Check-Cap (MBAI) Tax Rate (2017 - 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 (2017 - 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.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Thermo Fisher Scientific	234.15 Bn	230.09 Bn	8.34 Bn	8.68%
2	Danaher	152.10 Bn	147.75 Bn	3.61 Bn	19.29%
3	Natera	48.48 Bn	47.38 Bn	486.15 Mn	0.45%
4	Agilent Technologies	44.35 Bn	42.55 Bn	990.00 Mn	16.91%
5	Iqvia Holdings	43.68 Bn	41.60 Bn	1.44 Bn	19.93%
6	Idexx Laboratories	43.02 Bn	42.83 Bn	779.09 Mn	18.89%
7	Illumina	34.39 Bn	33.22 Bn	770.00 Mn	20.38%
8	Mettler Toledo International	28.29 Bn	28.24 Bn	650.22 Mn	19.52%
9	Labcorp Holdings	27.51 Bn	27.37 Bn	1.11 Bn	22.59%
10	Check-Cap	5.89 Mn	-793.79 Mn	-	-

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