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
DateValue
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