Take Two Interactive Software (TTWO) Long-Term Deferred Tax (2018 - 2024)
Take Two Interactive Software's (TTWO) quarterly Long-Term Deferred Tax came in at $1.9 million in Q1 2024, down 95.76% on a YoY basis from $44.8 million in Q2 2023, and down 73.24% quarter-over-quarter from $7.1 million in Q4 2023.
Analysis
Take Two Interactive Software (TTWO) Long-Term Deferred Tax (2018 - 2024) Analysis & Trends
Take Two Interactive Software (TTWO) has reported Long-Term Deferred Tax for 7 consecutive years, with $1.9 million the latest figure, recorded in Q1 2024.
- For the quarter ending Q1 2024, Long-Term Deferred Tax fell 95.76% year-over-year to $1.9 million; the trailing twelve-month figure through Mar 2024 stood at $1.9 million (down 95.76% YoY), and the FY2024 full-year result was $1.9 million, down 95.76% from the prior year.
- Long-Term Deferred Tax eased to $1.9 million in Q1 2024 per TTWO's latest filing, from $7.1 million in the prior quarter.
- Across five years, Long-Term Deferred Tax topped out at $127.3 million in Q4 2020 and bottomed at $1.9 million in Q1 2024.
- Historically, Long-Term Deferred Tax has averaged $78.1 million across 5 years, with a median of $78.4 million in 2021.
- The sharpest annual moves came in 2022 and 2024: Long-Term Deferred Tax surged 59.42% in 2022, then plunged 95.76% in 2024.
- Over 5 years, Long-Term Deferred Tax stood at $127.3 million in 2020, then slumped by 38.95% to $77.7 million in 2021, then jumped by 59.42% to $123.9 million in 2022, then sank by 94.27% to $7.1 million in 2023, then sank by 73.24% to $1.9 million in 2024.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $1.9 million, $7.1 million, and $12.3 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | NetEase | 73.81 Bn | 63.67 Bn | 3.13 Bn |
| 2 | Electronic Arts | 52.84 Bn | 50.56 Bn | 1.71 Bn |
| 3 | Take Two Interactive Software | 40.29 Bn | 38.47 Bn | 882.50 Mn |
| 4 | Roblox | 32.49 Bn | 29.45 Bn | 1.18 Bn |
| 5 | The9 | 3.01 Bn | 3.00 Bn | 319,000.00 |
| 6 | Playtika Holding | 881.03 Mn | 442.53 Mn | 538.20 Mn |
| 7 | DoubleDown Interactive | 628.34 Mn | 74.78 Mn | 71.22 Mn |
| 8 | Gravity | 495.39 Mn | 494.95 Mn | 34,891.11 |
| 9 | Sohu.com | 356.62 Mn | -476.01 Mn | 133.81 Mn |
| 10 | Gdev | 206.92 Mn | 124.67 Mn | - |
Historic Data
Download Data
Historic 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 |