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| Date | Value |
|---|---|
| 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 |