Akso Health (AHG) Tax Rate (2016 - 2019)
Akso Health's (AHG) quarterly Tax Rate came in at 10.13% in Q3 2019, down 684.0% on a YoY basis from 1.73% in Q3 2018, and down 9.21% quarter-over-quarter from 9.27% in Q2 2019.
Analysis
Akso Health (AHG) Tax Rate (2016 - 2019) Analysis & Trends
Akso Health (AHG) has reported Tax Rate for 4 consecutive years, with 10.13% the latest figure, recorded in Q3 2019.
- For the quarter ending Q3 2019, Tax Rate fell 684.0% year-over-year to 10.13%; the trailing twelve-month figure through Sep 2019 stood at 14.12% (down 668.0% YoY), and the FY2026 full-year result was 9.6%, down 892.0% from the prior year.
- Tax Rate eased to 10.13% in Q3 2019 per AHG's latest filing, from 9.27% in the prior quarter.
- Across five years, Tax Rate topped out at 221.78% in Q1 2019 and bottomed at 18.07% in Q1 2017.
- Historically, Tax Rate has averaged 26.05% across 4 years, with a median of 14.28% in 2017.
- The widest YoY moves for Tax Rate: up 20951 bps in 2019, down 2809 bps in 2019.
- Over 4 years, Tax Rate stood at 40.13% in 2016, then tumbled by 61 bps to 15.56% in 2017, then slumped by 76 bps to 3.77% in 2018, then sank by 369 bps to 10.13% in 2019.
- According to Business Quant data, Tax Rate over the past three periods registered 10.13%, 9.27%, and 221.78% for Q3 2019, Q2 2019, and Q1 2019 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Hinge Health | 6.99 Bn | 6.60 Bn | 183.95 Mn | 1.67% |
| 2 | Hims & Hers Health | 6.38 Bn | 5.54 Bn | 480.80 Mn | 6.85% |
| 3 | Ethos Technologies | 2.47 Bn | 2.30 Bn | 185.54 Mn | -1.09% |
| 4 | Omada Health | 1.28 Bn | 1.06 Bn | 63.79 Mn | - |
| 5 | Teladoc Health | 1.11 Bn | 330.82 Mn | 416.09 Mn | -2.64% |
| 6 | Talkspace | 870.58 Mn | 779.48 Mn | 24.80 Mn | -0.73% |
| 7 | Akso Health | 208.18 Mn | 208.01 Mn | - | - |
| 8 | LifeMD | 145.04 Mn | 145.04 Mn | - | - |
| 9 | eHealth | 29.43 Mn | -71.61 Mn | - | 23.14% |
| 10 | Mangoceuticals | 6.82 Mn | 6.58 Mn | 44,215.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2019 | -10.13% |
| Jun 30, 2019 | -9.27% |
| Mar 31, 2019 | 221.78% |
| Dec 31, 2018 | 3.77% |
| Sep 30, 2018 | -3.28% |
| Jun 30, 2018 | 18.82% |
| Mar 31, 2018 | 12.26% |
| Dec 31, 2017 | 15.56% |
| Sep 30, 2017 | 14.28% |
| Jun 30, 2017 | 15.05% |
| Mar 31, 2017 | -18.07% |
| Dec 31, 2016 | 40.13% |
| Sep 30, 2016 | 37.76% |