Polar Power (POLA) Long-Term Deferred Tax (2020 - 2022)

Polar Power's (POLA) quarterly Long-Term Deferred Tax came in at $14.8 million in Q4 2022, up 38.32% year-on-year from $10.7 million in Q4 2021, and up 38.32% quarter-over-quarter from $10.7 million in Q4 2021.

Polar Power (POLA) Long-Term Deferred Tax (2020 - 2022) Analysis & Trends

Polar Power's Long-Term Deferred Tax history runs 3 years deep, the most recent figure standing at $14.8 million for Q4 2022.

  • On a quarterly basis, Long-Term Deferred Tax rose 38.32% year-over-year to $14.8 million in Q4 2022; TTM through Dec 2022 was $14.8 million, a 38.32% increase from a year earlier, with the FY2022 full-year figure at $14.8 million, up 38.32% from the prior year.
  • Long-Term Deferred Tax improved to $14.8 million in Q4 2022 per POLA's latest filing, from $10.7 million in the prior quarter.
  • Across five years, Long-Term Deferred Tax topped out at $14.8 million in Q4 2022 and bottomed at $655000.0 in Q1 2020.
  • The 3-year median for Long-Term Deferred Tax is $3.9 million (2020), against an average of $5.8 million.
  • Across the five-year window, Long-Term Deferred Tax soared 48.61% in 2021 and soared 38.32% in 2022, its largest moves.
  • Year by year, Long-Term Deferred Tax stood at $7.2 million in 2020, then soared by 48.61% to $10.7 million in 2021, then surged by 38.32% to $14.8 million in 2022.
  • Per Business Quant, the three latest POLA Long-Term Deferred Tax figures stand at $14.8 million (Q4 2022), $10.7 million (Q4 2021), and $7.2 million (Q4 2020).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn
10 Polar Power 5.46 Mn 5.44 Mn 1.14 Mn

Historic Data

Download Data
DateValue
Dec 31, 2022 14.80 Mn
Dec 31, 2021 10.70 Mn
Dec 31, 2020 7.20 Mn
Sep 30, 2020 655,000.00
Jun 30, 2020 655,000.00
Mar 31, 2020 655,000.00