Advanced Drainage Systems (WMS) Current Deferred Tax Assets (2014 - 2017)

Advanced Drainage Systems (WMS) has reported Current Deferred Tax Assets for 4 consecutive years, with $6.7 million the latest figure, recorded in Q1 2017.

• For the quarter ending Q1 2017, Current Deferred Tax Assets fell 56.94% year-over-year to $6.7 million; the trailing twelve-month figure through Mar 2017 stood at $6.7 million (down 56.94% YoY), and the FY2017 full-year result was $6.7 million, down 56.94% from the prior year.
• Current Deferred Tax Assets climbed to $6.7 million in Q1 2017 per WMS's latest filing, from $5.5 million in the prior quarter.
• Across five years, Current Deferred Tax Assets topped out at $29.5 million in Q3 2015 and bottomed at $5.5 million in Q4 2016.
• Historically, Current Deferred Tax Assets has averaged $16.5 million across 4 years, with a median of $14.5 million in 2014.
• The sharpest annual moves came in 2015 and 2016: Current Deferred Tax Assets soared 114.81% in 2015, then plunged 79.65% in 2016.
• Over 4 years, Current Deferred Tax Assets stood at $14.4 million in 2014, then soared by 86.58% to $26.9 million in 2015, then slumped by 79.65% to $5.5 million in 2016, then increased by 23.0% to $6.7 million in 2017.
• According to Business Quant data, Current Deferred Tax Assets over the past three periods registered $6.7 million, $5.5 million, and $7.6 million for Q1 2017, Q4 2016, and Q3 2016 respectively.