Axis Auto Finance (TSX:AXIS) Deferred Tax : C$-2.57 Mil (TTM As of Mar. 2024)

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What is Axis Auto Finance 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.

Axis Auto Finance's change in deferred tax for the three months ended in Mar. 2024 was C$-0.69 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Mar. 2024 was C$-2.57 Mil.

Axis Auto Finance Deferred Tax Historical Data

The historical data trend for Axis Auto Finance'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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Axis Auto Finance Deferred Tax Chart

Axis Auto Finance Annual Data

Trend

Apr14

Apr15

Apr16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Deferred Tax

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-0.95

-0.13

0.98

0.52

-2.73

Axis Auto Finance 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															-1.59	-0.73	-0.79	-0.35	-0.69

Axis Auto Finance 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 C$-2.57 Mil.

Axis Auto Finance Deferred Tax Related Terms

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Axis Auto Finance (TSX:AXIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Axis Auto Finance Inc (TSX:AXIS) » Definitions » Deferred Tax

Comparable Companies

Traded in Other Exchanges

N/A

Address

165 Galaxy Boulevard, 2nd Floor, Etobicoke, ON, CAN, M9W 0C8

Website

https://www.axisautofinance.com

Axis Auto Finance Inc is a fintech company that is changing the way used vehicles are purchased and financed in Canada. The company's direct-to-consumer website, DriveAxis.ca, enables users to choose their next used vehicle, customize financing terms, and get the car delivered to homes. In addition, the company continues to grow business-to-business non-prime auto loan originations by delivering innovative technology solutions and superior service to its dealer partners.

Executives

Todd Charles Hudson

Senior Officer

Axis Auto Finance (TSX:AXIS) Headlines

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