Protara Therapeutics (TARA) Long-Term Deferred Tax (2013 - 2023)

Protara Therapeutics (TARA) posted quarterly Long-Term Deferred Tax of $54.3 million for Q4 2023, up 3574.22% year-over-year from $1.5 million in Q4 2022, and up 3574.22% quarter-over-quarter from $1.5 million in Q4 2022.

Protara Therapeutics (TARA) Long-Term Deferred Tax (2013 - 2023) Analysis & Trends

Protara Therapeutics (TARA) has reported Long-Term Deferred Tax for 7 consecutive years, with $54.3 million the latest figure, recorded in Q4 2023.

  • In Q4 2023, Long-Term Deferred Tax rose 3574.22% year-over-year to $54.3 million; the TTM figure through Dec 2023 stood at $54.3 million (up 3574.22% YoY), while the FY2023 annual figure was $54.3 million, up 3574.22% from the prior year.
  • Long-Term Deferred Tax rose to $54.3 million in Q4 2023 per TARA's latest filing, from $1.5 million in the prior quarter.
  • Across five years, Long-Term Deferred Tax topped out at $54.3 million in Q4 2023 and bottomed at $322000.0 in Q4 2020.
  • Historically, Long-Term Deferred Tax has averaged $16.7 million across 5 years, with a median of $4.2 million in 2019.
  • Annual changes were most pronounced in 2021 — Long-Term Deferred Tax soared 7151.55% — and 2022, when it tumbled 93.67%.
  • Protara Therapeutics' Long-Term Deferred Tax stood at $4.2 million in 2019, then tumbled by 92.29% to $322000.0 in 2020, then jumped by 7151.55% to $23.3 million in 2021, then sank by 93.67% to $1.5 million in 2022, then jumped by 3574.22% to $54.3 million in 2023.
  • Business Quant data shows TARA's Long-Term Deferred Tax at $54.3 million in Q4 2023, $1.5 million in Q4 2022, and $23.3 million in Q4 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertex Pharmaceuticals 128.13 Bn 120.28 Bn 2.84 Bn
2 Regeneron Pharmaceuticals 112.33 Bn 104.33 Bn 3.93 Bn
3 Argenx Se 53.24 Bn 48.05 Bn 1.41 Bn
4 Revolution Medicines 43.64 Bn 43.64 Bn -
5 BeOne Medicines 39.27 Bn 34.17 Bn 1.53 Bn
6 MindWalk Holdings 35.32 Bn 35.31 Bn 1.82 Bn
7 Royalty Pharma 33.72 Bn 35.84 Bn -
8 Alnylam Pharmaceuticals 30.58 Bn 27.27 Bn 992.69 Mn
9 Insmed 27.01 Bn 25.85 Bn 358.27 Mn
10 Protara Therapeutics 234.56 Mn 234.56 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2023 54.31 Mn
Dec 31, 2022 1.48 Mn
Dec 31, 2021 23.35 Mn
Dec 31, 2020 322,000.00
Dec 31, 2019 4.18 Mn
Jun 30, 2017 600,000.00
Mar 31, 2017 600,000.00
Dec 31, 2013 267,000.00