Orthofix Medical (OFIX) Long-Term Deferred Tax (2010 - 2022)
Orthofix Medical's Long-Term Deferred Tax was $1.54 million in Q3 2022, down 93.2% from $22.75 million a year earlier but up 6.2% from the prior quarter.
Orthofix Medical (OFIX) Long-Term Deferred Tax (2010 - 2022) Analysis & Trends
At the end of FY2021, Long-Term Deferred Tax at Orthofix Medical came in at $1.77 million, down 92.9% from FY2020.
- Long-Term Deferred Tax shows a five-year compound annual growth rate of -48.2% (FY2016 to FY2021).
- In earlier years, Long-Term Deferred Tax was $25.04 million in FY2020 (-28.7%), $35.12 million in FY2019 (+5.7%), $33.23 million in FY2018 (+42.5%) and $23.32 million in FY2017 (-50.7%).
- Quarterly Long-Term Deferred Tax has moved between $1.45 million (Q2 2022) and $39.63 million (Q3 2019) over five years.
- Compared with a year earlier, Long-Term Deferred Tax has declined for 11 straight quarters, with an average decline of 63.8% over the last eight quarters.
- The best year-over-year quarter for Long-Term Deferred Tax over five years was Q4 2018 (growth of 42.5%); the worst was Q3 2022 (a decline of 93.2%).
- Per Business Quant data, OFIX's Long-Term Deferred Tax in the three quarters before Q3 2022 was $1.45 million (Q2 2022), $1.93 million (Q1 2022) and $1.77 million (Q4 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn |
| 10 | Orthofix Medical | 383.27 Mn | 14.30 Mn | 149.71 Mn |
Historic 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 |
Orthofix Medical Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=OFIX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "OFIX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=OFIX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();