Methode Electronics (STU:ME5A) Deferred Tax : €-16 Mil (TTM As of Oct. 2024)

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What is Methode Electronics 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.

Methode Electronics's change in deferred tax for the three months ended in Oct. 2024 was €3 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Oct. 2024 was €-16 Mil.

Methode Electronics Deferred Tax Historical Data

The historical data trend for Methode Electronics'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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Methode Electronics Deferred Tax Chart

Methode Electronics Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Deferred Tax

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7.36

-8.03

-1.95

-4.20

-19.39

Methode Electronics Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Deferred Tax	Get a 7-Day Free Trial															-0.47	-2.75	-15.66	-0.46	2.75

Methode Electronics Deferred Tax Calculation

Deferred Tax for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-16 Mil.

Methode Electronics Deferred Tax Related Terms

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Methode Electronics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Methode Electronics Inc (STU:ME5A) » Definitions » Deferred Tax

Comparable Companies

Traded in Other Exchanges

MEI:USA

Address

8750 West Bryn Mawr Avenue, Suite 1000, Chicago, IL, USA, 60631-3518

Website

https://www.methode.com

Methode Electronics Inc makes component and subsystem devices employing electrical, radio remote control, electronic, wireless, and sensing technologies. The firm is organized into various business segments: Automotive, Industrial, Interface, and Medical. The Automotive segment which generates maximum revenue, supplies electronic and electro-mechanical devices and related products to automobiles. The products manufactured in the automotive segment include overhead and center consoles, hidden and ergonomic switches, insert molded components, LED-based lighting, and sensors. Geographically, the company generates maximum revenue from North America and the rest from Europe, the Middle East & Africa (EMEA), and Asia.

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