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

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

• For the quarter ending Q1 2017, Current Deferred Tax Assets fell 42.37% year-over-year to $6.7 million; the trailing twelve-month figure through Mar 2017 stood at $6.7 million (down 42.37% YoY), and the FY2017 full-year result was $6.7 million, down 42.37% from the prior year.
• Current Deferred Tax Assets for Q1 2017 stood at $6.7 million, up from $5.5 million in the prior quarter.
• The five-year high for Current Deferred Tax Assets was $29.5 million in Q3 2015, with the low at $5.5 million in Q4 2016.
• Historically, Current Deferred Tax Assets has averaged $16.2 million across 4 years, with a median of $14.4 million in 2014.
• Annual changes were most pronounced in 2015 — Current Deferred Tax Assets surged 114.81% — and 2016, when it tumbled 79.65%.
• Advanced Drainage Systems' Current Deferred Tax Assets stood at $14.4 million in 2014, then jumped by 86.58% to $26.9 million in 2015, then plunged by 79.65% to $5.5 million in 2016, then climbed by 23.0% to $6.7 million in 2017.
• The last three Current Deferred Tax Assets figures came in at $6.7 million (Q1 2017), $5.5 million (Q4 2016), and $7.6 million (Q3 2016), per Business Quant data.