Techprecision (TPCS) Long-Term Deferred Tax (2012 - 2023)

Techprecision (TPCS) recorded quarterly Long-Term Deferred Tax of $2.5 million in Q4 2023, up 10.66% quarter-over-quarter from $2.3 million in Q3 2023, and up 17.78% on a YoY basis from $2.1 million in Q4 2022.

Techprecision (TPCS) Long-Term Deferred Tax (2012 - 2023) Analysis & Trends

Techprecision's Long-Term Deferred Tax history runs 9 years deep, the most recent figure standing at $2.5 million for Q4 2023.

  • In Q4 2023, Long-Term Deferred Tax rose 17.78% year-over-year to $2.5 million; the TTM figure through Dec 2023 stood at $2.5 million (up 17.78% YoY), while the FY2023 annual figure was $1.9 million, down 9.2% from the prior year.
  • Long-Term Deferred Tax was $2.5 million for Q4 2023 at Techprecision, up from $2.3 million in the prior quarter.
  • In the past five years, Long-Term Deferred Tax ranged from a high of $2.5 million in Q4 2023 to a low of $1.9 million in Q2 2021.
  • Historically, Long-Term Deferred Tax has averaged $2.1 million across 5 years, with a median of $2.1 million in 2020.
  • The sharpest annual moves came in 2019 and 2022: Long-Term Deferred Tax decreased 21.02% in 2019, then grew 20.58% in 2022.
  • A 5-year view of Long-Term Deferred Tax shows it stood at $2.1 million in 2019, then dropped by 4.84% to $2.0 million in 2020, then climbed by 15.07% to $2.3 million in 2021, then fell by 8.74% to $2.1 million in 2022, then advanced by 17.78% to $2.5 million in 2023.
  • The last three Long-Term Deferred Tax figures came in at $2.5 million (Q4 2023), $2.3 million (Q3 2023), and $2.1 million (Q2 2023), per Business Quant data.

Peer Comparison

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

Historic Data

Download Data
DateValue
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