Akso Health (AHG) Tax Rate (2017 - 2019)

Akso Health (AHG) posted quarterly Tax Rate of 10.13% for Q3 2019, down 1341.0% year-on-year 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 reported Tax Rate for 3 consecutive years, with 10.13% the latest figure, recorded 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 eased to 10.13% in Q3 2019 per AHG's latest filing, from 37.48% in the prior quarter.
  • Over the last five years, Tax Rate for AHG reached as high as 37.48% in Q1 2019 and fell as low as 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 largest YoY upside for Tax Rate was 2522 bps in 2019 against a maximum downside of 1341 bps in 2019.
  • Year by year, Tax Rate stood at 15.56% in 2017, then sank by 76 bps to 3.77% in 2018, then plunged by 369 bps to 10.13% in 2019.
  • According to Business Quant data, Tax Rate over the past three periods registered 10.13%, 37.48%, and 3.77% for Q3 2019, Q1 2019, and Q4 2018 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Mckesson 105.15 Bn 101.18 Bn 4.04 Bn 12.71%
2 Cencora 60.58 Bn 58.40 Bn 3.59 Bn 21.98%
3 Cardinal Health 53.81 Bn 49.87 Bn 2.50 Bn 3.06%
4 Henry Schein 9.71 Bn 9.57 Bn 1.07 Bn 25.33%
5 Akso Health 3.28 Bn 3.28 Bn - -
6 111 651.73 Mn 572.63 Mn 23.58 Mn -0.40%
7 Accendra Health 248.02 Mn -88.86 Mn 278.03 Mn 60.19%
8 Edap Tms 230.14 Mn 215.14 Mn 8.15 Mn -1.62%
9 VitaNova Life Sciences 11.51 Mn 11.01 Mn 316,343.00 194.93%
10 Cosmos Health 9.57 Mn 7.41 Mn 1.38 Mn -

Historic Data

Download Data
DateValue
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%