Envoy Medical (COCH) Deferred Taxes (2022 - 2024)
Envoy Medical (COCH) reported Deferred Taxes of -$6000.0 for Q1 2024, up 90.32% on a YoY basis from -$3152.5 in Q2 2023, and up 68.42% sequentially from -$19000.0 in Q4 2023.
Envoy Medical (COCH) Deferred Taxes (2022 - 2024) Analysis & Trends
Envoy Medical (COCH) has 3 years of Deferred Taxes data on file, last reported at -$6000.0 in Q1 2024.
- For the quarter ending Q1 2024, Deferred Taxes rose 90.32% year-over-year to -$6000.0; the trailing twelve-month figure through Mar 2024 stood at -$546000.0 (changed N/A YoY), and the FY2023 full-year result was -$244000.0, up 53.08% from the prior year.
- Deferred Taxes improved to -$6000.0 in Q1 2024, from -$19000.0 in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of -$6000.0 in Q1 2024 to a low of -$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.
- Across the five-year window, Deferred Taxes jumped 95.86% in 2023 and jumped 90.32% in 2024, its largest moves.
- Tracing COCH's Deferred Taxes over 3 years: 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.
- Business Quant data shows COCH's Deferred Taxes at -$6000.0 in Q1 2024, -$19000.0 in Q4 2023, and -$62000.0 in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 182.32 Bn | 175.02 Bn | 6.27 Bn | - |
| 2 | Stryker | 128.75 Bn | 125.88 Bn | 3.81 Bn | -33.00 Mn |
| 3 | Medtronic | 107.83 Bn | 98.61 Bn | 6.41 Bn | -8.00 Mn |
| 4 | Boston Scientific | 67.61 Bn | 66.15 Bn | 3.61 Bn | -351.00 Mn |
| 5 | Edwards Lifesciences | 48.13 Bn | 44.45 Bn | 1.29 Bn | -9.40 Mn |
| 6 | Dexcom | 28.26 Bn | 27.14 Bn | 750.30 Mn | 7.30 Mn |
| 7 | GE HealthCare Technologies | 27.78 Bn | 25.50 Bn | 1.98 Bn | - |
| 8 | Smith & Nephew | 26.99 Bn | 26.41 Bn | - | - |
| 9 | Koninklijke Philips | 23.92 Bn | 20.80 Bn | 2.07 Bn | 51.51 Mn |
| 10 | Envoy Medical | 47.34 Mn | 22.09 Mn | -274,000.00 | - |
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 |