Vuzix (VUZI) Long-Term Deferred Tax (2019 - 2023)

Vuzix (VUZI) posted quarterly Long-Term Deferred Tax of $54.5 million for Q4 2023, up 15.71% year-over-year from $47.1 million in Q4 2022, and up 15.71% on a QoQ basis from $47.1 million in Q4 2022.

Vuzix (VUZI) Long-Term Deferred Tax (2019 - 2023) Analysis & Trends

Vuzix (VUZI) has reported Long-Term Deferred Tax for 4 consecutive years, with $54.5 million the latest figure, recorded in Q4 2023.

  • In Q4 2023, Long-Term Deferred Tax rose 15.71% year-over-year to $54.5 million; the TTM figure through Dec 2023 stood at $54.5 million (up 15.71% YoY), while the FY2023 annual figure was $54.5 million, up 15.71% from the prior year.
  • Long-Term Deferred Tax came in at $54.5 million for Q4 2023 at Vuzix, up from $47.1 million in the prior quarter.
  • The five-year high for Long-Term Deferred Tax was $54.5 million in Q4 2023, with the low at $30.9 million in Q4 2019.
  • Average Long-Term Deferred Tax over 4 years is $41.8 million, with a median of $41.0 million recorded in 2020.
  • Across the five-year window, Long-Term Deferred Tax gained 12.57% in 2020 and grew 15.71% in 2023, its largest moves.
  • Year by year, Long-Term Deferred Tax stood at $30.9 million in 2019, then climbed by 12.57% to $34.8 million in 2020, then surged by 35.43% to $47.1 million in 2022, then advanced by 15.71% to $54.5 million in 2023.
  • According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $54.5 million, $47.1 million, and $34.8 million for Q4 2023, Q4 2022, and Q4 2020 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Apple 4,319.52 Bn 4,251.01 Bn 54.78 Bn
2 Sonos 1.61 Bn 1.36 Bn 124.65 Mn
3 Zepp Health 1.32 Bn -101.84 Bn 19.44 Mn
4 Vuzix 214.94 Mn 193.79 Mn 375,000.00
5 UTime 79.34 Mn 37.42 Mn -
6 Universal Electronics 59.18 Mn 29.36 Mn 20.60 Mn
7 Axil Brands 44.10 Mn 38.58 Mn 5.04 Mn
8 Foxx Development Holdings 23.69 Mn 20.50 Mn -1.45 Mn
9 Fenbo Holdings 10.51 Mn 7.81 Mn -
10 Emerson Radio 7.58 Mn -4.72 Mn -122,000.00

Historic Data

Download Data
DateValue
Dec 31, 2023 54.52 Mn
Dec 31, 2022 47.12 Mn
Dec 31, 2020 34.79 Mn
Dec 31, 2019 30.91 Mn