KORU Medical Systems (KRMD) Deferred Taxes (2010 - 2023)
KORU Medical Systems' (KRMD) quarterly Deferred Taxes came in at $5.4 million in Q4 2023, up 1319.08% year-on-year from $383706.9 in Q4 2022, and up 1913.54% on a QoQ basis from -$300248.0 in Q3 2023.
KORU Medical Systems (KRMD) Deferred Taxes (2010 - 2023) Analysis & Trends
KORU Medical Systems (KRMD) has 7 years of Deferred Taxes data on file, last reported at $5.4 million in Q4 2023.
- On a quarterly basis, Deferred Taxes rose 1319.08% year-over-year to $5.4 million in Q4 2023; TTM through Dec 2023 was $4.0 million, a 295.81% increase from a year earlier, with the FY2023 full-year figure at $4.0 million, up 295.81% from the prior year.
- Deferred Taxes for Q4 2023 stood at $5.4 million, up from -$300248.0 in the prior quarter.
- Over the last five years, Deferred Taxes for KRMD reached as high as $5.4 million in Q4 2023 and fell as low as -$943211.0 in Q1 2021.
- Historically, Deferred Taxes has averaged $11765.1 across 4 years, with a median of -$285874.0 in 2022.
- Across the five-year window, Deferred Taxes sank 1426.5% in 2021 and jumped 1319.08% in 2023, its largest moves.
- Year by year, Deferred Taxes stood at $224335.0 in 2020, then plunged by 267.57% to -$375920.0 in 2021, then fell by 18.82% to -$446657.0 in 2022, then soared by 1319.08% to $5.4 million in 2023.
- Per Business Quant data, the three most recent Deferred Taxes figures were $5.4 million in Q4 2023, -$300248.0 in Q3 2023, and -$599995.0 in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcon | 32,734,969.19 Bn | 32,734,967.53 Bn | 1.53 Bn | - |
| 2 | Intuitive Surgical | 117.50 Bn | 112.41 Bn | 1.96 Bn | -31.00 Mn |
| 3 | Becton Dickinson | 42.93 Bn | 42.11 Bn | 2.15 Bn | -73.00 Mn |
| 4 | Medline | 30.82 Bn | 36.66 Bn | 1.84 Bn | 37.00 Mn |
| 5 | Resmed | 27.90 Bn | 26.23 Bn | 890.98 Mn | - |
| 6 | West Pharmaceutical Services | 26.76 Bn | 26.23 Bn | 329.20 Mn | - |
| 7 | Cooper Companies | 15.30 Bn | 15.16 Bn | 735.40 Mn | 43.50 Mn |
| 8 | Solventum | 13.46 Bn | 12.90 Bn | 1.10 Bn | -41.00 Mn |
| 9 | Align Technology | 12.02 Bn | 10.96 Bn | 736.59 Mn | 40.64 Mn |
| 10 | KORU Medical Systems | 172.94 Mn | 164.14 Mn | 7.23 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 5.45 Mn |
| Sep 30, 2023 | -300,248.00 |
| Jun 30, 2023 | -599,995.00 |
| Mar 31, 2023 | -577,400.00 |
| Dec 31, 2022 | -446,657.00 |
| Sep 30, 2022 | -271,500.00 |
| Jun 30, 2022 | -710,470.00 |
| Mar 31, 2022 | -597,599.00 |
| Dec 31, 2021 | -375,920.00 |
| Sep 30, 2021 | -238,104.00 |
| Jun 30, 2021 | -258,745.00 |
| Mar 31, 2021 | -943,211.00 |
| Dec 31, 2020 | 224,335.00 |
| Sep 30, 2020 | -15,598.00 |
| Jun 30, 2020 | -82,567.00 |
| Mar 31, 2020 | -63,203.00 |
| Feb 29, 2012 | 247,803.00 |
| Nov 30, 2011 | -62,350.00 |
| Aug 31, 2011 | 27,192.00 |
| May 31, 2011 | -45,641.00 |