Medicinova (MNOV) Tax Rate (2010 - 2018)
Medicinova's (MNOV) quarterly Tax Rate came in at 0.75% in Q4 2018, down 5298.0% year-on-year from 0.01% in Q4 2017, and down 2976.27% on a QoQ basis from 0.02% in Q3 2018.
Medicinova (MNOV) Tax Rate (2010 - 2018) Analysis & Trends
Medicinova (MNOV) has 9 years of Tax Rate data on file, last reported at 0.75% in Q4 2018.
- On a quarterly basis, Tax Rate fell 5298.0% year-over-year to 0.75% in Q4 2018; TTM through Dec 2018 was 11.89%, a 162.0% decrease from a year earlier, with the FY2025 full-year figure at 21.0%, up 2994.0% from the prior year.
- Tax Rate for Q4 2018 stood at 0.75%, down from 0.02% in the prior quarter.
- Over the last five years, Tax Rate for MNOV reached as high as 52.23% in Q4 2017 and fell as low as 0.75% in Q4 2018.
- Historically, Tax Rate has averaged 2.68% across 5 years, with a median of 0.06% in 2018.
- Across the five-year window, Tax Rate surged 5220 bps in 2017 and sank 5298 bps in 2018, its largest moves.
- Year by year, Tax Rate stood at 0.36% in 2014, then plunged by 114 bps to 0.05% in 2015, then surged by 160 bps to 0.03% in 2016, then surged by 173150 bps to 52.23% in 2017, then slumped by 101 bps to 0.75% in 2018.
- Per Business Quant data, the three most recent Tax Rate figures were 0.75% in Q4 2018, 0.02% in Q3 2018, and 0.06% in Q2 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | -0.34% |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 12.29% |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | -5.41% |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 17.68% |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 12.51% |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 33.09% |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Medicinova | 64.48 Mn | 64.48 Mn | 4,754.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | -0.75% |
| Dec 31, 2018 | -0.75% |
| Dec 31, 2018 | -0.75% |
| Sep 30, 2018 | -0.02% |
| Sep 30, 2018 | -0.02% |
| Sep 30, 2018 | -0.02% |
| Jun 30, 2018 | -0.06% |
| Jun 30, 2018 | -0.06% |
| Jun 30, 2018 | -0.06% |
| Dec 31, 2017 | 52.23% |
| Dec 31, 2017 | 52.23% |
| Dec 31, 2017 | 52.23% |
| Sep 30, 2017 | -0.05% |
| Sep 30, 2017 | -0.05% |
| Sep 30, 2017 | -0.05% |
| Jun 30, 2017 | -0.07% |
| Jun 30, 2017 | -0.07% |
| Jun 30, 2017 | -0.07% |
| Mar 31, 2017 | -0.13% |
| Mar 31, 2017 | -0.13% |