Panasonic Holdings (Panasonic Holdings) Deferred Tax : $-684 Mil (TTM As of Dec. 2023)

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What is Panasonic Holdings Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Panasonic Holdings's change in deferred tax for the three months ended in Dec. 2023 was $196 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Dec. 2023 was $-684 Mil.

Panasonic Holdings Deferred Tax Historical Data

The historical data trend for Panasonic Holdings's Deferred Tax can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Panasonic Holdings Deferred Tax Chart

Panasonic Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Deferred Tax

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1,023.17

473.79

707.70

800.80

268.23

Panasonic Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Deferred Tax	Get a 7-Day Free Trial															238.96	-351.77	-691.63	163.23	196.14

Panasonic Holdings Deferred Tax Calculation

Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-684 Mil.

Panasonic Holdings Deferred Tax Related Terms

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Panasonic Holdings (Panasonic Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Panasonic Holdings Corp (OTCPK:PCRFY) » Definitions » Deferred Tax

Comparable Companies

Traded in Other Exchanges

PCRFF:USA 6752:Japan MAT1:Germany MAT1:Austria

Address

1006, Oaza Kadoma, Kadoma-shi, Osaka, JPN, 571-8501

Website

https://holdings.panasonic

Panasonic Holdings is a conglomerate that has diversified from its consumer electronics roots. It has five main business units: lifestyle (white appliances and housing products); automotive (cockpit systems); connect (BtoB businesses); industry (FA products, electronic materials, and devices); and energy (rechargeable batteries). After the crisis in 2012, former president Kazuhiro Tsuga has focused on shifting the business portfolio to increase the proportion of B2B businesses to mitigate the tough competition in consumer electronics products.