BTC Digital (BTCT) Tax Rate (2018 - 2021)
BTC Digital (BTCT) posted Tax Rate of 2.19% for Q2 2021, down 136.38% quarter-over-quarter from 6.01% in Q1 2021, and down 535.0% year-on-year from 0.5% in Q2 2020.
BTC Digital (BTCT) Tax Rate (2018 - 2021) Analysis & Trends
BTC Digital (BTCT) has reported Tax Rate for 4 consecutive years, with 2.19% the latest figure, recorded in Q2 2021.
- Tax Rate for Q2 2021 came in at 2.19%, down 535.0% year-over-year; the trailing twelve-month figure through Jun 2021 was 60.16% (down 6706.0% YoY), and the FY2021 annual result was 4.98%, up 640.0% from the prior year.
- Tax Rate was 2.19% for Q2 2021 at BTC Digital, down from 6.01% in the prior quarter.
- Over five years, Tax Rate peaked at 39.37% in Q3 2020 and troughed at 20.78% in Q3 2019.
- Average Tax Rate over 4 years is 2.54%, with a median of 1.43% recorded in 2020.
- Year-over-year, Tax Rate slumped 1357 bps in 2019 and soared 6015 bps in 2020.
- Over 4 years, Tax Rate stood at 17.58% in 2018, then tumbled by 77 bps to 4.01% in 2019, then slumped by 33 bps to 2.71% in 2020, then sank by 181 bps to 2.19% in 2021.
- Per Business Quant data, the three most recent Tax Rate figures were 2.19% in Q2 2021, 6.01% in Q1 2021, and 2.71% in Q4 2020.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 11.98% |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 12.92% |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 19.55% |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 4.58% |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 13.43% |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 28.91% |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 8.72% |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 20.77% |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 4.26% |
| 10 | BTC Digital | 7.81 Mn | 4.02 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2021 | -2.19% |
| Jun 30, 2021 | -2.19% |
| Mar 31, 2021 | 6.01% |
| Mar 31, 2021 | 6.01% |
| Dec 31, 2020 | 2.71% |
| Dec 31, 2020 | 2.71% |
| Sep 30, 2020 | 39.37% |
| Sep 30, 2020 | 39.37% |
| Aug 31, 2020 | 0.16% |
| Aug 31, 2020 | 0.16% |
| Jun 30, 2020 | 3.16% |
| Jun 30, 2020 | 3.16% |
| Mar 31, 2020 | -2.44% |
| Mar 31, 2020 | -2.44% |
| Dec 31, 2019 | 4.01% |
| Dec 31, 2019 | 4.01% |
| Sep 30, 2019 | -20.78% |
| Sep 30, 2019 | -20.78% |
| Jun 30, 2019 | -1.27% |
| Jun 30, 2019 | -1.27% |