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BDMD (Baird Medical Investment Holdings) Deferred Tax : $-0.54 Mil (TTM As of Dec. 2023)


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What is Baird Medical Investment Holdings 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.

Baird Medical Investment Holdings's change in deferred tax for the six months ended in Dec. 2023 was $-0.54 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.54 Mil.

Baird Medical Investment Holdings Deferred Tax Historical Data

The historical data trend for Baird Medical Investment Holdings'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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Baird Medical Investment Holdings Deferred Tax Chart

Baird Medical Investment Holdings Annual Data
Trend Dec21 Dec22 Dec23
Deferred Tax
-0.05 -0.14 -0.54

Baird Medical Investment Holdings Semi-Annual Data
Dec21 Dec22 Dec23
Deferred Tax -0.05 -0.14 -0.54

Baird Medical Investment Holdings 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Deferred Tax for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.54 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.

Baird Medical Investment Holdings Deferred Tax Related Terms

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Baird Medical Investment Holdings Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Baird Medical Investment Holdings Ltd (NAS:BDMD) » Definitions » Deferred Tax
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Traded in Other Exchanges
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Address
No.15 Rongtong Street, Room 202, 2nd Floor, Baide Building, Building 11, Yuexiu, Guangzhou, CHN
Website
Baird Medical Investment Holdings Ltd is one of the microwave ablation medical device developers and providers in the PRC for minimally invasive treatment of tumors. Its proprietary medical devices are used for the treatment of benign and malignant tumors, including thyroid nodules, liver cancer, lung cancer and breast lumps. Microwave ablation is a minimally invasive treatment technique that denaturalizes and coagulates the protein of tumor cells with extreme heat generated by microwave energy. Microwave ablation treatments have been applied to benign and malignant tumors, and the company believes the products are safer, minimally invasive and easier to operate with faster recovery periods and lower complication rates for patients, as compared to traditional treatment methods.

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