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

RideNow (RDNW) recorded quarterly Non-Current Deferred Tax Liability of $52.6 million in Q4 2023, up 21.48% quarter-over-quarter from $43.3 million in Q4 2022, and up 21.48% on a YoY basis 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 6 years deep, the most recent figure standing at $52.6 million for 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 was $52.6 million for Q4 2023 at RideNow, up from $43.3 million in the prior quarter.
  • In the past five years, Non-Current Deferred Tax Liability ranged from a high of $66.3 million in Q4 2021 to a low of $2.2 million in Q3 2021.
  • Historically, Non-Current Deferred Tax Liability has averaged $24.9 million across 4 years, with a median of $13.4 million in 2022.
  • The sharpest annual moves came in 2021 and 2022: Non-Current Deferred Tax Liability surged 2330.55% in 2021, then sank 34.67% in 2022.
  • A 4-year view of Non-Current Deferred Tax Liability shows it stood at $2.7 million in 2020, then soared by 2330.55% to $66.3 million in 2021, then tumbled by 34.67% to $43.3 million in 2022, then grew by 21.48% to $52.6 million in 2023.
  • The last three Non-Current Deferred Tax Liability figures came in at $52.6 million (Q4 2023), $43.3 million (Q4 2022), and $15.1 million (Q3 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Uxin 18.05 Bn 18.09 Bn 11.57 Mn
2 Carvana 9.49 Bn 7.89 Bn 1.27 Bn
3 Carmax 6.94 Bn 6.35 Bn 605.26 Mn
4 Lithia Motors 6.76 Bn 6.78 Bn 1.42 Bn
5 Autonation 6.51 Bn 6.45 Bn 1.21 Bn
6 Rush Enterprises Inc \Tx\ 5.19 Bn 4.97 Bn 343.80 Mn
7 Valvoline 4.57 Bn 4.48 Bn 187.00 Mn
8 Openlane 3.88 Bn 3.84 Bn 256.20 Mn
9 Group 1 Automotive 3.69 Bn 3.65 Bn 877.90 Mn
10 RideNow 277.10 Mn 247.60 Mn 70.90 Mn

Historic Data

Download Data
DateValue
Dec 31, 2023 52.60 Mn
Dec 31, 2023 52.60 Mn
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 66.28 Mn
Dec 31, 2021 66.28 Mn
Sep 30, 2021 2.20 Mn
Sep 30, 2021 2.20 Mn
Dec 31, 2020 2.73 Mn
Dec 31, 2020 2.73 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