IGC Pharma (IGC) Tax Rate (2010 - 2019)
IGC Pharma (IGC) reported Tax Rate of 0.13% for Q1 2019, down 100.09% quarter-over-quarter from 141.41% in Q1 2017.
IGC Pharma (IGC) Tax Rate (2010 - 2019) Analysis & Trends
IGC Pharma (IGC) has 9 years of Tax Rate data on file, last reported at 0.13% in Q1 2019.
- Tax Rate for Q1 2019 came in at 0.13%, changed N/A year-over-year; the trailing twelve-month figure through Dec 2019 was 0.03% (changed N/A YoY), and the FY2019 annual result was 0.05%, changed N/A from the prior year.
- Tax Rate eased to 0.13% in Q1 2019 per IGC's latest filing, from 141.41% in the prior quarter.
- Over five years, Tax Rate peaked at 141.41% in Q1 2017 and troughed at 100.04% in Q4 2015.
- A 4-year average of 7.49% and a median of 0.12% in 2019 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2015 and 2016: Tax Rate plunged 44 bps in 2015, then soared 10325 bps in 2016.
- A 4-year view of Tax Rate shows it stood at 100.04% in 2015, then advanced by 1 bps to 99.36% in 2016, then jumped by 242 bps to 141.41% in 2017, then sank by 100 bps to 0.13% in 2019.
- Business Quant data shows IGC's Tax Rate at 0.13% in Q1 2019, 141.41% in Q1 2017, and 99.36% in Q4 2016.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 719,706.53 Bn | 719,706.50 Bn | - | - |
| 2 | Belite Bio | 55,800.00 Bn | 55,800.00 Bn | - | - |
| 3 | Quantum Biopharma | 18,182.30 Bn | 18,182.29 Bn | - | - |
| 4 | Legend Biotech | 3,154.00 Bn | 3,153.71 Bn | 242.10 Mn | -57.14% |
| 5 | Akari Therapeutics | 1,844.30 Bn | 1,844.29 Bn | - | 5.61% |
| 6 | Evaxion A | 1,567.96 Bn | 1,567.94 Bn | - | -6.79% |
| 7 | Psyence Biomedical | 251.43 Bn | 251.42 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 112.56 Bn | 105.31 Bn | 2.59 Bn | 17.68% |
| 9 | Abivax | 94.37 Bn | 94.37 Bn | - | - |
| 10 | IGC Pharma | 29.33 Mn | 29.07 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2019 | -0.13% |
| Mar 31, 2019 | -0.13% |
| Mar 31, 2017 | 141.41% |
| Mar 31, 2017 | 141.41% |
| Dec 31, 2016 | -99.36% |
| Dec 31, 2016 | -99.36% |
| Mar 31, 2016 | 103.14% |
| Mar 31, 2016 | 103.14% |
| Dec 31, 2015 | -100.04% |
| Dec 31, 2015 | -100.04% |
| Mar 31, 2015 | -0.10% |
| Mar 31, 2015 | -0.10% |
| Mar 31, 2014 | 0.33% |
| Mar 31, 2014 | 0.33% |
| Dec 31, 2013 | -0.62% |
| Dec 31, 2013 | -0.62% |
| Sep 30, 2013 | -0.25% |
| Sep 30, 2013 | -0.25% |
| Jun 30, 2013 | -0.25% |
| Jun 30, 2013 | -0.25% |