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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Carvana | 52.87 Bn | 50.13 Bn | 1.38 Bn |
| 2 | Penske Automotive | 14.22 Bn | 14.15 Bn | 1.36 Bn |
| 3 | Rush Enterprises Inc \Tx\ | 9.01 Bn | 8.75 Bn | 361.67 Mn |
| 4 | Carmax | 8.69 Bn | 8.10 Bn | 854.41 Mn |
| 5 | Lithia Motors | 8.26 Bn | 7.90 Bn | 1.50 Bn |
| 6 | Autonation | 6.73 Bn | 6.68 Bn | 1.23 Bn |
| 7 | Uxin | 5.72 Bn | 5.71 Bn | - |
| 8 | Valvoline | 4.10 Bn | 4.02 Bn | 214.90 Mn |
| 9 | Openlane | 4.07 Bn | 3.88 Bn | 248.20 Mn |
| 10 | RideNow | 219.46 Mn | 172.76 Mn | 84.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 60.82 Mn |
| Sep 30, 2021 | 60.82 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 |