Akso Health (AHG) Tax Rate (2017 - 2019)
Akso Health's (AHG) quarterly Tax Rate came in at 10.13% in Q3 2019, down 1341.0% YoY from 0.82% in Q3 2018, and down 127.02% on a QoQ basis from 37.48% in Q1 2019.
Akso Health (AHG) Tax Rate (2017 - 2019) Analysis & Trends
Akso Health (AHG) has 3 years of Tax Rate data on file, last reported at 10.13% in Q3 2019.
- Quarterly Tax Rate fell 1341.0% year-over-year to 10.13% in Q3 2019, while the trailing twelve-month figure through Sep 2019 was 26.53% (up 1241.0% YoY) and the FY2026 annual result came in at 9.6%, down 892.0% from the prior year.
- Tax Rate fell to 10.13% in Q3 2019, from 37.48% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 37.48% in Q1 2019 to a low of 10.13% in Q3 2019.
- A 3-year average of 12.26% and a median of 14.28% in 2017 frame the typical range for Tax Rate.
- The widest YoY moves for Tax Rate: up 2522 bps in 2019, down 1341 bps in 2019.
- Tracing AHG's Tax Rate over 3 years: stood at 15.56% in 2017, then plunged by 76 bps to 3.77% in 2018, then tumbled by 369 bps to 10.13% in 2019.
- The last three Tax Rate figures came in at 10.13% (Q3 2019), 37.48% (Q1 2019), and 3.77% (Q4 2018), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Mckesson | 102.57 Bn | 97.41 Bn | 3.69 Bn | 21.10% |
| 2 | Cencora | 61.35 Bn | 58.53 Bn | 3.61 Bn | 22.05% |
| 3 | Cardinal Health | 54.15 Bn | 49.30 Bn | 2.56 Bn | 27.80% |
| 4 | Henry Schein | 10.05 Bn | 9.89 Bn | 1.10 Bn | 24.82% |
| 5 | Akso Health | 671.90 Mn | 671.70 Mn | - | - |
| 6 | Edap Tms | 154.62 Mn | 133.07 Mn | 7.34 Mn | -0.06% |
| 7 | Accendra Health | 90.69 Mn | 83.04 Mn | 263.41 Mn | -1.65% |
| 8 | 111 | 31.31 Mn | -27.44 Mn | 18.18 Mn | - |
| 9 | Cosmos Health | 13.28 Mn | 10.84 Mn | 1.51 Mn | - |
| 10 | VitaNova Life Sciences | 11.51 Mn | 9.91 Mn | 264,662.00 | 116.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2019 | -10.13% |
| Sep 30, 2019 | -10.13% |
| Sep 30, 2019 | -10.13% |
| Mar 31, 2019 | 37.48% |
| Mar 31, 2019 | 37.48% |
| Mar 31, 2019 | 37.48% |
| Dec 31, 2018 | 3.77% |
| Dec 31, 2018 | 3.77% |
| Dec 31, 2018 | 3.77% |
| Sep 30, 2018 | 3.28% |
| Sep 30, 2018 | 3.28% |
| Sep 30, 2018 | 3.28% |
| Jun 30, 2018 | 18.82% |
| Jun 30, 2018 | 18.82% |
| Jun 30, 2018 | 18.82% |
| Mar 31, 2018 | 12.26% |
| Mar 31, 2018 | 12.26% |
| Mar 31, 2018 | 12.26% |
| Dec 31, 2017 | 15.56% |
| Dec 31, 2017 | 15.56% |