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
DateValue
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%