Check-Cap (MBAI) Tax Rate (2016 - 2018)

Check-Cap (MBAI) posted Tax Rate of 0.08% for Q2 2018, down 260.03% sequentially from 0.05% in Q1 2018, and down 18.0% YoY from 0.09% in Q2 2017.

Check-Cap (MBAI) Tax Rate (2016 - 2018) Analysis & Trends

Check-Cap has reported Tax Rate for 3 years, with the latest figure at 0.08% in Q2 2018.

  • Quarterly Tax Rate fell 18.0% year-over-year to 0.08% in Q2 2018, while the trailing twelve-month figure through Dec 2018 was 0.01% (down 7.0% YoY) and the FY2025 annual result came in at 7.91%, down 1312.0% from the prior year.
  • Tax Rate eased to 0.08% in Q2 2018 per MBAI's latest filing, from 0.05% in the prior quarter.
  • Over five years, Tax Rate peaked at 0.33% in Q4 2016 and troughed at 0.08% in Q2 2018.
  • A 3-year average of 0.11% and a median of 0.11% in 2017 frame the typical range for Tax Rate.
  • The widest YoY moves for Tax Rate: up 7 bps in 2018, down 18 bps in 2018.
  • Over 3 years, Tax Rate stood at 0.33% in 2016, then tumbled by 68 bps to 0.11% in 2017, then slumped by 171 bps to 0.08% in 2018.
  • According to Business Quant data, Tax Rate over the past three periods registered 0.08%, 0.05%, and 0.11% for Q2 2018, Q1 2018, and Q2 2017 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn 8.68%
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn 19.29%
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 18.89%
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 16.91%
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn 19.93%
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn -0.35%
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn 20.38%
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 19.52%
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn 21.36%
10 Check-Cap 8.23 Mn 6.60 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2018 -0.08%
Jun 30, 2018 -0.08%
Jun 30, 2018 -0.08%
Mar 31, 2018 0.05%
Mar 31, 2018 0.05%
Mar 31, 2018 0.05%
Jun 30, 2017 0.11%
Jun 30, 2017 0.11%
Jun 30, 2017 0.11%
Mar 31, 2017 0.11%
Mar 31, 2017 0.11%
Mar 31, 2017 0.11%
Dec 31, 2016 0.33%
Dec 31, 2016 0.33%
Dec 31, 2016 0.33%