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Michang Oil Ind Co (XKRX:003650) Deferred Tax : ₩13,124 Mil (TTM As of Mar. 2024)


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What is Michang Oil Ind Co 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.

Michang Oil Ind Co's change in deferred tax for the three months ended in Mar. 2024 was ₩4,743 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Mar. 2024 was ₩13,124 Mil.

Michang Oil Ind Co Deferred Tax Historical Data

The historical data trend for Michang Oil Ind Co'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.

* Premium members only.

Michang Oil Ind Co Deferred Tax Chart

Michang Oil Ind Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Deferred Tax
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,651.91 3,744.71 11,253.96 8,370.57 12,999.08

Michang Oil Ind Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,617.84 4,976.06 1,695.33 1,709.85 4,742.63

Michang Oil Ind Co Deferred Tax Calculation

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.

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 ₩13,124 Mil.


* 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.

Michang Oil Ind Co Deferred Tax Related Terms

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Michang Oil Ind Co (XKRX:003650) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Michang Oil Ind Co Ltd (XKRX:003650) » Definitions » Deferred Tax
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Traded in Other Exchanges
N/A
Address
241, Haeyang-ro, Yeongdo-gu, Busan, KOR
Website
http://www.michang.co.kr
Michang Oil Ind Co Ltd is engaged in the petrochemical business in South Korea. It offers automotive lubricants, including premium motor, gasoline motor, diesel motor, and automotive gear oils, as well as auto transmission fluids and other application motor oils; and industrial lubricants, such as turbine, hydraulic, compressor, and industrial gear oils, as well as heat transfer fluids.

Michang Oil Ind Co (XKRX:003650) Headlines

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