Retractable Technologies (RVP) Long-Term Deferred Tax (2020 - 2024)
Retractable Technologies (RVP) reported Long-Term Deferred Tax of $8.31 million for Q1 2024, up 32.1% from $6.29 million a year earlier but down 1.0% from the prior quarter.
Retractable Technologies (RVP) Long-Term Deferred Tax (2020 - 2024) Analysis & Trends
At the end of FY2023, Retractable Technologies posted Long-Term Deferred Tax of $8.39 million, up 28.7% from FY2022.
- Long-Term Deferred Tax has a three-year compound annual growth rate of 21.9% (FY2020 to FY2023).
- By year, Long-Term Deferred Tax came in at $6.52 million in FY2022 (-53.0%), $13.87 million in FY2021 (+199.4%) and $4.63 million in FY2020.
- Five-year quarterly Long-Term Deferred Tax spans a low of $804,357 in Q3 2020 and a high of $13.87 million in Q4 2021.
- Year over year, Long-Term Deferred Tax gained in two of the last eight quarters, with an average decline of 12.3%.
- The high point for year-over-year Long-Term Deferred Tax in five years was Q2 2021 (growth of 524.1%); the low point was Q4 2022 (a decline of 53.0%).
- Per Business Quant data, the three quarters before Q1 2024 came in at $8.39 million (Q4 2023), $8.53 million (Q3 2023) and $7.22 million (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn |
| 10 | Retractable Technologies | 20.96 Mn | -125.45 Mn | 190,852.00 |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 8.31 Mn |
| Dec 31, 2023 | 8.39 Mn |
| Sep 30, 2023 | 8.53 Mn |
| Jun 30, 2023 | 7.22 Mn |
| Mar 31, 2023 | 6.29 Mn |
| Dec 31, 2022 | 6.52 Mn |
| Sep 30, 2022 | 9.97 Mn |
| Jun 30, 2022 | 9.65 Mn |
| Mar 31, 2022 | 8.79 Mn |
| Dec 31, 2021 | 13.87 Mn |
| Sep 30, 2021 | 13.15 Mn |
| Jun 30, 2021 | 11.25 Mn |
| Mar 31, 2021 | 6.37 Mn |
| Dec 31, 2020 | 4.63 Mn |
| Sep 30, 2020 | 804,357.00 |
| Jun 30, 2020 | 1.80 Mn |
Retractable Technologies Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=RVP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "RVP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=RVP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();