Medicinova (MNOV) Tax Rate (2010 - 2018)
Medicinova (MNOV) posted quarterly Tax Rate of 0.75% for Q4 2018, down 5298.0% year-over-year from 0.01% in Q4 2017, and down 2976.27% quarter-over-quarter from 0.02% in Q3 2018.
Medicinova (MNOV) Tax Rate (2010 - 2018) Analysis & Trends
Medicinova (MNOV) has reported Tax Rate for 9 consecutive years, with 0.75% the latest figure, recorded in Q4 2018.
- In Q4 2018, Tax Rate fell 5298.0% year-over-year to 0.75%; the TTM figure through Dec 2018 stood at 11.89% (down 162.0% YoY), while the FY2025 annual figure was 21.0%, up 2994.0% from the prior year.
- Tax Rate fell to 0.75% in Q4 2018 per MNOV's latest filing, from 0.02% in the prior quarter.
- Across five years, Tax Rate topped out at 52.23% in Q4 2017 and bottomed at 0.75% in Q4 2018.
- Historically, Tax Rate has averaged 2.68% across 5 years, with a median of 0.06% in 2018.
- Annual changes were most pronounced in 2017 — Tax Rate jumped 5220 bps — and 2018, when it tumbled 5298 bps.
- Medicinova's Tax Rate stood at 0.36% in 2014, then plunged by 114 bps to 0.05% in 2015, then soared by 160 bps to 0.03% in 2016, then soared by 173150 bps to 52.23% in 2017, then slumped by 101 bps to 0.75% in 2018.
- Business Quant data shows MNOV's Tax Rate at 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 | Vertex Pharmaceuticals | 139.13 Bn | 131.28 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 85.77 Bn | 77.77 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 64.64 Bn | 59.46 Bn | 1.37 Bn | 10.91% |
| 4 | Moderna | 58.29 Bn | 53.16 Bn | 52.00 Mn | -1.96% |
| 5 | BeOne Medicines | 41.92 Bn | 36.82 Bn | 1.53 Bn | 24.15% |
| 6 | Alnylam Pharmaceuticals | 31.58 Bn | 28.28 Bn | 992.69 Mn | 7.49% |
| 7 | BioNTech SE | 28.12 Bn | 9.73 Bn | 668.28 Mn | 34.12% |
| 8 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn | -16.71% |
| 9 | Royalty Pharma | 27.27 Bn | 26.43 Bn | - | - |
| 10 | Medicinova | 68.42 Mn | 68.42 Mn | 317,759.00 | - |
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% |