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% YoY from $63.1 million in Q1 2018, and down 525.39% on a QoQ basis from $7.0 million in Q4 2018.
Qorvo (QRVO) Non-Current Deferred Tax Liability (2014 - 2019) Analysis & Trends
Qorvo (QRVO) has 6 years of Non-Current Deferred Tax Liability data on file, last reported at -$29.7 million in Q1 2019.
- Quarterly Non-Current Deferred Tax Liability fell 147.05% year-over-year to -$29.7 million in Q1 2019, while the trailing twelve-month figure through Mar 2019 was -$29.7 million (down 147.05% YoY) and the FY2019 annual result came in at -$29.7 million, down 147.05% from the prior year.
- Non-Current Deferred Tax Liability declined to -$29.7 million in Q1 2019, from $7.0 million in the prior quarter.
- In the past five years, Non-Current Deferred Tax Liability ranged from a high of $310.2 million in Q1 2015 to a low of -$29.7 million in Q1 2019.
- A 5-year average of $124.8 million and a median of $131.5 million in 2017 frame the typical range for Non-Current Deferred Tax Liability.
- Annual changes were most pronounced in 2015 — Non-Current Deferred Tax Liability surged 1786.79% — and 2019, when it tumbled 147.05%.
- Tracing QRVO's Non-Current Deferred Tax Liability over 5 years: 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 525.39% to -$29.7 million in 2019.
- The last three Non-Current Deferred Tax Liability figures came in at -$29.7 million (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 | Taiwan Semiconductor Manufacturing | 10,848.43 Bn | 10,750.17 Bn | 23.77 Bn |
| 2 | Nvidia | 5,220.28 Bn | 5,169.94 Bn | 61.16 Bn |
| 3 | Broadcom | 1,746.09 Bn | 1,726.46 Bn | 15.42 Bn |
| 4 | Micron Technology | 1,092.82 Bn | 1,066.80 Bn | 35.06 Bn |
| 5 | Advanced Micro Devices | 773.31 Bn | 760.20 Bn | 6.20 Bn |
| 6 | Intel | 459.59 Bn | 429.86 Bn | 6.51 Bn |
| 7 | Arm Holdings | 259.13 Bn | 255.24 Bn | 1.25 Bn |
| 8 | Texas Instruments | 241.28 Bn | 234.28 Bn | 3.35 Bn |
| 9 | Marvell Technology | 209.48 Bn | 205.64 Bn | 1.26 Bn |
| 10 | Qorvo | 8.39 Bn | 7.06 Bn | 400.97 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 30, 2019 | -29.68 Mn |
| Mar 30, 2019 | -29.68 Mn |
| 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 | 63.08 Mn |
| Mar 31, 2018 | 63.08 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 | 131.51 Mn |
| Apr 1, 2017 | 131.51 Mn |
| Dec 31, 2016 | 139.25 Mn |
| Dec 31, 2016 | 139.25 Mn |