Qorvo (QRVO) Non-Current Deferred Tax Liability (2014 - 2019)
Qorvo (QRVO) posted Non-Current Deferred Tax Liability of $333,000 for fiscal Q4 2019 (quarter ended Mar 30, 2019), down 99.5% from $63.08 million a year earlier and down 95.2% from the prior quarter.
Qorvo (QRVO) Non-Current Deferred Tax Liability (2014 - 2019) Analysis & Trends
Since fiscal Q4 2014, Qorvo has reported Non-Current Deferred Tax Liability for 18 quarters.
- Annual Non-Current Deferred Tax Liability has declined for four consecutive fiscal years, with a five-year compound annual growth rate of -17.7% (FY2014 to FY2019).
- In prior fiscal years, Qorvo's Non-Current Deferred Tax Liability was $63.08 million in FY2018 (-52.0%), $131.51 million in FY2017 (-13.6%), $152.16 million in FY2016 (-50.9%) and $310.19 million in FY2015.
- The fiscal Q4 2019 figure stands as the lowest quarterly Non-Current Deferred Tax Liability in data going back to fiscal Q4 2014.
- On a year-over-year basis, Non-Current Deferred Tax Liability has declined in each of the last 13 quarters, with an average decline of 65.1% over the last eight quarters.
- Across the past five years, year-over-year decline in Non-Current Deferred Tax Liability ran from 2.7% in fiscal Q3 2017 to 99.5% in fiscal Q4 2019.
- According to Business Quant data, Non-Current Deferred Tax Liability for the three prior fiscal quarters was $6.98 million (Q3 2019), $21.93 million (Q2 2019) and $37.16 million (Q1 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nvidia | 5,257.94 Bn | 5,032.10 Bn | 72.14 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,182.39 Bn | 1,807.25 Bn | 27.22 Bn |
| 3 | Broadcom | 1,596.71 Bn | 1,522.75 Bn | 20.46 Bn |
| 4 | Micron Technology | 1,020.41 Bn | 926.05 Bn | 47.05 Bn |
| 5 | Advanced Micro Devices | 879.62 Bn | 836.36 Bn | 6.20 Bn |
| 6 | Asml Holding | 640.55 Bn | 596.23 Bn | 5.90 Bn |
| 7 | Intel | 470.49 Bn | 339.62 Bn | 6.51 Bn |
| 8 | Lam Research | 342.11 Bn | 318.91 Bn | 3.48 Bn |
| 9 | Applied Materials | 328.25 Bn | 293.69 Bn | 4.59 Bn |
| 10 | Qorvo | 10.07 Bn | 5.10 Bn | 400.97 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 30, 2019 | 333,000.00 |
| Dec 29, 2018 | 6.98 Mn |
| Sep 29, 2018 | 21.93 Mn |
| Jun 30, 2018 | 37.16 Mn |
| Mar 31, 2018 | 63.08 Mn |
| Dec 30, 2017 | 58.88 Mn |
| Sep 30, 2017 | 74.17 Mn |
| Jul 1, 2017 | 89.28 Mn |
| Apr 1, 2017 | 131.51 Mn |
| Dec 31, 2016 | 139.25 Mn |
| Oct 1, 2016 | 146.93 Mn |
| Jul 2, 2016 | 163.64 Mn |
| Apr 2, 2016 | 152.16 Mn |
| Jan 2, 2016 | 143.10 Mn |
| Oct 3, 2015 | 303.18 Mn |
| Jun 27, 2015 | 309.69 Mn |
| Mar 28, 2015 | 310.19 Mn |
| Mar 29, 2014 | 884,000.00 |
Qorvo Non-Current Deferred Tax Liability API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-deferred-tax-liability&ticker=QRVO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deferred-tax-liability", "ticker": "QRVO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=non-current-deferred-tax-liability&ticker=QRVO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();