Take Two Interactive Software (TTWO) Long-Term Deferred Tax (2014 - 2024)
Take Two Interactive Software's (TTWO) quarterly Long-Term Deferred Tax came in at $1.9 million in Q1 2024, down 95.76% YoY from $44.8 million in Q2 2023, and down 73.24% on a QoQ basis from $7.1 million in Q4 2023.
Take Two Interactive Software (TTWO) Long-Term Deferred Tax (2014 - 2024) Analysis & Trends
Take Two Interactive Software (TTWO) has 11 years of Long-Term Deferred Tax data on file, last reported at $1.9 million in Q1 2024.
- Quarterly Long-Term Deferred Tax fell 95.76% year-over-year to $1.9 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $1.9 million (down 95.76% YoY) and the FY2024 annual result came in at $1.9 million, down 95.76% from the prior year.
- Long-Term Deferred Tax fell to $1.9 million in Q1 2024, from $7.1 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $127.3 million in Q4 2020 to a low of $1.9 million in Q1 2024.
- A 5-year average of $78.1 million and a median of $78.4 million in 2021 frame the typical range for Long-Term Deferred Tax.
- Annual changes were most pronounced in 2022 — Long-Term Deferred Tax jumped 59.42% — and 2024, when it tumbled 95.76%.
- Tracing TTWO's Long-Term Deferred Tax over 5 years: stood at $127.3 million in 2020, then plunged by 38.95% to $77.7 million in 2021, then surged by 59.42% to $123.9 million in 2022, then tumbled by 94.27% to $7.1 million in 2023, then tumbled by 73.24% to $1.9 million in 2024.
- The last three Long-Term Deferred Tax figures came in at $1.9 million (Q1 2024), $7.1 million (Q4 2023), and $12.3 million (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | NetEase | 81.78 Bn | -13,107,903.63 Bn | 3.06 Bn |
| 2 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn |
| 3 | Take Two Interactive Software | 44.71 Bn | 42.88 Bn | 882.50 Mn |
| 4 | Roblox | 27.61 Bn | 24.60 Bn | 1.18 Bn |
| 5 | Playtika Holding | 900.12 Mn | 461.62 Mn | 538.20 Mn |
| 6 | DoubleDown Interactive | 637.75 Mn | 182.53 Mn | 71.22 Mn |
| 7 | Gravity | 496.85 Mn | 496.41 Mn | 34,891.11 |
| 8 | Sohu.com | 359.34 Mn | -473.63 Mn | 106.58 Mn |
| 9 | Gdev | 196.54 Mn | 196.54 Mn | - |
| 10 | Meridian Holdings | 179.08 Mn | 161.77 Mn | 26.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 1.90 Mn |
| Dec 31, 2023 | 7.10 Mn |
| Sep 30, 2023 | 12.30 Mn |
| Jun 30, 2023 | 38.10 Mn |
| Mar 31, 2023 | 44.80 Mn |
| Dec 31, 2022 | 123.90 Mn |
| Sep 30, 2022 | 115.90 Mn |
| Jun 30, 2022 | 106.60 Mn |
| Mar 31, 2022 | 73.80 Mn |
| Dec 31, 2021 | 77.72 Mn |
| Sep 30, 2021 | 74.99 Mn |
| Jun 30, 2021 | 78.38 Mn |
| Mar 31, 2021 | 90.21 Mn |
| Dec 31, 2020 | 127.31 Mn |
| Sep 30, 2020 | 117.69 Mn |
| Jun 30, 2020 | 120.89 Mn |
| Mar 31, 2020 | 116.68 Mn |
| Dec 31, 2019 | 110.83 Mn |
| Sep 30, 2019 | 110.17 Mn |
| Jun 30, 2019 | 108.98 Mn |