NIC (FRA:NAI) Deferred Tax : €-1.2 Mil (TTM As of Dec. 2020)

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What is NIC 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.

NIC's change in deferred tax for the three months ended in Dec. 2020 was €-1.0 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Dec. 2020 was €-1.2 Mil.

NIC Deferred Tax Historical Data

The historical data trend for NIC'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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NIC Deferred Tax Chart

NIC Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Deferred Tax

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-0.84

1.39

1.27

1.51

-1.22

NIC Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Deferred Tax	Get a 7-Day Free Trial															0.20	0.55	-0.29	-0.48	-0.99

NIC Deferred Tax Calculation

Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.2 Mil.

NIC Deferred Tax Related Terms

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NIC (FRA:NAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NIC Inc (FRA:NAI) » Definitions » Deferred Tax

Comparable Companies

Traded in Other Exchanges

N/A

Address

25501 West Valley Parkway, Suite 300, Olathe, KS, USA, 66061

Website

https://www.egov.com

NIC Inc is a leading provider of digital government services that help governments use technology to provide a higher level of service to businesses and citizens and increase efficiencies. The company has two operating channels: state enterprise businesses and software and services businesses. In State enterprise businesses, the company enters into long-term contracts with state and local governments to design, build and operate Internet-based, enterprise-wide portals on their behalf, the software and services businesses provide software development and payment processing services, other than outsourced portal services, to state and local governments as well as federal agencies. It generates a majority of its revenue from the State Enterprise.

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