KORU Medical Systems (KRMD) Deferred Taxes (2010 - 2023)
KORU Medical Systems (KRMD) posted quarterly Deferred Taxes of $5.4 million for Q4 2023, up 1319.08% year-over-year from $383706.9 in Q4 2022, and up 1913.54% quarter-over-quarter from -$300248.0 in Q3 2023.
KORU Medical Systems (KRMD) Deferred Taxes (2010 - 2023) Analysis & Trends
KORU Medical Systems (KRMD) has reported Deferred Taxes for 7 consecutive years, with $5.4 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Deferred Taxes rose 1319.08% year-over-year to $5.4 million; the TTM figure through Dec 2023 stood at $4.0 million (up 295.81% YoY), while the FY2023 annual figure was $4.0 million, up 295.81% from the prior year.
- Deferred Taxes rose to $5.4 million in Q4 2023 per KRMD's latest filing, from -$300248.0 in the prior quarter.
- Across five years, Deferred Taxes topped out at $5.4 million in Q4 2023 and bottomed at -$943211.0 in Q1 2021.
- Historically, Deferred Taxes has averaged $11765.1 across 4 years, with a median of -$285874.0 in 2022.
- Annual changes were most pronounced in 2021 — Deferred Taxes tumbled 1426.5% — and 2023, when it soared 1319.08%.
- KORU Medical Systems' Deferred Taxes stood at $224335.0 in 2020, then plunged by 267.57% to -$375920.0 in 2021, then dropped by 18.82% to -$446657.0 in 2022, then jumped by 1319.08% to $5.4 million in 2023.
- Business Quant data shows KRMD's Deferred Taxes at $5.4 million in Q4 2023, -$300248.0 in Q3 2023, and -$599995.0 in Q2 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 132.71 Bn | 127.50 Bn | 1.96 Bn | -31.00 Mn |
| 2 | Becton Dickinson | 51.57 Bn | 50.71 Bn | 2.32 Bn | -74.00 Mn |
| 3 | Alcon | 35.52 Bn | 34.17 Bn | 1.68 Bn | - |
| 4 | Resmed | 33.28 Bn | 31.81 Bn | 861.22 Mn | - |
| 5 | Medline | 27.86 Bn | 25.18 Bn | 2.22 Bn | 64.00 Mn |
| 6 | West Pharmaceutical Services | 25.15 Bn | 24.71 Bn | 329.20 Mn | - |
| 7 | Solventum | 15.31 Bn | 14.91 Bn | 1.29 Bn | -47.00 Mn |
| 8 | Cooper Companies | 14.86 Bn | 14.72 Bn | 735.40 Mn | 43.50 Mn |
| 9 | Baxter International | 13.63 Bn | 11.48 Bn | 1.03 Bn | -34.00 Mn |
| 10 | KORU Medical Systems | 150.23 Mn | 141.93 Mn | 7.85 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 |