Radian (RDN) Long-Term Deferred Tax (2010 - 2019)
Radian (RDN) posted Long-Term Deferred Tax of $6.9 million for Q2 2019, down 89.85% sequentially from $67.7 million in Q1 2019, and down 95.99% YoY from $171.3 million in Q2 2018.
Radian (RDN) Long-Term Deferred Tax (2010 - 2019) Analysis & Trends
Radian has reported Long-Term Deferred Tax for 10 years, with the latest figure at $6.9 million in Q2 2019.
- Quarterly Long-Term Deferred Tax fell 95.99% year-over-year to $6.9 million in Q2 2019, while the trailing twelve-month figure through Jun 2019 was $6.9 million (down 95.99% YoY) and the FY2018 annual result came in at $131.6 million, down 42.66% from the prior year.
- Long-Term Deferred Tax eased to $6.9 million in Q2 2019 per RDN's latest filing, from $67.7 million in the prior quarter.
- Over five years, Long-Term Deferred Tax peaked at $651.2 million in Q2 2015 and troughed at $6.9 million in Q2 2019.
- A 5-year average of $353.7 million and a median of $379.5 million in 2017 frame the typical range for Long-Term Deferred Tax.
- The sharpest annual moves came in 2017 and 2019: Long-Term Deferred Tax retreated 11.27% in 2017, then sank 95.99% in 2019.
- Over 5 years, Long-Term Deferred Tax stood at $577.9 million in 2015, then dropped by 28.75% to $411.8 million in 2016, then sank by 44.25% to $229.6 million in 2017, then tumbled by 42.66% to $131.6 million in 2018, then sank by 94.78% to $6.9 million in 2019.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $6.9 million, $67.7 million, and $131.6 million for Q2 2019, Q1 2019, and Q4 2018 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.65 Bn | 8.08 Bn | 3.59 Bn |
| 2 | First American Financial | 7.36 Bn | 4.25 Bn | 1.77 Bn |
| 3 | Axis Capital Holdings | 7.25 Bn | 6.47 Bn | 819.78 Mn |
| 4 | Enact Holdings | 6.85 Bn | 6.36 Bn | 284.04 Mn |
| 5 | Mgic Investment | 6.47 Bn | 6.25 Bn | 284.40 Mn |
| 6 | Essent | 6.18 Bn | 6.18 Bn | 313.73 Mn |
| 7 | Ryan Specialty Holdings | 5.43 Bn | 5.29 Bn | - |
| 8 | Radian | 4.96 Bn | 4.22 Bn | 380.01 Mn |
| 9 | NMI Holdings | 3.42 Bn | 3.35 Bn | 157.40 Mn |
| 10 | Assured Guaranty | 3.29 Bn | -506.61 Mn | 156.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2019 | 6.87 Mn |
| Mar 31, 2019 | 67.70 Mn |
| Dec 31, 2018 | 131.64 Mn |
| Sep 30, 2018 | 134.20 Mn |
| Jun 30, 2018 | 171.29 Mn |
| Mar 31, 2018 | 253.38 Mn |
| Dec 31, 2017 | 229.57 Mn |
| Sep 30, 2017 | 356.18 Mn |
| Jun 30, 2017 | 389.76 Mn |
| Mar 31, 2017 | 369.21 Mn |
| Dec 31, 2016 | 411.80 Mn |
| Sep 30, 2016 | 401.44 Mn |
| Jun 30, 2016 | 444.51 Mn |
| Mar 31, 2016 | 518.06 Mn |
| Dec 31, 2015 | 577.95 Mn |
| Sep 30, 2015 | 601.89 Mn |
| Jun 30, 2015 | 651.24 Mn |
| Mar 31, 2015 | 650.00 Mn |
| Dec 31, 2014 | 700.20 Mn |
| Dec 31, 2013 | 17.90 Mn |