Chaince Digital Holdings (CD) Tax Rate (2015 - 2019)

Chaince Digital Holdings (CD) recorded quarterly Tax Rate of 10.26% in Q2 2019, up 1631.12% quarter-over-quarter from 0.67% in Q4 2018, and up 1081.0% on a YoY basis from 0.87% in Q2 2018.

Chaince Digital Holdings (CD) Tax Rate (2015 - 2019) Analysis & Trends

Chaince Digital Holdings' Tax Rate history runs 5 years deep, the most recent figure standing at 10.26% for Q2 2019.

  • In Q2 2019, Tax Rate rose 1081.0% year-over-year to 10.26%; the TTM figure through Sep 2019 stood at 0.8% (down 215.0% YoY), while the FY2024 annual figure was 8.03%, down 802.0% from the prior year.
  • Tax Rate was 10.26% for Q2 2019 at Chaince Digital Holdings, up from 0.67% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 10.26% in Q2 2019 to a low of 11.17% in Q1 2016.
  • Historically, Tax Rate has averaged 4.65% across 5 years, with a median of 6.67% in 2016.
  • The sharpest annual moves came in 2016 and 2019: Tax Rate tumbled 873 bps in 2016, then soared 1081 bps in 2019.
  • A 5-year view of Tax Rate shows it stood at 0.62% in 2015, then slumped by 1001 bps to 6.85% in 2016, then slumped by 48 bps to 10.14% in 2017, then surged by 93 bps to 0.67% in 2018, then surged by 1631 bps to 10.26% in 2019.
  • The last three Tax Rate figures came in at 10.26% (Q2 2019), 0.67% (Q4 2018), and 2.88% (Q3 2018), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 19.58
3 Goldman Sachs 333.85 Bn -603.70 Bn - 13.20
4 Schwab Charles 160.31 Bn 115.33 Bn - 22.24
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 15.82
6 Interactive Brokers 42.79 Bn 53.38 Bn - 9.08
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 26.45
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 23.03
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn 2.46
10 Chaince Digital Holdings 319.65 Mn 285.83 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2019 10.26%
Jun 30, 2019 10.26%
Dec 31, 2018 -0.67%
Dec 31, 2018 -0.67%
Sep 30, 2018 -2.88%
Sep 30, 2018 -2.88%
Jun 30, 2018 -0.55%
Jun 30, 2018 -0.55%
Mar 31, 2018 -2.29%
Mar 31, 2018 -2.29%
Dec 31, 2017 -10.14%
Dec 31, 2017 -10.14%
Sep 30, 2017 -9.95%
Sep 30, 2017 -9.95%
Jun 30, 2017 -8.93%
Jun 30, 2017 -8.93%
Mar 31, 2017 -8.91%
Mar 31, 2017 -8.91%
Dec 31, 2016 -6.85%
Dec 31, 2016 -6.85%