Techprecision (TPCS) Long-Term Deferred Tax (2012 - 2023)
Techprecision (TPCS) recorded Long-Term Deferred Tax of $2.49 million in fiscal Q3 2024 (quarter ended Dec 31, 2023), up 17.8% from $2.12 million a year earlier and up 10.7% from the prior quarter.
Techprecision (TPCS) Long-Term Deferred Tax (2012 - 2023) Analysis & Trends
At the end of FY2023 (ended Mar 31, 2023), Techprecision reported Long-Term Deferred Tax of $1.93 million, down 9.2% from FY2022.
- Annual Long-Term Deferred Tax has a five-year compound annual growth rate of -1.2% (FY2018 to FY2023).
- Across earlier fiscal years, Long-Term Deferred Tax came in at $2.13 million in FY2022 (+9.9%), $1.93 million in FY2021 (-8.6%), $2.12 million in FY2020 (+5.5%) and $2 million in FY2019 (-2.1%).
- The fiscal Q3 2024 figure is the highest quarterly Long-Term Deferred Tax since fiscal Q1 2018.
- On a year-over-year basis, Long-Term Deferred Tax rose in five of the last eight quarters, with growth averaging 4.2%.
- Peak year-over-year performance for Long-Term Deferred Tax in the last five years was growth of 20.6% in fiscal Q1 2023, against a decline of 21.0% in fiscal Q1 2020 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $2.25 million (Q2 2024), $2.08 million (Q1 2024) and $1.93 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn |
| 10 | Techprecision | 52.62 Mn | 51.64 Mn | 1.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 2.49 Mn |
| Sep 30, 2023 | 2.25 Mn |
| Jun 30, 2023 | 2.08 Mn |
| Mar 31, 2023 | 1.93 Mn |
| Dec 31, 2022 | 2.12 Mn |
| Sep 30, 2022 | 2.16 Mn |
| Jun 30, 2022 | 2.30 Mn |
| Mar 31, 2022 | 2.13 Mn |
| Dec 31, 2021 | 2.32 Mn |
| Sep 30, 2021 | 1.99 Mn |
| Jun 30, 2021 | 1.91 Mn |
| Mar 31, 2021 | 1.93 Mn |
| Dec 31, 2020 | 2.02 Mn |
| Sep 30, 2020 | 2.04 Mn |
| Jun 30, 2020 | 2.15 Mn |
| Mar 31, 2020 | 2.12 Mn |
| Dec 31, 2019 | 2.12 Mn |
| Sep 30, 2019 | 2.02 Mn |
| Jun 30, 2019 | 1.91 Mn |
| Mar 31, 2019 | 2.00 Mn |
Techprecision Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=TPCS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "TPCS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=TPCS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();