RideNow (RDNW) Non-Current Deferred Tax Liability (2016 - 2023)

RideNow (RDNW) posted quarterly Non-Current Deferred Tax Liability of $400000.0 for Q4 2023, down 99.08% year-over-year from $43.3 million in Q4 2022, and down 99.08% quarter-over-quarter from $43.3 million in Q4 2022.

RideNow (RDNW) Non-Current Deferred Tax Liability (2016 - 2023) Analysis & Trends

RideNow's Non-Current Deferred Tax Liability history runs 5 years deep, the most recent figure standing at $400000.0 for Q4 2023.

  • In Q4 2023, Non-Current Deferred Tax Liability fell 99.08% year-over-year to $400000.0; the TTM figure through Dec 2023 stood at $400000.0 (down 99.08% YoY), while the FY2023 annual figure was $400000.0, down 99.08% from the prior year.
  • Non-Current Deferred Tax Liability for Q4 2023 stood at $400000.0, down from $43.3 million in the prior quarter.
  • The five-year high for Non-Current Deferred Tax Liability was $43.3 million in Q4 2022, with the low at $400000.0 in Q4 2023.
  • The 3-year median for Non-Current Deferred Tax Liability is $11.6 million (2022), against an average of $14.7 million.
  • The sharpest annual moves came in 2022 and 2023: Non-Current Deferred Tax Liability surged 470.79% in 2022, then tumbled 99.08% in 2023.
  • RideNow's Non-Current Deferred Tax Liability stood at $7.6 million in 2021, then soared by 470.79% to $43.3 million in 2022, then sank by 99.08% to $400000.0 in 2023.
  • Business Quant data shows RDNW's Non-Current Deferred Tax Liability at $400000.0 in Q4 2023, $43.3 million in Q4 2022, and $15.1 million in Q3 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Uxin 79.73 Bn 79.73 Bn -
2 Carvana 51.40 Bn 48.65 Bn 1.38 Bn
3 Penske Automotive 14.30 Bn 14.23 Bn 1.36 Bn
4 Lithia Motors 8.61 Bn 8.25 Bn 1.50 Bn
5 Carmax 8.31 Bn 7.71 Bn 854.41 Mn
6 Autonation 7.03 Bn 6.98 Bn 1.23 Bn
7 Autozi Internet Technology (Global) 6.33 Bn 6.14 Bn -
8 Rush Enterprises Inc \Tx\ 6.32 Bn 6.06 Bn 361.67 Mn
9 Valvoline 4.29 Bn 4.20 Bn 214.90 Mn
10 RideNow 241.61 Mn 228.21 Mn 70.90 Mn

Historic Data

Download Data
DateValue
Dec 31, 2023 400,000.00
Dec 31, 2023 400,000.00
Dec 31, 2022 43.30 Mn
Dec 31, 2022 43.30 Mn
Sep 30, 2022 15.15 Mn
Sep 30, 2022 15.15 Mn
Jun 30, 2022 11.61 Mn
Jun 30, 2022 11.61 Mn
Mar 31, 2022 5.62 Mn
Mar 31, 2022 5.62 Mn
Dec 31, 2021 7.59 Mn
Dec 31, 2021 7.59 Mn
Sep 30, 2021 19.58 Mn
Sep 30, 2021 19.58 Mn
Mar 31, 2017 260,130.00
Mar 31, 2017 260,130.00
Dec 31, 2016 78,430.00
Dec 31, 2016 78,430.00