Retractable Technologies (RVP) Long-Term Deferred Tax (2020 - 2024)

Retractable Technologies (RVP) reported Long-Term Deferred Tax of $8.3 million for Q1 2024, up 32.13% on a YoY basis from $6.3 million in Q2 2023, and down 1.0% quarter-over-quarter from $8.4 million in Q4 2023.

Retractable Technologies (RVP) Long-Term Deferred Tax (2020 - 2024) Analysis & Trends

Retractable Technologies has reported Long-Term Deferred Tax for 5 years, with the latest figure at $8.3 million in Q1 2024.

  • For the quarter ending Q1 2024, Long-Term Deferred Tax rose 32.13% year-over-year to $8.3 million; the trailing twelve-month figure through Mar 2024 stood at $8.3 million (up 32.13% YoY), and the FY2023 full-year result was $8.4 million, up 28.74% from the prior year.
  • Long-Term Deferred Tax for Q1 2024 stood at $8.3 million, down from $8.4 million in the prior quarter.
  • The five-year high for Long-Term Deferred Tax was $13.9 million in Q4 2021, with the low at $804357.0 in Q3 2020.
  • Historically, Long-Term Deferred Tax has averaged $7.8 million across 5 years, with a median of $8.4 million in 2023.
  • Annual changes were most pronounced in 2021 — Long-Term Deferred Tax soared 1534.26% — and 2022, when it slumped 52.99%.
  • Retractable Technologies' Long-Term Deferred Tax stood at $4.6 million in 2020, then soared by 199.4% to $13.9 million in 2021, then tumbled by 52.99% to $6.5 million in 2022, then grew by 28.74% to $8.4 million in 2023, then slipped by 1.0% to $8.3 million in 2024.
  • The last three Long-Term Deferred Tax figures came in at $8.3 million (Q1 2024), $8.4 million (Q4 2023), and $8.5 million (Q3 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Intuitive Surgical 148.09 Bn 143.69 Bn 1.83 Bn
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn
10 Retractable Technologies 19.78 Mn -15.84 Mn -838,408.00

Historic Data

Download Data
DateValue
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