Nortech Systems (NSYS) Change in Taxes (2010 - 2023)
Nortech Systems recorded quarterly Change in Taxes of -$1.2 million in Q4 2023, down 5183.33% quarter-over-quarter from $24000.0 in Q3 2023, and down 83.46% year-over-year from -$7.4 million in Q4 2022.
Nortech Systems' Change in Taxes history runs 13 years deep, the most recent figure standing at -$1.2 million for Q4 2023.
- In Q4 2023, Change in Taxes fell 83.46% year-over-year to -$1.2 million; the TTM figure through Dec 2023 stood at -$832000.0 (down 29.39% YoY), while the FY2025 annual figure was -$29000.0, up 91.29% from the prior year.
- Change in Taxes came in at -$1.2 million for Q4 2023 at Nortech Systems, down from $24000.0 in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of $796000.0 in Q1 2021 to a low of -$1.5 million in Q3 2021.
- A 5-year average of -$80235.3 and a median of $24000.0 in 2023 frame the typical range for Change in Taxes.
- On a YoY basis, Change in Taxes climbed as much as 804.55% in 2021 and fell as far as 1152.14% in 2021.
- Nortech Systems' Change in Taxes stood at $70000.0 in 2019, then jumped by 864.29% to $675000.0 in 2020, then tumbled by 89.04% to $74000.0 in 2021, then sank by 998.65% to -$665000.0 in 2022, then sank by 83.46% to -$1.2 million in 2023.
- According to Business Quant data, Change in Taxes over the past three periods registered -$1.2 million, $24000.0, and $477000.0 for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | - |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 42.00 Mn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | - |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | - |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 41.90 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | - |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | - |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | - |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | - |
| 10 | Nortech Systems | 48.92 Mn | 46.72 Mn | 4.70 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -1.22 Mn |
| Dec 31, 2023 | -1.22 Mn |
| Sep 30, 2023 | 24,000.00 |
| Sep 30, 2023 | 24,000.00 |
| Jun 30, 2023 | 477,000.00 |
| Jun 30, 2023 | 477,000.00 |
| Mar 31, 2023 | -113,000.00 |
| Mar 31, 2023 | -113,000.00 |
| Dec 31, 2022 | -665,000.00 |
| Dec 31, 2022 | -665,000.00 |
| Sep 30, 2022 | -41,000.00 |
| Sep 30, 2022 | -41,000.00 |
| Jun 30, 2022 | -105,000.00 |
| Jun 30, 2022 | -105,000.00 |
| Mar 31, 2022 | 168,000.00 |
| Mar 31, 2022 | 168,000.00 |
| Dec 31, 2021 | 74,000.00 |
| Dec 31, 2021 | 74,000.00 |
| Sep 30, 2021 | -1.47 Mn |
| Sep 30, 2021 | -1.47 Mn |
| Jun 30, 2021 | -39,000.00 |
| Jun 30, 2021 | -39,000.00 |
| Mar 31, 2021 | 796,000.00 |
| Mar 31, 2021 | 796,000.00 |
| Dec 31, 2020 | 675,000.00 |
| Dec 31, 2020 | 675,000.00 |
| Sep 30, 2020 | -117,000.00 |
| Sep 30, 2020 | -117,000.00 |
| Jun 30, 2020 | 29,000.00 |
| Jun 30, 2020 | 29,000.00 |
| Mar 31, 2020 | 88,000.00 |
| Mar 31, 2020 | 88,000.00 |
| Mar 31, 2019 | 70,000.00 |
| Mar 31, 2019 | 70,000.00 |
| Dec 31, 2017 | -93,663.00 |
| Dec 31, 2017 | -93,663.00 |
| Sep 30, 2017 | 101,663.00 |
| Sep 30, 2017 | 101,663.00 |
| Jun 30, 2017 | -204,000.00 |
| Jun 30, 2017 | -204,000.00 |
| Mar 31, 2017 | 227,000.00 |
| Mar 31, 2017 | 227,000.00 |
| Dec 31, 2016 | -303,383.00 |
| Dec 31, 2016 | -303,383.00 |
| Sep 30, 2016 | 160,497.00 |
| Sep 30, 2016 | 160,497.00 |
| Jun 30, 2016 | 74,880.00 |
| Jun 30, 2016 | 74,880.00 |
| Mar 31, 2016 | -28,082.00 |
| Mar 31, 2016 | -28,082.00 |
| Dec 31, 2015 | -693,760.00 |
| Dec 31, 2015 | -693,760.00 |
| Sep 30, 2015 | 153,158.00 |
| Sep 30, 2015 | 153,158.00 |
| Jun 30, 2015 | 238,130.00 |
| Jun 30, 2015 | 238,130.00 |
| Mar 31, 2015 | 138,740.00 |
| Mar 31, 2015 | 138,740.00 |
| Dec 31, 2014 | 65,185.00 |
| Dec 31, 2014 | 65,185.00 |
| Sep 30, 2014 | 152,300.00 |
| Sep 30, 2014 | 152,300.00 |
| Jun 30, 2014 | 160,944.00 |
| Jun 30, 2014 | 160,944.00 |
| Mar 31, 2014 | -53,367.00 |
| Mar 31, 2014 | -53,367.00 |
| Jun 30, 2013 | 20,486.00 |
| Jun 30, 2013 | 20,486.00 |
| Mar 31, 2013 | -81,364.00 |
| Mar 31, 2013 | -81,364.00 |
| Dec 31, 2012 | 106,902.00 |
| Dec 31, 2012 | 106,902.00 |
| Sep 30, 2012 | -103,788.00 |
| Sep 30, 2012 | -103,788.00 |
| Jun 30, 2012 | 49,046.00 |
| Jun 30, 2012 | 49,046.00 |
| Mar 31, 2012 | 179,010.00 |
| Mar 31, 2012 | 179,010.00 |
| Dec 31, 2011 | 19,232.00 |
| Dec 31, 2011 | 19,232.00 |
| Sep 30, 2011 | -91,001.00 |
| Sep 30, 2011 | -91,001.00 |
| Jun 30, 2011 | -70,005.00 |
| Jun 30, 2011 | -70,005.00 |
| Mar 31, 2011 | -63,935.00 |
| Mar 31, 2011 | -63,935.00 |
| Dec 31, 2010 | 52,159.00 |
| Dec 31, 2010 | 52,159.00 |
| Sep 30, 2010 | -2.01 Mn |
| Sep 30, 2010 | -2.01 Mn |