Findev (Findev) Deferred Tax : $0.80 Mil (TTM As of Mar. 2024)

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What is Findev 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.

Findev's change in deferred tax for the three months ended in Mar. 2024 was $0.22 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Mar. 2024 was $0.80 Mil.

Findev Deferred Tax Historical Data

The historical data trend for Findev'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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Findev Deferred Tax Chart

Findev Annual Data

Trend

May14

May15

May16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Deferred Tax

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-2.35

0.54

0.73

Findev Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Deferred Tax	Get a 7-Day Free Trial															0.14	0.14	0.21	0.24	0.22

Findev Deferred Tax Calculation

Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.80 Mil.

Findev Deferred Tax Related Terms

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Findev (Findev) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Findev Inc (OTCPK:TNSGF) » Definitions » Deferred Tax

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FDI:Canada

Address

10 Wanless Avenue, Suite 200, Toronto, ON, CAN, M4N 1V6

Website

https://www.findev.ca

Findev Inc is a real estate financing company that lends money to real estate projects that are identified as uniquely positioned to generate above-average returns in a two to three-year timeframe. It focuses on lending to residential and retail development projects within the Greater Toronto Area. It focuses on real estate projects that include condominiums, purpose-built rentals, townhouses, low-rise/subdivisions, and retail developments.