Red Cat Holdings (RCAT) Long-Term Deferred Tax (2012 - 2024)
Red Cat Holdings' (RCAT) quarterly Long-Term Deferred Tax came in at $15.0 million in Q2 2024, up 48.54% on a YoY basis from $10.1 million in Q2 2023, and up 13.27% quarter-over-quarter from $13.2 million in Q1 2024.
Analysis
Red Cat Holdings (RCAT) Long-Term Deferred Tax (2012 - 2024) Analysis & Trends
Red Cat Holdings (RCAT) has reported Long-Term Deferred Tax for 13 consecutive years, with $15.0 million the latest figure, recorded in Q2 2024.
- For the quarter ending Q2 2024, Long-Term Deferred Tax rose 48.54% year-over-year to $15.0 million; the trailing twelve-month figure through Apr 2024 stood at $15.0 million (up 48.54% YoY), and the FY2024 full-year result was $15.0 million, up 48.54% from the prior year.
- Long-Term Deferred Tax grew to $15.0 million in Q2 2024 per RCAT's latest filing, from $13.2 million in the prior quarter.
- Across five years, Long-Term Deferred Tax topped out at $15.0 million in Q2 2024 and bottomed at $78000.0 in Q1 2020.
- Historically, Long-Term Deferred Tax has averaged $5.2 million across 5 years, with a median of $4.0 million in 2021.
- The sharpest annual moves came in 2020 and 2021: Long-Term Deferred Tax plunged 77.37% in 2020, then jumped 2710.58% in 2021.
- Over 5 years, Long-Term Deferred Tax stood at $140000.0 in 2020, then soared by 474.29% to $804000.0 in 2021, then jumped by 762.87% to $6.9 million in 2022, then jumped by 76.27% to $12.2 million in 2023, then grew by 22.69% to $15.0 million in 2024.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $15.0 million, $13.2 million, and $12.2 million for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Lockheed Martin | 123.21 Bn | 119.42 Bn | 2.45 Bn |
| 2 | General Dynamics | 95.49 Bn | 91.16 Bn | 6.76 Bn |
| 3 | Motorola Solutions | 75.90 Bn | 75.21 Bn | 1.68 Bn |
| 4 | Northrop Grumman | 74.92 Bn | 72.62 Bn | 3.72 Bn |
| 5 | L3Harris Technologies | 46.03 Bn | 45.47 Bn | 1.50 Bn |
| 6 | Elbit Systems | 34.52 Bn | 33.56 Bn | 579.01 Mn |
| 7 | Teledyne Technologies | 27.99 Bn | 27.65 Bn | 738.10 Mn |
| 8 | Curtiss Wright | 20.99 Bn | 20.52 Bn | 364.09 Mn |
| 9 | Leidos Holdings | 16.02 Bn | 15.32 Bn | 817.00 Mn |
| 10 | Red Cat Holdings | 1.03 Bn | 1.03 Bn | 3.26 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2024 | 15.00 Mn |
| Jan 31, 2024 | 13.25 Mn |
| Oct 31, 2023 | 12.23 Mn |
| Jul 31, 2023 | 11.17 Mn |
| Apr 30, 2023 | 10.10 Mn |
| Jan 31, 2023 | 7.96 Mn |
| Oct 31, 2022 | 6.94 Mn |
| Jul 31, 2022 | 5.79 Mn |
| Apr 30, 2022 | 5.09 Mn |
| Jan 31, 2022 | 908,000.00 |
| Oct 31, 2021 | 804,000.00 |
| Jul 31, 2021 | 696,000.00 |
| Apr 30, 2021 | 2.92 Mn |
| Jan 31, 2021 | 508,000.00 |
| Oct 31, 2020 | 140,000.00 |
| Jul 31, 2020 | 120,000.00 |
| Apr 30, 2020 | 104,000.00 |
| Jan 31, 2020 | 78,000.00 |
| Oct 31, 2019 | 60,000.00 |
| Jul 31, 2019 | 530,263.00 |