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| Date | Value |
|---|---|
| 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 |