Vir Biotechnology (VIR) Non-Current Deferred Tax Liability (2018 - 2023)
Vir Biotechnology (VIR) posted Non-Current Deferred Tax Liability of $3.3 million for Q1 2023, little changed sequentially from $3.3 million in Q4 2022, and down 82.36% YoY from $18.4 million in Q1 2022.
Analysis
Vir Biotechnology (VIR) Non-Current Deferred Tax Liability (2018 - 2023) Analysis & Trends
Vir Biotechnology has reported Non-Current Deferred Tax Liability for 6 years, with the latest figure at $3.3 million in Q1 2023.
- Quarterly Non-Current Deferred Tax Liability fell 82.36% year-over-year to $3.3 million in Q1 2023, while the trailing twelve-month figure through Mar 2023 was $3.3 million (down 82.36% YoY) and the FY2022 annual result came in at $3.3 million, down 82.36% from the prior year.
- Non-Current Deferred Tax Liability held at $3.3 million in Q1 2023 per VIR's latest filing, from $3.3 million in the prior quarter.
- Over five years, Non-Current Deferred Tax Liability peaked at $18.4 million in Q4 2021 and troughed at $3.3 million in Q4 2020.
- A 5-year average of $7.3 million and a median of $3.3 million in 2019 frame the typical range for Non-Current Deferred Tax Liability.
- The sharpest annual moves came in 2021 and 2022: Non-Current Deferred Tax Liability jumped 466.83% in 2021, then plunged 82.36% in 2022.
- Over 5 years, Non-Current Deferred Tax Liability stood at $3.3 million in 2019, then declined by 1.57% to $3.3 million in 2020, then surged by 466.83% to $18.4 million in 2021, then slumped by 82.36% to $3.3 million in 2022, then changed by 0.0% to $3.3 million in 2023.
- According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $3.3 million, $3.3 million, and $18.4 million for Q1 2023, Q4 2022, and Q3 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 138.47 Bn | 130.62 Bn | 2.84 Bn |
| 2 | Regeneron Pharmaceuticals | 85.18 Bn | 77.19 Bn | 3.93 Bn |
| 3 | Argenx Se | 63.38 Bn | 58.19 Bn | 1.37 Bn |
| 4 | Moderna | 58.09 Bn | 52.95 Bn | 52.00 Mn |
| 5 | Revolution Medicines | 44.33 Bn | 44.33 Bn | - |
| 6 | BeOne Medicines | 40.02 Bn | 34.92 Bn | 1.53 Bn |
| 7 | Alnylam Pharmaceuticals | 35.57 Bn | 32.27 Bn | 992.69 Mn |
| 8 | Royalty Pharma | 28.45 Bn | 27.61 Bn | - |
| 9 | Insmed | 27.48 Bn | 26.32 Bn | 358.27 Mn |
| 10 | Vir Biotechnology | 1.92 Bn | 1.92 Bn | 238.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 3.25 Mn |
| Dec 31, 2022 | 3.25 Mn |
| Sep 30, 2022 | 18.44 Mn |
| Jun 30, 2022 | 18.44 Mn |
| Mar 31, 2022 | 18.44 Mn |
| Dec 31, 2021 | 18.44 Mn |
| Sep 30, 2021 | 3.25 Mn |
| Jun 30, 2021 | 3.25 Mn |
| Mar 31, 2021 | 3.25 Mn |
| Dec 31, 2020 | 3.25 Mn |
| Sep 30, 2020 | 3.31 Mn |
| Jun 30, 2020 | 3.31 Mn |
| Mar 31, 2020 | 3.31 Mn |
| Dec 31, 2019 | 3.31 Mn |
| Sep 30, 2019 | 3.31 Mn |
| Dec 31, 2018 | 3.31 Mn |