Qorvo (QRVO) Non-Current Deferred Tax Liability (2014 - 2019)
Qorvo's (QRVO) quarterly Non-Current Deferred Tax Liability came in at -$29.7 million in Q1 2019, down 147.05% on a YoY basis from $63.1 million in Q1 2018, and down 525.39% quarter-over-quarter from $7.0 million in Q4 2018.
Analysis
Qorvo (QRVO) Non-Current Deferred Tax Liability (2014 - 2019) Analysis & Trends
Qorvo (QRVO) has reported Non-Current Deferred Tax Liability for 6 consecutive years, with -$29.7 million the latest figure, recorded in Q1 2019.
- For the quarter ending Q1 2019, Non-Current Deferred Tax Liability fell 147.05% year-over-year to -$29.7 million; the trailing twelve-month figure through Mar 2019 stood at -$29.7 million (down 147.05% YoY), and the FY2019 full-year result was -$29.7 million, down 147.05% from the prior year.
- Non-Current Deferred Tax Liability slipped to -$29.7 million in Q1 2019 per QRVO's latest filing, from $7.0 million in the prior quarter.
- Across five years, Non-Current Deferred Tax Liability topped out at $310.2 million in Q1 2015 and bottomed at -$29.7 million in Q1 2019.
- Historically, Non-Current Deferred Tax Liability has averaged $124.8 million across 5 years, with a median of $131.5 million in 2017.
- The sharpest annual moves came in 2015 and 2019: Non-Current Deferred Tax Liability soared 1786.79% in 2015, then plunged 147.05% in 2019.
- Over 5 years, Non-Current Deferred Tax Liability stood at $303.2 million in 2015, then plunged by 54.07% to $139.3 million in 2016, then tumbled by 57.72% to $58.9 million in 2017, then slumped by 88.15% to $7.0 million in 2018, then slumped by 525.39% to -$29.7 million in 2019.
- According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered -$29.7 million, $7.0 million, and $21.9 million for Q1 2019, Q4 2018, and Q3 2018 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 2,246.74 Bn | 2,142.69 Bn | 27.22 Bn |
| 2 | Micron Technology | 1,101.07 Bn | 1,075.05 Bn | 35.06 Bn |
| 3 | Intel | 519.13 Bn | 505.00 Bn | 6.51 Bn |
| 4 | Texas Instruments | 245.39 Bn | 238.39 Bn | 3.35 Bn |
| 5 | Analog Devices | 183.54 Bn | 181.22 Bn | 2.71 Bn |
| 6 | NXP Semiconductors | 59.67 Bn | 56.81 Bn | 2.00 Bn |
| 7 | United Microelectronics | 57.00 Bn | 53.04 Bn | 706.26 Mn |
| 8 | STMicroelectronics | 45.78 Bn | 41.92 Bn | 1.22 Bn |
| 9 | Microchip Technology | 40.29 Bn | 40.02 Bn | 938.90 Mn |
| 10 | Qorvo | 10.29 Bn | 8.96 Bn | 400.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 30, 2019 | -29.68 Mn |
| 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 | 16.44 Mn |