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
DateValue
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