Scientific Industries (SCND) Long-Term Deferred Tax (2011 - 2021)
Scientific Industries' Long-Term Deferred Tax was $3.22 million in Q2 2022, up 297.4% from $811,100 a year earlier and up 14.6% from the prior quarter.
Scientific Industries (SCND) Long-Term Deferred Tax (2011 - 2021) Analysis & Trends
At the end of FY2021, Long-Term Deferred Tax at Scientific Industries came in at $2.49 million, up 363.6% from FY2020.
- Long-Term Deferred Tax has now increased for three consecutive years, with a five-year compound annual growth rate of 55.3% (FY2016 to FY2021).
- In earlier years, Long-Term Deferred Tax was $537,100 in FY2020 (+24.6%), $431,100 in FY2019 (+9.8%), $392,600 in FY2018 (-22.3%) and $505,100 in FY2017 (+83.1%).
- The Q2 2022 figure marks the highest quarterly Long-Term Deferred Tax in data going back to Q4 2011.
- Compared with a year earlier, Long-Term Deferred Tax has increased for 11 straight quarters, with growth averaging 163.8% over the last eight quarters.
- The best year-over-year quarter for Long-Term Deferred Tax over five years was Q1 2022 (growth of 370.2%); the worst was Q1 2019 (a decline of 24.9%).
- Per Business Quant data, SCND's Long-Term Deferred Tax in the three quarters before Q2 2022 was $2.81 million (Q1 2022), $2.49 million (Q4 2021) and $1.19 million (Q3 2021).
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 | Scientific Industries | 8.95 Mn | -4.22 Mn | 622,700.00 |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | 3.22 Mn |
| Sep 30, 2021 | 2.81 Mn |
| Jun 30, 2021 | 2.49 Mn |
| Mar 31, 2021 | 1.19 Mn |
| Dec 31, 2020 | 811,100.00 |
| Sep 30, 2020 | 598,200.00 |
| Jun 30, 2020 | 537,100.00 |
| Mar 31, 2020 | 513,200.00 |
| Dec 31, 2019 | 451,200.00 |
| Sep 30, 2019 | 450,600.00 |
| Jun 30, 2019 | 431,100.00 |
| Mar 31, 2019 | 463,400.00 |
| Dec 31, 2018 | 385,500.00 |
| Sep 30, 2018 | 386,600.00 |
| Jun 30, 2018 | 392,600.00 |
| Mar 31, 2018 | 544,500.00 |
| Dec 31, 2017 | 488,600.00 |
| Sep 30, 2017 | 514,500.00 |
| Jun 30, 2017 | 505,100.00 |
| Mar 31, 2017 | 284,200.00 |
Scientific Industries 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=SCND&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "SCND", "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=SCND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();