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