Algorhythm Holdings (RIME) Deferred Taxes (2014 - 2024)
Algorhythm Holdings (RIME) posted Deferred Taxes of -$14000.0 for Q4 2024, down 101.0% sequentially from $1.4 million in Q2 2023.
Algorhythm Holdings (RIME) Deferred Taxes (2014 - 2024) Analysis & Trends
Algorhythm Holdings (RIME) has 11 years of Deferred Taxes data on file, last reported at -$14000.0 in Q4 2024.
- Quarterly Deferred Taxes changed N/A year-over-year to -$14000.0 in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $2.2 million (changed N/A YoY) and the FY2024 annual result came in at $30000.0, changed N/A from the prior year.
- Deferred Taxes fell to -$14000.0 in Q4 2024 per RIME's latest filing, from $1.4 million in the prior quarter.
- The five-year high for Deferred Taxes was $1.5 million in Q4 2020, with the low at -$687291.0 in Q3 2020.
- Average Deferred Taxes over 5 years is $193561.8, with a median of $78837.0 recorded in 2020.
- Year-over-year, Deferred Taxes slumped 669.48% in 2022 and soared 27633.95% in 2023.
- Algorhythm Holdings' Deferred Taxes stood at $1.5 million in 2020, then tumbled by 93.04% to $102995.0 in 2021, then tumbled by 669.48% to -$586538.0 in 2022, then jumped by 338.52% to $1.4 million in 2023, then sank by 101.0% to -$14000.0 in 2024.
- Business Quant data shows RIME's Deferred Taxes at -$14000.0 in Q4 2024, $1.4 million in Q2 2023, and $1.4 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,319.52 Bn | 4,251.01 Bn | 54.78 Bn | - |
| 2 | Sonos | 1.61 Bn | 1.36 Bn | 124.65 Mn | 24,000.00 |
| 3 | Zepp Health | 1.32 Bn | -101.84 Bn | 19.44 Mn | - |
| 4 | Vuzix | 214.94 Mn | 193.79 Mn | 375,000.00 | - |
| 5 | UTime | 79.34 Mn | 37.42 Mn | - | - |
| 6 | Universal Electronics | 59.18 Mn | 29.36 Mn | 20.60 Mn | 1.84 Mn |
| 7 | Axil Brands | 44.10 Mn | 38.58 Mn | 5.04 Mn | 172,334.00 |
| 8 | Foxx Development Holdings | 23.69 Mn | 20.50 Mn | -1.45 Mn | - |
| 9 | Fenbo Holdings | 10.51 Mn | 7.81 Mn | - | - |
| 10 | Algorhythm Holdings | 1.51 Mn | -1.87 Mn | -617,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -14,000.00 |
| Jun 30, 2023 | 1.40 Mn |
| Mar 31, 2023 | 1.40 Mn |
| Dec 31, 2022 | -586,538.00 |
| Sep 30, 2022 | 85,162.00 |
| Jun 30, 2022 | -5,081.00 |
| Mar 31, 2022 | -254,168.00 |
| Dec 31, 2021 | 102,995.00 |
| Sep 30, 2021 | 173,873.00 |
| Jun 30, 2021 | -28,095.00 |
| Mar 31, 2021 | -473,829.00 |
| Dec 31, 2020 | 1.48 Mn |
| Sep 30, 2020 | -687,291.00 |
| Jun 30, 2020 | 78,837.00 |
| Mar 31, 2020 | 232,722.00 |
| Dec 31, 2019 | 240,042.00 |
| Sep 30, 2019 | -184,140.00 |
| Jun 30, 2019 | 238,731.00 |
| Mar 31, 2019 | 243,230.00 |
| Dec 31, 2018 | -367,255.00 |