Ensysce Biosciences (ENSCW) Tax Rate (2018 - 2021)
Ensysce Biosciences (ENSCW) reported Tax Rate of 3.46% for Q1 2021, down 54.0% year-over-year from 7.51% in Q1 2020, and down 13.51% quarter-over-quarter from 4.0% in Q1 2020.
Ensysce Biosciences (ENSCW) Tax Rate (2018 - 2021) Analysis & Trends
Ensysce Biosciences (ENSCW) has 4 years of Tax Rate data on file, last reported at 3.46% in Q1 2021.
- Tax Rate for Q1 2021 came in at 3.46%, down 54.0% year-over-year; the trailing twelve-month figure through Mar 2021 was 3.39% (down 11771.0% YoY), and the FY2020 annual result was 5.37%, up 11413.0% from the prior year.
- Tax Rate fell to 3.46% in Q1 2021 per ENSCW's latest filing, from 4.0% in the prior quarter.
- Over five years, Tax Rate peaked at 35.17% in Q2 2019 and troughed at 3.81% in Q4 2019.
- A 4-year average of 14.73% and a median of 19.2% in 2018 frame the typical range for Tax Rate.
- On a YoY basis, Tax Rate climbed as much as 1135 bps in 2019 and fell as far as 2382 bps in 2019.
- A 4-year view of Tax Rate shows it stood at 20.01% in 2018, then plunged by 119 bps to 3.81% in 2019, then surged by 205 bps to 4.0% in 2020, then decreased by 14 bps to 3.46% in 2021.
- Business Quant data shows ENSCW's Tax Rate at 3.46% in Q1 2021, 4.0% in Q1 2020, and 3.81% in Q4 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -57.14 |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -6.79 |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 5.61 |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 17.68 |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Ensysce Biosciences | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2021 | 3.46% |
| Mar 31, 2021 | 3.46% |
| Mar 31, 2020 | 4.00% |
| Mar 31, 2020 | 4.00% |
| Dec 31, 2019 | -3.81% |
| Dec 31, 2019 | -3.81% |
| Sep 30, 2019 | 2.84% |
| Sep 30, 2019 | 2.84% |
| Jun 30, 2019 | 35.17% |
| Jun 30, 2019 | 35.17% |
| Mar 31, 2019 | 21.65% |
| Mar 31, 2019 | 21.65% |
| Dec 31, 2018 | 20.01% |
| Dec 31, 2018 | 20.01% |
| Sep 30, 2018 | 18.39% |
| Sep 30, 2018 | 18.39% |
| Jun 30, 2018 | 23.82% |
| Jun 30, 2018 | 23.82% |
| Mar 31, 2018 | 21.79% |
| Mar 31, 2018 | 21.79% |