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| Date | Value |
|---|---|
| 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 |