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| 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 |