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

RideNow (RDNW) has reported Non-Current Deferred Tax Liability for 6 consecutive years, with $52.6 million the latest figure, recorded in Q4 2023.

• In Q4 2023, Non-Current Deferred Tax Liability rose 21.48% year-over-year to $52.6 million; the TTM figure through Dec 2023 stood at $52.6 million (up 21.48% YoY), while the FY2023 annual figure was $52.6 million, up 21.48% from the prior year.
• Non-Current Deferred Tax Liability came in at $52.6 million for Q4 2023 at RideNow, up from $43.3 million in the prior quarter.
• The five-year high for Non-Current Deferred Tax Liability was $66.3 million in Q4 2021, with the low at $2.2 million in Q3 2021.
• Average Non-Current Deferred Tax Liability over 4 years is $24.9 million, with a median of $13.4 million recorded in 2022.
• Across the five-year window, Non-Current Deferred Tax Liability surged 2330.55% in 2021 and slumped 34.67% in 2022, its largest moves.
• Year by year, Non-Current Deferred Tax Liability stood at $2.7 million in 2020, then soared by 2330.55% to $66.3 million in 2021, then plunged by 34.67% to $43.3 million in 2022, then gained by 21.48% to $52.6 million in 2023.
• According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $52.6 million, $43.3 million, and $15.1 million for Q4 2023, Q4 2022, and Q3 2022 respectively.