Universal Insurance Holdings (UVE) Non-Current Deferred Tax Liability (2012 - 2021)
Universal Insurance Holdings (UVE) posted Non-Current Deferred Tax Liability of $4.5 million for Q2 2021, down 67.11% sequentially from $13.7 million in Q2 2020, and down 67.11% YoY from $13.7 million in Q2 2020.
Universal Insurance Holdings (UVE) Non-Current Deferred Tax Liability (2012 - 2021) Analysis & Trends
Universal Insurance Holdings has reported Non-Current Deferred Tax Liability for 9 years, with the latest figure at $4.5 million in Q2 2021.
- Quarterly Non-Current Deferred Tax Liability fell 67.11% year-over-year to $4.5 million in Q2 2021, while the trailing twelve-month figure through Jun 2021 was $4.5 million (down 67.11% YoY) and the FY2017 annual result came in at $19.7 million, down 25.83% from the prior year.
- Non-Current Deferred Tax Liability declined to $4.5 million in Q2 2021 per UVE's latest filing, from $13.7 million in the prior quarter.
- Over five years, Non-Current Deferred Tax Liability peaked at $19.7 million in Q4 2017 and troughed at $2.0 million in Q2 2017.
- A 4-year average of $7.9 million and a median of $4.8 million in 2019 frame the typical range for Non-Current Deferred Tax Liability.
- The sharpest annual moves came in 2020 and 2021: Non-Current Deferred Tax Liability jumped 169.05% in 2020, then plunged 67.11% in 2021.
- Over 4 years, Non-Current Deferred Tax Liability stood at $19.7 million in 2017, then sank by 86.92% to $2.6 million in 2019, then surged by 431.51% to $13.7 million in 2020, then slumped by 67.11% to $4.5 million in 2021.
- According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $4.5 million, $13.7 million, and $2.6 million for Q2 2021, Q2 2020, and Q3 2019 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Chubb | 134.48 Bn | 120.72 Bn | 9.13 Bn |
| 2 | Progressive | 123.71 Bn | 118.71 Bn | 9.04 Bn |
| 3 | Travelers Companies | 79.14 Bn | 55.39 Bn | 4.83 Bn |
| 4 | Allstate | 67.04 Bn | 28.31 Bn | 16.28 Bn |
| 5 | Fairfax Financial Holdings | 35.29 Bn | 35.29 Bn | - |
| 6 | Cincinnati Financial | 26.69 Bn | 24.80 Bn | 2.39 Bn |
| 7 | Loews | 23.25 Bn | 947.16 Mn | 2.57 Bn |
| 8 | Markel | 23.10 Bn | 6.22 Bn | 2.83 Bn |
| 9 | Assurant | 13.92 Bn | 11.89 Bn | 2.71 Bn |
| 10 | Universal Insurance Holdings | 1.18 Bn | 540.49 Mn | 182.47 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2021 | 4.49 Mn |
| Jun 30, 2021 | 4.49 Mn |
| Jun 30, 2020 | 13.67 Mn |
| Jun 30, 2020 | 13.67 Mn |
| Sep 30, 2019 | 2.57 Mn |
| Sep 30, 2019 | 2.57 Mn |
| Jun 30, 2019 | 5.08 Mn |
| Jun 30, 2019 | 5.08 Mn |
| Dec 31, 2017 | 19.66 Mn |
| Dec 31, 2017 | 19.66 Mn |
| Jun 30, 2017 | 2.04 Mn |
| Jun 30, 2017 | 2.04 Mn |
| Dec 31, 2016 | 26.50 Mn |
| Dec 31, 2016 | 26.50 Mn |
| Dec 31, 2015 | 23.50 Mn |
| Dec 31, 2015 | 23.50 Mn |
| Dec 31, 2014 | 10.40 Mn |
| Dec 31, 2014 | 10.40 Mn |
| Dec 31, 2013 | 6.69 Mn |
| Dec 31, 2013 | 6.69 Mn |