What does deferred tax mean?

Total change in deferred tax assets and liabilities, representing the net deferred tax impact across all jurisdictions.

Valhi VHI Deferred Tax

Chemicals$8.5M+240%

Revenue$560.1M+4.0%

Gross profit$103.0M-15.9%

Net income$2.0M-88.2%

EPS (diluted)$0.07-88.1%

Cash & equivalents$193.7M-0.4%

Total debt$629.3M+2.9%

Total equity$1.0B-3.5%

Total assets$2.6B-5.3%

Operating cash flow-$46.1M+70.4%

CapEx$10.6M-17.2%

Free cash flow-$56.7M+66.4%

Market cap$375.29M-15.1%

Enterprise value$810.89M-5.6%

P/S0.2×0.0×

Gross margin13.1%-8.7pp

Net margin-3.5%-9.0pp

FCF margin12.9%—

Return on equity-6.9%-18.7pp

Debt / equity0.6×0.0×

Current ratio3.2×+0.6×

What does deferred tax mean?: Total change in deferred tax assets and liabilities, representing the net deferred tax impact across all jurisdictions.