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| Date | Value |
|---|---|
| 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% |