Organigram Global (OGI) Deferred Taxes (2018 - 2020)
Organigram Global (OGI) posted quarterly Deferred Taxes of -$15.6 million for Q3 2020, down 227.67% year-on-year from $12.2 million in Q3 2019, and down 118.48% on a QoQ basis from -$7.1 million in Q2 2020.
Organigram Global (OGI) Deferred Taxes (2018 - 2020) Analysis & Trends
Organigram Global (OGI) has reported Deferred Taxes for 3 consecutive years, with -$15.6 million the latest figure, recorded in Q3 2020.
- Quarterly Deferred Taxes fell 227.67% year-over-year to -$15.6 million in Q3 2020, while the trailing twelve-month figure through Aug 2020 was -$19.8 million (down 445.03% YoY) and the FY2025 annual result came in at -$10.0 million, changed N/A from the prior year.
- Deferred Taxes fell to -$15.6 million in Q3 2020 per OGI's latest filing, from -$7.1 million in the prior quarter.
- Over the last five years, Deferred Taxes for OGI reached as high as $12.8 million in Q4 2018 and fell as low as -$15.6 million in Q3 2020.
- A 3-year average of -$1.8 million and a median of -$1.2 million in 2019 frame the typical range for Deferred Taxes.
- The largest YoY upside for Deferred Taxes was 12.76% in 2020 against a maximum downside of 325.91% in 2020.
- Year by year, Deferred Taxes stood at $12.8 million in 2018, then plunged by 71.62% to $3.6 million in 2019, then tumbled by 529.56% to -$15.6 million in 2020.
- According to Business Quant data, Deferred Taxes over the past three periods registered -$15.6 million, -$7.1 million, and -$698000.0 for Q3 2020, Q2 2020, and Q1 2020 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | -22.00 Mn |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | 34.00 Mn |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | - |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | 25.90 Mn |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | -69.70 Mn |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | -61.10 Mn |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | - |
| 10 | Organigram Global | 89.89 Mn | 122.96 Mn | 28.97 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Aug 31, 2020 | -15.58 Mn |
| May 31, 2020 | -7.13 Mn |
| Feb 29, 2020 | -698,000.00 |
| Nov 25, 2019 | 3.63 Mn |
| Aug 31, 2019 | -4.76 Mn |
| May 31, 2019 | -1.67 Mn |
| Feb 28, 2019 | -619,000.00 |
| Nov 30, 2018 | 12.79 Mn |