Qorvo (QRVO) Non-Current Deferred Tax Liability (2014 - 2019)

Qorvo (QRVO) reported Non-Current Deferred Tax Liability of $333000.0 for Q1 2019, down 99.18% on a YoY basis from $40.7 million in Q1 2018, and down 95.23% quarter-over-quarter from $7.0 million in Q4 2018.

Qorvo (QRVO) Non-Current Deferred Tax Liability (2014 - 2019) Analysis & Trends

Qorvo has reported Non-Current Deferred Tax Liability for 6 years, with the latest figure at $333000.0 in Q1 2019.

  • For the quarter ending Q1 2019, Non-Current Deferred Tax Liability fell 99.18% year-over-year to $333000.0; the trailing twelve-month figure through Mar 2019 stood at $333000.0 (down 99.18% YoY), and the FY2019 full-year result was $333000.0, down 99.18% from the prior year.
  • Non-Current Deferred Tax Liability for Q1 2019 stood at $333000.0, down from $7.0 million in the prior quarter.
  • The five-year high for Non-Current Deferred Tax Liability was $309.7 million in Q2 2015, with the low at $333000.0 in Q1 2019.
  • Historically, Non-Current Deferred Tax Liability has averaged $114.7 million across 5 years, with a median of $114.0 million in 2017.
  • Annual changes were most pronounced in 2015 — Non-Current Deferred Tax Liability jumped 808.45% — and 2019, when it sank 99.18%.
  • Qorvo's Non-Current Deferred Tax Liability stood at $303.2 million in 2015, then slumped by 54.07% to $139.3 million in 2016, then sank by 57.72% to $58.9 million in 2017, then plunged by 88.15% to $7.0 million in 2018, then plunged by 95.23% to $333000.0 in 2019.
  • The last three Non-Current Deferred Tax Liability figures came in at $333000.0 (Q1 2019), $7.0 million (Q4 2018), and $21.9 million (Q3 2018), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Nvidia 5,119.49 Bn 5,076.01 Bn 61.16 Bn
2 Broadcom 1,946.04 Bn 1,926.41 Bn 15.42 Bn
3 Micron Technology 1,288.71 Bn 1,274.12 Bn 17.76 Bn
4 Taiwan Semiconductor Manufacturing 1,080.21 Bn 983.26 Bn 23.77 Bn
5 Advanced Micro Devices 879.94 Bn 867.59 Bn 5.42 Bn
6 Intel 681.83 Bn 662.64 Bn 5.35 Bn
7 Texas Instruments 293.38 Bn 288.27 Bn 2.80 Bn
8 Marvell Technology 274.06 Bn 270.21 Bn 1.26 Bn
9 Qualcomm 241.64 Bn 231.84 Bn 4.16 Bn
10 Qorvo 9.10 Bn 7.89 Bn 395.02 Mn

Historic Data

Download Data
DateValue
Mar 30, 2019 333,000.00
Mar 30, 2019 333,000.00
Dec 29, 2018 6.98 Mn
Dec 29, 2018 6.98 Mn
Sep 29, 2018 21.93 Mn
Sep 29, 2018 21.93 Mn
Jun 30, 2018 37.16 Mn
Jun 30, 2018 37.16 Mn
Mar 31, 2018 40.69 Mn
Mar 31, 2018 40.69 Mn
Dec 30, 2017 58.88 Mn
Dec 30, 2017 58.88 Mn
Sep 30, 2017 74.17 Mn
Sep 30, 2017 74.17 Mn
Jul 1, 2017 89.28 Mn
Jul 1, 2017 89.28 Mn
Apr 1, 2017 113.96 Mn
Apr 1, 2017 113.96 Mn
Dec 31, 2016 139.25 Mn
Dec 31, 2016 139.25 Mn