Tejon Ranch (TRC) Long-Term Deferred Tax (2011 - 2020)
Tejon Ranch (TRC) reported Long-Term Deferred Tax of $1.27 million for Q3 2020, down 34.8% from $1.95 million a year earlier and down 5.8% from the prior quarter.
Tejon Ranch (TRC) Long-Term Deferred Tax (2011 - 2020) Analysis & Trends
At the end of FY2019, Tejon Ranch posted Long-Term Deferred Tax of $713,000, down 42.0% from FY2018.
- Long-Term Deferred Tax has declined for four consecutive years, with a five-year compound annual growth rate of -31.1% (FY2014 to FY2019).
- By year, Long-Term Deferred Tax came in at $1.23 million in FY2018 (-21.3%), $1.56 million in FY2017 (-31.6%), $2.28 million in FY2016 (-51.0%) and $4.66 million in FY2015 (+1.8%).
- Five-year quarterly Long-Term Deferred Tax spans a low of $713,000 in Q4 2019 and a high of $5.73 million in Q2 2016.
- Year over year, Long-Term Deferred Tax has now declined in each of the last four quarters, with an average decline of 2.4% over the last eight quarters.
- The high point for year-over-year Long-Term Deferred Tax in five years was Q3 2016 (growth of 98.2%); the low point was Q2 2017 (a decline of 73.8%).
- Per Business Quant data, the three quarters before Q3 2020 came in at $1.35 million (Q2 2020), $1.25 million (Q1 2020) and $713,000 (Q4 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 22.47 Bn | 21.30 Bn | - |
| 2 | Eason Technology | 6.75 Bn | 6.75 Bn | - |
| 3 | LandBridge | 6.25 Bn | 6.60 Bn | 65.71 Mn |
| 4 | Millrose Properties | 4.01 Bn | 4.01 Bn | - |
| 5 | St Joe | 3.75 Bn | 3.25 Bn | 73.42 Mn |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.85 Bn | 2.85 Bn | - |
| 7 | Opendoor Technologies | 2.30 Bn | -1.52 Bn | 86.00 Mn |
| 8 | Forestar | 1.31 Bn | -34.86 Mn | 84.10 Mn |
| 9 | Five Point Holdings | 693.74 Mn | 722.51 Mn | -23.72 Mn |
| 10 | Tejon Ranch | 438.56 Mn | 373.54 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2020 | 1.27 Mn |
| Jun 30, 2020 | 1.35 Mn |
| Mar 31, 2020 | 1.25 Mn |
| Dec 31, 2019 | 713,000.00 |
| Sep 30, 2019 | 1.95 Mn |
| Jun 30, 2019 | 1.71 Mn |
| Mar 31, 2019 | 1.34 Mn |
| Dec 31, 2018 | 1.23 Mn |
| Sep 30, 2018 | 1.15 Mn |
| Jun 30, 2018 | 1.25 Mn |
| Mar 31, 2018 | 1.35 Mn |
| Dec 31, 2017 | 1.56 Mn |
| Sep 30, 2017 | 1.46 Mn |
| Jun 30, 2017 | 1.50 Mn |
| Mar 31, 2017 | 2.12 Mn |
| Dec 31, 2016 | 2.28 Mn |
| Sep 30, 2016 | 4.79 Mn |
| Jun 30, 2016 | 5.73 Mn |
| Mar 31, 2016 | 5.39 Mn |
| Dec 31, 2015 | 4.66 Mn |
Tejon Ranch 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=TRC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "TRC", "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=TRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();