United Fire (UFCS) Non-Current Deferred Tax Liability (2010 - 2022)
United Fire (UFCS) posted Non-Current Deferred Tax Liability of $7.3 million for Q1 2022, down 72.89% sequentially from $26.8 million in Q4 2021, and down 70.29% YoY from $24.4 million in Q1 2021.
United Fire (UFCS) Non-Current Deferred Tax Liability (2010 - 2022) Analysis & Trends
United Fire has reported Non-Current Deferred Tax Liability for 13 years, with the latest figure at $7.3 million in Q1 2022.
- Quarterly Non-Current Deferred Tax Liability fell 70.29% year-over-year to $7.3 million in Q1 2022, while the trailing twelve-month figure through Mar 2022 was $7.3 million (down 70.29% YoY) and the FY2021 annual result came in at $26.8 million, down 70.83% from the prior year.
- Non-Current Deferred Tax Liability fell to $7.3 million in Q1 2022 per UFCS's latest filing, from $26.8 million in the prior quarter.
- Over five years, Non-Current Deferred Tax Liability peaked at $91.7 million in Q4 2020 and troughed at $1.1 million in Q3 2018.
- A 5-year average of $20.5 million and a median of $18.1 million in 2021 frame the typical range for Non-Current Deferred Tax Liability.
- The sharpest annual moves came in 2018 and 2019: Non-Current Deferred Tax Liability plunged 96.59% in 2018, then soared 2196.12% in 2019.
- Over 5 years, Non-Current Deferred Tax Liability stood at $1.1 million in 2018, then soared by 1849.43% to $20.6 million in 2019, then jumped by 345.59% to $91.7 million in 2020, then slumped by 70.83% to $26.8 million in 2021, then sank by 72.89% to $7.3 million in 2022.
- According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $7.3 million, $26.8 million, and $18.1 million for Q1 2022, Q4 2021, and Q3 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 135.00 Bn | 121.24 Bn | 9.13 Bn |
| 2 | Progressive | 124.64 Bn | 119.64 Bn | 9.04 Bn |
| 3 | Travelers Companies | 79.47 Bn | 55.72 Bn | 4.83 Bn |
| 4 | Allstate | 67.79 Bn | 29.06 Bn | 16.28 Bn |
| 5 | Fairfax Financial Holdings | 35.33 Bn | 35.33 Bn | - |
| 6 | Cincinnati Financial | 26.79 Bn | 24.90 Bn | 2.39 Bn |
| 7 | Loews | 23.31 Bn | 1.01 Bn | 2.57 Bn |
| 8 | Markel | 23.23 Bn | 6.34 Bn | 2.83 Bn |
| 9 | Assurant | 14.13 Bn | 12.10 Bn | 2.71 Bn |
| 10 | United Fire | 1.39 Bn | 1.25 Bn | 171.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 59.38 Mn |
| Dec 31, 2022 | 59.38 Mn |
| Mar 31, 2022 | 7.25 Mn |
| Mar 31, 2022 | 7.25 Mn |
| Dec 31, 2021 | 26.75 Mn |
| Dec 31, 2021 | 26.75 Mn |
| Sep 30, 2021 | 18.10 Mn |
| Sep 30, 2021 | 18.10 Mn |
| Jun 30, 2021 | 24.51 Mn |
| Jun 30, 2021 | 24.51 Mn |
| Mar 31, 2021 | 24.41 Mn |
| Mar 31, 2021 | 24.41 Mn |
| Dec 31, 2020 | 91.73 Mn |
| Dec 31, 2020 | 91.73 Mn |
| Sep 30, 2020 | 16.51 Mn |
| Sep 30, 2020 | 16.51 Mn |
| Jun 30, 2020 | 14.50 Mn |
| Jun 30, 2020 | 14.50 Mn |
| Mar 31, 2020 | 4.67 Mn |
| Mar 31, 2020 | 4.67 Mn |