Tennant (TNC) Long-Term Deferred Tax (2010 - 2021)
Tennant's (TNC) quarterly Long-Term Deferred Tax came in at $22.3 million in Q1 2021, down 18.91% YoY from $27.5 million in Q1 2020, and down 10.8% on a QoQ basis from $25.0 million in Q4 2020.
Tennant (TNC) Long-Term Deferred Tax (2010 - 2021) Analysis & Trends
Tennant (TNC) has 12 years of Long-Term Deferred Tax data on file, last reported at $22.3 million in Q1 2021.
- Quarterly Long-Term Deferred Tax fell 18.91% year-over-year to $22.3 million in Q1 2021, while the trailing twelve-month figure through Mar 2021 was $22.3 million (down 18.91% YoY) and the FY2020 annual result came in at $25.0 million, down 14.38% from the prior year.
- Long-Term Deferred Tax fell to $22.3 million in Q1 2021, from $25.0 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $31.3 million in Q4 2018 to a low of $13.7 million in Q2 2018.
- A 5-year average of $23.2 million and a median of $25.0 million in 2020 frame the typical range for Long-Term Deferred Tax.
- Annual changes were most pronounced in 2018 — Long-Term Deferred Tax slumped 31.93% — and 2019, when it jumped 113.54%.
- Tracing TNC's Long-Term Deferred Tax over 5 years: stood at $27.4 million in 2017, then climbed by 14.23% to $31.3 million in 2018, then fell by 6.71% to $29.2 million in 2019, then declined by 14.38% to $25.0 million in 2020, then dropped by 10.8% to $22.3 million in 2021.
- The last three Long-Term Deferred Tax figures came in at $22.3 million (Q1 2021), $25.0 million (Q4 2020), and $22.2 million (Q3 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 256.94 Bn | 243.82 Bn | 2.36 Bn |
| 2 | Eaton | 163.14 Bn | 162.45 Bn | 2.86 Bn |
| 3 | Parker-Hannifin | 126.50 Bn | 126.02 Bn | 2.02 Bn |
| 4 | Emerson Electric | 87.87 Bn | 85.69 Bn | 2.66 Bn |
| 5 | Cummins | 81.13 Bn | 76.46 Bn | 2.47 Bn |
| 6 | Illinois Tool Works | 80.86 Bn | 80.02 Bn | 1.90 Bn |
| 7 | Ametek | 54.87 Bn | 54.38 Bn | 735.04 Mn |
| 8 | Rockwell Automation | 48.51 Bn | 48.03 Bn | 1.14 Bn |
| 9 | Ingersoll Rand | 31.31 Bn | 30.14 Bn | 862.60 Mn |
| 10 | Tennant | 1.17 Bn | 1.09 Bn | 127.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2021 | 22.30 Mn |
| Dec 31, 2020 | 25.00 Mn |
| Sep 30, 2020 | 22.20 Mn |
| Jun 30, 2020 | 25.70 Mn |
| Mar 31, 2020 | 27.50 Mn |
| Dec 31, 2019 | 29.20 Mn |
| Sep 30, 2019 | 27.00 Mn |
| Jun 30, 2019 | 29.30 Mn |
| Mar 31, 2019 | 27.00 Mn |
| Dec 31, 2018 | 31.30 Mn |
| Sep 30, 2018 | 15.06 Mn |
| Jun 30, 2018 | 13.72 Mn |
| Mar 31, 2018 | 14.83 Mn |
| Dec 31, 2017 | 27.40 Mn |
| Sep 30, 2017 | 19.86 Mn |
| Jun 30, 2017 | 20.16 Mn |
| Mar 31, 2017 | 16.28 Mn |
| Dec 31, 2016 | 24.40 Mn |
| Sep 30, 2016 | 13.22 Mn |
| Jun 30, 2016 | 14.10 Mn |