Bone Biologics (BBLG) Tax Rate (2012 - 2022)
Bone Biologics (BBLG) reported Tax Rate of 6.71% for Q2 2022, up 233.11% quarter-over-quarter from 5.04% in Q1 2022.
Bone Biologics (BBLG) Tax Rate (2012 - 2022) Analysis & Trends
Bone Biologics (BBLG) has 10 years of Tax Rate data on file, last reported at 6.71% in Q2 2022.
- Tax Rate for Q2 2022 came in at 6.71%, changed N/A year-over-year; the trailing twelve-month figure through Sep 2022 was 0.06% (changed N/A YoY), and the FY2021 annual result was 0.1%, down 1.0% from the prior year.
- Tax Rate advanced to 6.71% in Q2 2022 per BBLG's latest filing, from 5.04% in the prior quarter.
- Over five years, Tax Rate peaked at 6.71% in Q2 2022 and troughed at 5.04% in Q1 2022.
- A 4-year average of 0.12% and a median of 0.01% in 2018 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2018 and 2019: Tax Rate declined 28 bps in 2018, then rose 2 bps in 2019.
- A 4-year view of Tax Rate shows it stood at 0.01% in 2018, then jumped by 182 bps to 0.01% in 2019, then sank by 4066 bps to 0.27% in 2020, then jumped by 2595 bps to 6.71% in 2022.
- Business Quant data shows BBLG's Tax Rate at 6.71% in Q2 2022, 5.04% in Q1 2022, and 0.27% in Q1 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 788,338.31 Bn | 788,338.28 Bn | - | - |
| 2 | Belite Bio | 56,560.00 Bn | 56,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,329.30 Bn | 17,329.30 Bn | - | - |
| 4 | Legend Biotech | 3,341.00 Bn | 3,340.71 Bn | 242.10 Mn | -57.14% |
| 5 | Akari Therapeutics | 1,727.91 Bn | 1,727.91 Bn | - | 5.61% |
| 6 | Evaxion A | 1,536.68 Bn | 1,536.67 Bn | - | -6.79% |
| 7 | Psyence Biomedical | 238.34 Bn | 238.33 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 113.42 Bn | 106.17 Bn | 2.59 Bn | 17.68% |
| 9 | Abivax | 95.45 Bn | 95.45 Bn | - | - |
| 10 | Bone Biologics | 1.47 Mn | 1.47 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | 6.71% |
| Jun 30, 2022 | 6.71% |
| Mar 31, 2022 | -5.04% |
| Mar 31, 2022 | -5.04% |
| Mar 31, 2020 | -0.27% |
| Mar 31, 2020 | -0.27% |
| Dec 31, 2019 | 0.01% |
| Dec 31, 2019 | 0.01% |
| Sep 30, 2019 | -0.01% |
| Sep 30, 2019 | -0.01% |
| Jun 30, 2019 | -0.17% |
| Jun 30, 2019 | -0.17% |
| Dec 31, 2018 | -0.01% |
| Dec 31, 2018 | -0.01% |
| Sep 30, 2018 | 0.00% |
| Sep 30, 2018 | 0.00% |
| Jun 30, 2018 | -0.13% |
| Jun 30, 2018 | -0.13% |
| Jun 30, 2017 | 0.16% |
| Jun 30, 2017 | 0.16% |