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Vision Marine Technologies (Vision Marine Technologies) Deferred Tax : $-0.28 Mil (TTM As of Feb. 2024)


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What is Vision Marine Technologies 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.

Vision Marine Technologies's change in deferred tax for the three months ended in Feb. 2024 was $-0.04 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Feb. 2024 was $-0.28 Mil.


Vision Marine Technologies Deferred Tax Historical Data

The historical data trend for Vision Marine Technologies'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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Vision Marine Technologies Deferred Tax Chart

Vision Marine Technologies Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Deferred Tax
Get a 7-Day Free Trial 0.02 0.02 0.08 0.20 -0.21

Vision Marine Technologies Quarterly Data
Aug18 Feb19 Aug19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Deferred Tax Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 -0.15 -0.05 -0.04 -0.04

Vision Marine Technologies Deferred Tax Calculation

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.

Deferred Tax for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.28 Mil.


* 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.


Vision Marine Technologies Deferred Tax Related Terms

Thank you for viewing the detailed overview of Vision Marine Technologies's Deferred Tax provided by GuruFocus.com. Please click on the following links to see related term pages.


Vision Marine Technologies (Vision Marine Technologies) Business Description

Traded in Other Exchanges
N/A
Address
730 Boulevard du Cure-Boivin, Boisbriand, Montreal, QC, CAN, J7G 2A7
Vision Marine Technologies Inc is in the business of designing and manufacturing electric outboard powertrain systems, power boats, and related technology and the renting of electric boats. The different models of the powerboats and electric boats manufactured by the company includes, Bruce 22, Fantail 217, Volt 180 and others. The company operates in two reportable business segments; Sale of electric boats and Rental of electric boats. The majority of the revenue for the company is generated from its Rental of electric boats segment. Geographically, the company generates revenue from its business in Canada, USA and other countries. A substantial portion of the overall revenue is generated from its business in USA.