Growth Metrics

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

Historic Non-Current Deferred Tax Liability for Qorvo (QRVO) over the last 4 years, with Mar 2019 value amounting to -$29.7 million.

  • Qorvo's Non-Current Deferred Tax Liability fell 147.05% to -$29.7 million in Q1 2019 from the same period last year, while for Mar 2019 it was -$29.7 million, marking a year-over-year decrease of 147.05%. This contributed to the annual value of -$29.7 million for FY2019, which is 147.05% down from last year.
  • Per Qorvo's latest filing, its Non-Current Deferred Tax Liability stood at -$29.7 million for Q1 2019, which was down 525.39% from $7.0 million recorded in Q4 2018.
  • Qorvo's Non-Current Deferred Tax Liability's 5-year high stood at $310.2 million during Q1 2015, with a 5-year trough of -$29.7 million in Q1 2019.
  • Moreover, its 3-year median value for Non-Current Deferred Tax Liability was $58.9 million (2017), whereas its average is $50.4 million.
  • Per our database at Business Quant, Qorvo's Non-Current Deferred Tax Liability spiked by 1,786.79% in 2015 and then crashed by 147.05% in 2019.
  • Quarterly analysis of 5 years shows Qorvo's Non-Current Deferred Tax Liability stood at $303.2 million in 2015, then dropped by 2.69% to $139.3 million in 2016, then plummeted by 57.72% to $58.9 million in 2017, then crashed by 88.15% to $7.0 million in 2018, then plummeted by 147.05% to -$29.7 million in 2019.
  • Its Non-Current Deferred Tax Liability was -$29.7 million in Q1 2019, compared to $7.0 million in Q4 2018 and $21.9 million in Q3 2018.