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-over-year from $12.2 million in Q3 2019, and down 118.48% quarter-over-quarter 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.
- In Q3 2020, Deferred Taxes fell 227.67% year-over-year to -$15.6 million; the TTM figure through Aug 2020 stood at -$19.8 million (down 445.03% YoY), while the FY2025 annual figure was -$10.0 million, changed N/A from the prior year.
- Deferred Taxes slipped to -$15.6 million in Q3 2020 per OGI's latest filing, from -$7.1 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $12.8 million in Q4 2018 and bottomed at -$15.6 million in Q3 2020.
- Historically, Deferred Taxes has averaged -$1.8 million across 3 years, with a median of -$1.2 million in 2019.
- On a YoY basis, Deferred Taxes climbed as much as 12.76% in 2020 and fell as far as 325.91% in 2020.
- Organigram Global's Deferred Taxes stood at $12.8 million in 2018, then tumbled by 71.62% to $3.6 million in 2019, then slumped by 529.56% to -$15.6 million in 2020.
- Business Quant data shows OGI's Deferred Taxes at -$15.6 million in Q3 2020, -$7.1 million in Q2 2020, and -$698000.0 in Q1 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.98 Bn | 43.02 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.28 Bn | 39.62 Bn | 2.15 Bn | 25.00 Mn |
| 3 | Zoetis | 31.79 Bn | 30.11 Bn | 1.05 Bn | -33.00 Mn |
| 4 | Takeda Pharmaceutical | 28.69 Bn | 22.89 Bn | 5.10 Bn | - |
| 5 | United Therapeutics | 22.25 Bn | 19.58 Bn | 683.80 Mn | 25.70 Mn |
| 6 | Viatris | 18.75 Bn | 17.86 Bn | 1.46 Bn | -124.50 Mn |
| 7 | Neurocrine Biosciences | 15.58 Bn | 15.19 Bn | 935.80 Mn | -25.30 Mn |
| 8 | Elanco Animal Health | 11.87 Bn | 11.34 Bn | 798.00 Mn | - |
| 9 | Dr Reddys Laboratories | 10.14 Bn | 9.98 Bn | - | - |
| 10 | Organigram Global | 150.66 Mn | 150.54 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 |