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| 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% |