Lakefront Biotherapeutics (LKFT) Tax Rate (2018 - 2020)

Lakefront Biotherapeutics (LKFT) has 3 years of Tax Rate data on file, last reported at 0.67% in Q1 2020.

• Tax Rate for Q1 2020 came in at 0.67%, down 53.0% year-over-year; the trailing twelve-month figure through Mar 2020 was 12.25% (up 1415.0% YoY), and the FY2025 annual result was 6.19%, down 6463.0% from the prior year.
• Tax Rate rose to 0.67% in Q1 2020 per LKFT's latest filing, from 16.52% in the prior quarter.
• Over five years, Tax Rate peaked at 8.87% in Q4 2018 and troughed at 16.52% in Q4 2019.
• A 3-year average of 1.76% and a median of 0.35% in 2018 frame the typical range for Tax Rate.
• On a YoY basis, Tax Rate climbed as much as 3 bps in 2019 and fell as far as 2538 bps in 2019.
• A 3-year view of Tax Rate shows it stood at 8.87% in 2018, then sank by 286 bps to 16.52% in 2019, then soared by 96 bps to 0.67% in 2020.
• Business Quant data shows LKFT's Tax Rate at 0.67% in Q1 2020, 16.52% in Q4 2019, and 0.14% in Q1 2019.