then retreated by 28.69% to $25.0 million in 2020, then sank by 92.93% to $1.8 million in 2021, then declined by 12.82% to $1.5 million in 2022.
- Business Quant data shows OFIX's Long-Term Deferred Tax at $1.5 million in Q3 2022, $1.5 million in Q2 2022, and $1.9 million in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn |
| 10 | Orthofix Medical | 382.66 Mn | 261.79 Mn | 139.55 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 |