Akita Drilling (TSX:AKT.A) Deferred Tax : C$0.1 Mil (TTM As of Dec. 2023)

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What is Akita Drilling 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.

Akita Drilling's change in deferred tax for the three months ended in Dec. 2023 was C$-0.2 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.1 Mil.

Akita Drilling Deferred Tax Historical Data

The historical data trend for Akita Drilling'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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Akita Drilling Deferred Tax Chart

Akita Drilling Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Deferred Tax

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-4.87

-9.31

-0.79

-0.75

0.13

Akita Drilling 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															-0.08	-0.08	-0.44	0.82	-0.17

Akita Drilling 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 C$0.1 Mil.

Akita Drilling Deferred Tax Related Terms

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Akita Drilling (TSX:AKT.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Akita Drilling Ltd (TSX:AKT.A) » Definitions » Deferred Tax

Comparable Companies

Traded in Other Exchanges

AKTAF:USA 774:Germany AKT.B:Canada

Address

333-7th Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 2Z1

Website

https://www.akita-drilling.com

Akita Drilling Ltd is a Canadian oil and gas drilling contractor. The company is engaged in providing contract drilling services, primarily to the oil and gas industry, in Canada and the United States. The company owns and operates over 35 drilling rigs. It is also involved in the drilling related to potash mining and the development of storage caverns.

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