Strattec Security (STRT) Deferred Taxes (2018 - 2020)
Strattec Security (STRT) posted quarterly Deferred Taxes of -$2.6 million for Q2 2020, down 28.43% year-over-year from -$3.6 million in Q2 2019, and down 403.35% quarter-over-quarter from -$508000.0 in Q4 2019.
Strattec Security (STRT) Deferred Taxes (2018 - 2020) Analysis & Trends
Strattec Security (STRT) has reported Deferred Taxes for 3 consecutive years, with -$2.6 million the latest figure, recorded in Q2 2020.
- In Q2 2020, Deferred Taxes fell 28.43% year-over-year to -$2.6 million; the TTM figure through Jun 2020 stood at -$3.6 million (up 64.54% YoY), while the FY2025 annual figure was -$649000.0, up 83.73% from the prior year.
- Deferred Taxes eased to -$2.6 million in Q2 2020 per STRT's latest filing, from -$508000.0 in the prior quarter.
- Across five years, Deferred Taxes topped out at $2.7 million in Q3 2018 and bottomed at -$7.8 million in Q4 2018.
- Historically, Deferred Taxes has averaged -$1.6 million across 3 years, with a median of -$524000.0 in 2019.
- On a YoY basis, Deferred Taxes climbed as much as 93.45% in 2019 and fell as far as 172.69% in 2019.
- Strattec Security's Deferred Taxes stood at -$7.8 million in 2018, then jumped by 93.45% to -$508000.0 in 2019, then slumped by 403.35% to -$2.6 million in 2020.
- Business Quant data shows STRT's Deferred Taxes at -$2.6 million in Q2 2020, -$508000.0 in Q4 2019, and -$524000.0 in Q3 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.54 Bn | 73.28 Bn | 2.52 Bn | 14.21 Mn |
| 2 | Autozone | 48.78 Bn | 48.52 Bn | 2.52 Bn | -20.66 Mn |
| 3 | Magna International | 19.33 Bn | 17.90 Bn | 1.61 Bn | - |
| 4 | Genuine Parts | 18.26 Bn | 17.70 Bn | 2.47 Bn | - |
| 5 | Borgwarner | 13.15 Bn | 10.70 Bn | 721.00 Mn | - |
| 6 | Allison Transmission Holdings | 10.71 Bn | 10.31 Bn | 515.00 Mn | -2.00 Mn |
| 7 | Modine Manufacturing | 10.08 Bn | 10.00 Bn | - | - |
| 8 | Aptiv | 9.95 Bn | 9.19 Bn | 775.00 Mn | -4.00 Mn |
| 9 | Autoliv | 9.00 Bn | 8.63 Bn | 509.00 Mn | -31.00 Mn |
| 10 | Strattec Security | 324.08 Mn | 217.13 Mn | 22.66 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2020 | -2.56 Mn |
| Dec 29, 2019 | -508,000.00 |
| Sep 29, 2019 | -524,000.00 |
| Jun 30, 2019 | -1.99 Mn |
| Dec 30, 2018 | -7.76 Mn |
| Sep 30, 2018 | -372,000.00 |
| Jul 1, 2018 | 2.74 Mn |