National Steel (SID) Deferred Taxes (2012 - 2024)
National Steel's (SID) quarterly Deferred Taxes came in at $156.6 million in Q3 2024, up 13.17% year-on-year from $138.4 million in Q4 2023, and up 48.83% quarter-over-quarter from $105.2 million in Q2 2024.
National Steel (SID) Deferred Taxes (2012 - 2024) Analysis & Trends
National Steel has disclosed Deferred Taxes across 13 years of filings, most recently posting $156.6 million for Q3 2024.
- Deferred Taxes for Q3 2024 came in at $156.6 million, up 13.17% year-over-year; the trailing twelve-month figure through Sep 2024 was $70.9 million (down 61.79% YoY), and the FY2025 annual result was -$203.0 million, up 9.68% from the prior year.
- Deferred Taxes came in at $156.6 million for Q3 2024 at National Steel, up from $105.2 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $156.6 million in Q3 2024 to a low of -$329.3 million in Q4 2023.
- The 5-year median for Deferred Taxes is $703800.2 (2020), against an average of $2.1 million.
- Across the five-year window, Deferred Taxes surged 1106.1% in 2021 and sank 14037.38% in 2022, its largest moves.
- National Steel's Deferred Taxes stood at $703800.2 in 2020, then dropped by 1.46% to $693553.9 in 2021, then slumped by 9160.16% to -$62.8 million in 2022, then sank by 424.12% to -$329.3 million in 2023, then surged by 147.56% to $156.6 million in 2024.
- The last three Deferred Taxes figures came in at $156.6 million (Q3 2024), $105.2 million (Q2 2024), and -$329.3 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | - |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | -34.00 Mn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | 2.00 Mn |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 32.67 Mn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | - |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | -85.00 Mn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | - |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | - |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | -7.00 Mn |
| 10 | NWPX Infrastructure | 1.13 Bn | 1.11 Bn | 26.67 Mn | 791,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 156.62 Mn |
| Jun 30, 2024 | 105.23 Mn |
| Dec 31, 2023 | -329.34 Mn |
| Sep 30, 2023 | 138.39 Mn |
| Jun 30, 2023 | 82.30 Mn |
| Mar 31, 2023 | 27.72 Mn |
| Jun 30, 2022 | -62.84 Mn |
| Mar 31, 2022 | -96.66 Mn |
| Mar 31, 2021 | 693,553.90 |
| Dec 31, 2020 | 703,800.20 |
| Mar 31, 2020 | -68,934.68 |
| Mar 31, 2019 | 12.03 Mn |
| Jun 30, 2018 | 239.74 Mn |
| Mar 31, 2018 | 141.70 Mn |
| Dec 31, 2017 | 361.82 Mn |
| Sep 30, 2017 | 11.80 Mn |
| Jun 30, 2017 | 357.73 Mn |
| Mar 31, 2017 | -941,082.98 |
| Dec 31, 2016 | 317.78 Mn |
| Sep 30, 2016 | 356.93 Mn |