Nortech Systems (NSYS) Change in Taxes (2010 - 2023)

Nortech Systems' (NSYS) quarterly Change in Taxes came in at -$1.2 million in Q4 2023, down 83.46% year-on-year from -$7.4 million in Q4 2022, and down 5183.33% quarter-over-quarter from $24000.0 in Q3 2023.

Nortech Systems (NSYS) Change in Taxes (2010 - 2023) Analysis & Trends

Nortech Systems has disclosed Change in Taxes across 13 years of filings, most recently posting -$1.2 million for Q4 2023.

  • Change in Taxes for Q4 2023 came in at -$1.2 million, down 83.46% year-over-year; the trailing twelve-month figure through Dec 2023 was -$832000.0 (down 29.39% YoY), and the FY2025 annual result 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.
  • The 5-year median for Change in Taxes is $24000.0 (2023), against an average of -$80235.3.
  • Peak annual rise in Change in Taxes reached 804.55% in 2021, while the deepest fall reached 1152.14% in 2021.
  • Nortech Systems' Change in Taxes stood at $70000.0 in 2019, then soared by 864.29% to $675000.0 in 2020, then plunged by 89.04% to $74000.0 in 2021, then slumped by 998.65% to -$665000.0 in 2022, then slumped by 83.46% to -$1.2 million in 2023.
  • The last three Change in Taxes figures came in at -$1.2 million (Q4 2023), $24000.0 (Q3 2023), and $477000.0 (Q2 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Abbott Laboratories 152.92 Bn 146.27 Bn 6.27 Bn -
2 Stryker 119.50 Bn 116.62 Bn 3.81 Bn 42.00 Mn
3 Medtronic 102.71 Bn 94.54 Bn 5.76 Bn -
4 Boston Scientific 69.72 Bn 68.51 Bn 3.61 Bn -
5 Edwards Lifesciences 49.24 Bn 45.57 Bn 1.29 Bn 41.90 Mn
6 GE HealthCare Technologies 29.74 Bn 27.67 Bn 1.98 Bn -
7 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -
8 Dexcom 28.96 Bn 27.84 Bn 750.30 Mn -
9 Steris 20.31 Bn 19.88 Bn 697.10 Mn -
10 Nortech Systems 45.55 Mn 43.35 Mn 4.70 Mn -

Historic Data

Download Data
DateValue
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