Envoy Medical (COCH) Deferred Taxes (2022 - 2024)
Envoy Medical (COCH) posted Deferred Taxes of -$6000.0 for Q1 2024, up 68.42% sequentially from -$19000.0 in Q4 2023, and up 90.32% YoY from -$3152.5 in Q2 2023.
Envoy Medical (COCH) Deferred Taxes (2022 - 2024) Analysis & Trends
Envoy Medical has reported Deferred Taxes for 3 years, with the latest figure at -$6000.0 in Q1 2024.
- Quarterly Deferred Taxes rose 90.32% year-over-year to -$6000.0 in Q1 2024, while the trailing twelve-month figure through Mar 2024 was -$546000.0 (changed N/A YoY) and the FY2023 annual result came in at -$244000.0, up 53.08% from the prior year.
- Deferred Taxes improved to -$6000.0 in Q1 2024 per COCH's latest filing, from -$19000.0 in the prior quarter.
- Over five years, Deferred Taxes peaked at -$6000.0 in Q1 2024 and troughed at -$459000.0 in Q4 2022.
- A 3-year average of -$136500.0 and a median of -$40500.0 in 2023 frame the typical range for Deferred Taxes.
- The sharpest annual moves came in 2023 and 2024: Deferred Taxes soared 95.86% in 2023, then soared 90.32% in 2024.
- Over 3 years, Deferred Taxes stood at -$459000.0 in 2022, then jumped by 95.86% to -$19000.0 in 2023, then jumped by 68.42% to -$6000.0 in 2024.
- According to Business Quant data, Deferred Taxes over the past three periods registered -$6000.0, -$19000.0, and -$62000.0 for Q1 2024, Q4 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.86 Bn | 195.26 Bn | 7.27 Bn | - |
| 2 | Stryker | 126.19 Bn | 122.72 Bn | 4.50 Bn | 107.00 Mn |
| 3 | Medtronic | 118.36 Bn | 109.14 Bn | 6.41 Bn | -8.00 Mn |
| 4 | Boston Scientific | 73.32 Bn | 72.78 Bn | 3.85 Bn | 17.00 Mn |
| 5 | Edwards Lifesciences | 51.72 Bn | 47.47 Bn | 1.35 Bn | -181.30 Mn |
| 6 | Dexcom | 34.62 Bn | 32.67 Bn | 830.00 Mn | -300,000.00 |
| 7 | GE HealthCare Technologies | 33.68 Bn | 31.57 Bn | 2.18 Bn | - |
| 8 | Koninklijke Philips | 26.18 Bn | 22.86 Bn | 4.55 Bn | 235.96 Mn |
| 9 | Steris | 23.14 Bn | 22.65 Bn | 684.20 Mn | 600,000.00 |
| 10 | Envoy Medical | 76.99 Mn | 57.31 Mn | -227,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -6,000.00 |
| Dec 31, 2023 | -19,000.00 |
| Mar 31, 2023 | -62,000.00 |
| Dec 31, 2022 | -459,000.00 |