Techprecision (TPCS) Deferred Taxes (2010 - 2024)

Techprecision (TPCS) recorded quarterly Deferred Taxes of $2.5 million in Q1 2024, up 1139.17% quarter-over-quarter from -$240000.0 in Q4 2023, and up 1235.12% on a YoY basis from $186799.0 in Q2 2023.

Techprecision (TPCS) Deferred Taxes (2010 - 2024) Analysis & Trends

Techprecision's Deferred Taxes history runs 12 years deep, the most recent figure standing at $2.5 million for Q1 2024.

  • In Q1 2024, Deferred Taxes rose 1235.12% year-over-year to $2.5 million; the TTM figure through Mar 2024 stood at $1.9 million (up 887.3% YoY), while the FY2024 annual figure was $1.9 million, up 887.3% from the prior year.
  • Deferred Taxes was $2.5 million for Q1 2024 at Techprecision, up from -$240000.0 in the prior quarter.
  • In the past five years, Deferred Taxes ranged from a high of $2.5 million in Q1 2024 to a low of -$334531.0 in Q4 2021.
  • Historically, Deferred Taxes has averaged $102901.6 across 5 years, with a median of -$13369.0 in 2020.
  • The sharpest annual moves came in 2021 and 2024: Deferred Taxes sank 2402.29% in 2021, then jumped 1235.12% in 2024.
  • A 5-year view of Deferred Taxes shows it stood at -$13369.0 in 2020, then tumbled by 2402.29% to -$334531.0 in 2021, then soared by 114.05% to $46990.0 in 2022, then sank by 610.75% to -$240000.0 in 2023, then soared by 1139.17% to $2.5 million in 2024.
  • The last three Deferred Taxes figures came in at $2.5 million (Q1 2024), -$240000.0 (Q4 2023), and -$176570.0 (Q3 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Carpenter Technology 29.34 Bn 29.04 Bn 251.80 Mn 4.10 Mn
2 Ati 27.51 Bn 27.23 Bn 262.90 Mn 5.50 Mn
3 Mueller Industries 14.99 Bn 13.61 Bn 358.44 Mn 2.04 Mn
4 Commercial Metals 8.04 Bn 7.54 Bn 387.91 Mn 10.93 Mn
5 Esab 6.48 Bn 6.34 Bn 257.79 Mn -27.96 Mn
6 Gpgi 3.86 Bn 3.85 Bn - 13.70 Mn
7 Worthington Enterprises 2.96 Bn 2.95 Bn 109.47 Mn -
8 Proto Labs 1.93 Bn 1.79 Bn 63.59 Mn 2.39 Mn
9 Ryerson Holding 1.17 Bn 1.15 Bn 288.80 Mn 4.70 Mn
10 Techprecision 33.20 Mn 33.13 Mn 381,000.00 -

Historic Data

Download Data
DateValue
Mar 31, 2024 2.49 Mn
Dec 31, 2023 -240,000.00
Sep 30, 2023 -176,570.00
Jun 30, 2023 -146,430.00
Mar 31, 2023 186,799.00
Dec 31, 2022 46,990.00
Sep 30, 2022 135,509.00
Jun 30, 2022 -173,714.00
Mar 31, 2022 -181,046.00
Dec 31, 2021 -334,531.00
Sep 30, 2021 -78,462.00
Jun 30, 2021 26,580.00
Mar 31, 2021 87,578.00
Dec 31, 2020 -13,369.00
Sep 30, 2020 111,302.00
Jun 30, 2020 -37,360.00
Mar 31, 2020 42,051.00
Dec 31, 2019 -97,734.00
Sep 30, 2019 -107,576.00
Jun 30, 2019 90,218.00