Quest Patent Research (QPRC) Long-Term Deferred Tax (2019 - 2023)
Quest Patent Research (QPRC) posted Long-Term Deferred Tax of $2.1 million for Q4 2023, down 24.09% sequentially from $2.7 million in Q4 2022, and down 24.09% YoY from $2.7 million in Q4 2022.
Quest Patent Research (QPRC) Long-Term Deferred Tax (2019 - 2023) Analysis & Trends
Quest Patent Research has reported Long-Term Deferred Tax for 5 years, with the latest figure at $2.1 million in Q4 2023.
- Quarterly Long-Term Deferred Tax fell 24.09% year-over-year to $2.1 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $2.1 million (down 24.09% YoY) and the FY2023 annual result came in at $2.1 million, down 24.09% from the prior year.
- Long-Term Deferred Tax eased to $2.1 million in Q4 2023 per QPRC's latest filing, from $2.7 million in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $2.7 million in Q4 2022 and troughed at $2.0 million in Q4 2019.
- A 5-year average of $2.3 million and a median of $2.2 million in 2020 frame the typical range for Long-Term Deferred Tax.
- The sharpest annual moves came in 2021 and 2023: Long-Term Deferred Tax advanced 19.26% in 2021, then retreated 24.09% in 2023.
- Over 5 years, Long-Term Deferred Tax stood at $2.0 million in 2019, then grew by 10.79% to $2.2 million in 2020, then rose by 19.26% to $2.6 million in 2021, then increased by 4.72% to $2.7 million in 2022, then fell by 24.09% to $2.1 million in 2023.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $2.1 million, $2.7 million, and $2.6 million for Q4 2023, Q4 2022, and Q4 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cintas | 81.84 Bn | 81.56 Bn | 1.48 Bn |
| 2 | Relx | 65.92 Bn | 65.74 Bn | - |
| 3 | Copart | 31.68 Bn | 28.33 Bn | 732.88 Mn |
| 4 | Global Payments | 25.34 Bn | 19.93 Bn | 2.03 Bn |
| 5 | Rb Global | 16.15 Bn | 15.62 Bn | 935.50 Mn |
| 6 | Aramark | 15.72 Bn | 15.22 Bn | 430.34 Mn |
| 7 | UL Solutions | 15.16 Bn | 14.72 Bn | 417.00 Mn |
| 8 | Rentokil Initial | 11.92 Bn | 9.40 Bn | - |
| 9 | Dolby Laboratories | 6.14 Bn | 5.47 Bn | 264.68 Mn |
| 10 | Quest Patent Research | 1.33 Mn | 852,615.25 | -348,206.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 2.06 Mn |
| Dec 31, 2022 | 2.71 Mn |
| Dec 31, 2021 | 2.59 Mn |
| Dec 31, 2020 | 2.17 Mn |
| Dec 31, 2019 | 1.96 Mn |