Taoping (TAOP) Long-Term Deferred Tax (2011 - 2022)
Taoping (TAOP) posted quarterly Long-Term Deferred Tax of $8.5 million for Q2 2022, down 11.35% year-over-year from $9.5 million in Q2 2021, and down 16.03% quarter-over-quarter from $10.1 million in Q4 2021.
Taoping (TAOP) Long-Term Deferred Tax (2011 - 2022) Analysis & Trends
Taoping (TAOP) has reported Long-Term Deferred Tax for 11 consecutive years, with $8.5 million the latest figure, recorded in Q2 2022.
- In Q2 2022, Long-Term Deferred Tax fell 11.35% year-over-year to $8.5 million; the TTM figure through Jun 2022 stood at $8.5 million (down 11.35% YoY), while the FY2021 annual figure was $10.1 million, up 29.0% from the prior year.
- Long-Term Deferred Tax slipped to $8.5 million in Q2 2022 per TAOP's latest filing, from $10.1 million in the prior quarter.
- Across five years, Long-Term Deferred Tax topped out at $10.1 million in Q4 2021 and bottomed at $3.2 million in Q2 2018.
- Historically, Long-Term Deferred Tax has averaged $7.8 million across 4 years, with a median of $8.5 million in 2022.
- Annual changes were most pronounced in 2021 — Long-Term Deferred Tax gained 29.0% — and 2022, when it slipped 11.35%.
- Taoping's Long-Term Deferred Tax stood at $3.2 million in 2018, then surged by 144.85% to $7.8 million in 2020, then advanced by 29.0% to $10.1 million in 2021, then slipped by 16.03% to $8.5 million in 2022.
- Business Quant data shows TAOP's Long-Term Deferred Tax at $8.5 million in Q2 2022, $10.1 million in Q4 2021, and $9.5 million in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn |
| 10 | Taoping | 180,783.96 | -1.92 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 8.46 Mn |
| Dec 31, 2021 | 10.08 Mn |
| Jun 30, 2021 | 9.54 Mn |
| Dec 31, 2020 | 7.81 Mn |
| Jun 30, 2018 | 3.19 Mn |
| Dec 31, 2017 | 3.16 Mn |
| Dec 31, 2016 | 100,435.00 |
| Jun 30, 2016 | 551,732.00 |
| Dec 31, 2015 | 460,237.00 |
| Jun 30, 2015 | 4.13 Mn |
| Dec 31, 2014 | 4.27 Mn |
| Jun 30, 2014 | 1.08 Mn |
| Dec 31, 2013 | 498,459.00 |
| Jun 30, 2013 | 2.03 Mn |
| Dec 31, 2012 | 2.30 Mn |
| Sep 30, 2012 | 3.23 Mn |
| Dec 31, 2011 | 2.55 Mn |