Techprecision (TPCS) Deferred Taxes (2010 - 2024)
Techprecision (TPCS) posted quarterly Deferred Taxes of $2.5 million for Q1 2024, up 1023.17% year-over-year from $222050.7 in Q2 2023, and up 1139.17% quarter-over-quarter from -$240000.0 in Q4 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 1023.17% year-over-year to $2.5 million; the TTM figure through Mar 2024 stood at $1.9 million (up 838.79% YoY), while the FY2024 annual figure was $1.9 million, up 838.79% from the prior year.
- Deferred Taxes for Q1 2024 stood at $2.5 million, up from -$240000.0 in the prior quarter.
- The five-year high for Deferred Taxes was $2.5 million in Q1 2024, with the low at -$334531.0 in Q4 2021.
- The 5-year median for Deferred Taxes is -$13369.0 (2020), against an average of $98086.8.
- The sharpest annual moves came in 2021 and 2024: Deferred Taxes plunged 2402.29% in 2021, then jumped 1023.17% in 2024.
- Techprecision's Deferred Taxes stood at -$13369.0 in 2020, then slumped by 2402.29% to -$334531.0 in 2021, then surged by 114.05% to $46990.0 in 2022, then plunged by 610.75% to -$240000.0 in 2023, then surged by 1139.17% to $2.5 million in 2024.
- Business Quant data shows TPCS's Deferred Taxes at $2.5 million in Q1 2024, -$240000.0 in Q4 2023, and -$176570.0 in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 28.21 Bn | 27.43 Bn | 309.80 Mn | 12.00 Mn |
| 2 | Carpenter Technology | 24.67 Bn | 24.27 Bn | 268.90 Mn | 8.40 Mn |
| 3 | Mueller Industries | 13.79 Bn | 12.38 Bn | 395.35 Mn | 1.07 Mn |
| 4 | Commercial Metals | 7.30 Bn | 6.74 Bn | 455.14 Mn | -4.02 Mn |
| 5 | Esab | 5.00 Bn | 4.79 Bn | 307.21 Mn | - |
| 6 | Gpgi | 3.72 Bn | 3.71 Bn | - | -5.10 Mn |
| 7 | Worthington Enterprises | 2.78 Bn | 2.75 Bn | 101.89 Mn | 627,000.00 |
| 8 | Proto Labs | 1.89 Bn | 1.75 Bn | 69.34 Mn | 1.66 Mn |
| 9 | Ryerson Holding | 1.29 Bn | 1.25 Bn | 355.20 Mn | 2.50 Mn |
| 10 | Techprecision | 57.57 Mn | 57.27 Mn | 1.40 Mn | - |
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 | -270,157.00 |
| Dec 31, 2022 | 46,990.00 |
| Sep 30, 2022 | 135,509.00 |
| Jun 30, 2022 | -173,714.00 |
| Mar 31, 2022 | 194,058.00 |
| 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 |