BTC Digital (BTCT) Tax Rate (2018 - 2021)

BTC Digital's (BTCT) quarterly Tax Rate came in at 2.19% in Q2 2021, down 535.0% YoY from 0.5% in Q2 2020, and down 136.38% on a QoQ basis from 6.01% in Q1 2021.

BTC Digital (BTCT) Tax Rate (2018 - 2021) Analysis & Trends

BTC Digital (BTCT) has 4 years of Tax Rate data on file, last reported at 2.19% in Q2 2021.

  • Quarterly Tax Rate fell 535.0% year-over-year to 2.19% in Q2 2021, while the trailing twelve-month figure through Jun 2021 was 60.16% (down 6605.0% YoY) and the FY2022 annual result came in at 168.93%, down 17391.0% from the prior year.
  • Tax Rate eased to 2.19% in Q2 2021, from 6.01% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 39.37% in Q3 2020 to a low of 20.78% in Q3 2019.
  • A 4-year average of 2.58% and a median of 1.43% in 2020 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2019 — Tax Rate plunged 1312 bps — and 2020, when it jumped 6015 bps.
  • Tracing BTCT's Tax Rate over 4 years: stood at 17.58% in 2018, then plunged by 75 bps to 4.46% in 2019, then plunged by 39 bps to 2.71% in 2020, then slumped by 181 bps to 2.19% in 2021.
  • The last three Tax Rate figures came in at 2.19% (Q2 2021), 6.01% (Q1 2021), and 2.71% (Q4 2020), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Dell Technologies 279.74 Bn 268.16 Bn 7.78 Bn 12.92%
2 Arista Networks 233.03 Bn 220.67 Bn 1.68 Bn 19.55%
3 Sandisk 191.00 Bn 187.26 Bn 4.66 Bn 11.98%
4 Seagate Technology Holdings 182.93 Bn 181.79 Bn 1.45 Bn 13.43%
5 Western Digital 180.27 Bn 177.03 Bn 1.68 Bn 4.58%
6 Everpure 26.48 Bn 24.98 Bn 723.33 Mn 28.91%
7 Hp 25.04 Bn 21.33 Bn 3.02 Bn 8.72%
8 Super Micro Computer 17.15 Bn 15.86 Bn 1.02 Bn 20.77%
9 Logitech International 15.08 Bn 13.33 Bn 607.94 Mn 14.48%
10 BTC Digital 4.30 Mn 503,282.27 - -

Historic Data

Download Data
DateValue
Jun 30, 2021 -2.19%
Jun 30, 2021 -2.19%
Jun 30, 2021 -2.19%
Mar 31, 2021 6.01%
Mar 31, 2021 6.01%
Mar 31, 2021 6.01%
Dec 31, 2020 2.71%
Dec 31, 2020 2.71%
Dec 31, 2020 2.71%
Sep 30, 2020 39.37%
Sep 30, 2020 39.37%
Sep 30, 2020 39.37%
Aug 31, 2020 0.16%
Aug 31, 2020 0.16%
Aug 31, 2020 0.16%
Jun 30, 2020 3.16%
Jun 30, 2020 3.16%
Jun 30, 2020 3.16%
Mar 31, 2020 -2.44%
Mar 31, 2020 -2.44%