Mynd.ai (MYND) Tax Rate (2016 - 2021)
Mynd.ai (MYND) posted Tax Rate of 453.17% for Q4 2021, down 4287.84% sequentially from 10.82% in Q3 2021, and down 12492.0% YoY from N/an in Q4 2020.
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Analysis
Mynd.ai (MYND) Tax Rate (2016 - 2021) Analysis & Trends
Mynd.ai has reported Tax Rate for 6 years, with the latest figure at 453.17% in Q4 2021.
- Quarterly Tax Rate fell 12492.0% year-over-year to 453.17% in Q4 2021, while the trailing twelve-month figure through Dec 2021 was 25.59% (down 2503.0% YoY) and the FY2025 annual result came in at 0.71%, up 19299.0% from the prior year.
- Tax Rate eased to 453.17% in Q4 2021 per MYND's latest filing, from 10.82% in the prior quarter.
- Over five years, Tax Rate peaked at 93.39% in Q4 2018 and troughed at 453.17% in Q4 2021.
- A 5-year average of 27.22% and a median of 20.01% in 2018 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2020 and 2021: Tax Rate slumped 40599 bps in 2020, then jumped 16078 bps in 2021.
- Over 5 years, Tax Rate stood at 68.16% in 2017, then soared by 37 bps to 93.39% in 2018, then retreated by 17 bps to 77.75% in 2019, then sank by 522 bps to 328.24% in 2020, then sank by 38 bps to 453.17% in 2021.
- According to Business Quant data, Tax Rate over the past three periods registered 453.17%, 10.82%, and 22.05% for Q4 2021, Q3 2021, and Q2 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 93.94 Bn | 91.20 Bn | 812.22 Mn | -29.58% |
| 2 | Laureate Education | 5.08 Bn | 4.92 Bn | 237.67 Mn | 37.33% |
| 3 | Graham Holdings | 4.76 Bn | 3.51 Bn | 777.03 Mn | 11.06% |
| 4 | Covista | 4.54 Bn | 4.13 Bn | 284.63 Mn | 18.37% |
| 5 | Grand Canyon Education | 3.97 Bn | 3.70 Bn | 204.08 Mn | 24.65% |
| 6 | Stride | 3.67 Bn | 2.72 Bn | 217.28 Mn | 21.88% |
| 7 | McGraw Hill | 2.56 Bn | 2.37 Bn | 439.20 Mn | 15.55% |
| 8 | Perdoceo Education | 2.06 Bn | 749.44 Mn | 162.46 Mn | 20.32% |
| 9 | TAL Education | 1.91 Bn | -769.28 Mn | 227.32 Mn | -115.72% |
| 10 | Mynd.ai | 18.27 Mn | 11.23 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | 108.27% |
| Sep 30, 2021 | 10.82% |
| Jun 30, 2021 | 22.05% |
| Mar 31, 2021 | -51.33% |
| Dec 31, 2020 | -328.24% |
| Sep 30, 2020 | -149.96% |
| Jun 30, 2020 | -4.35% |
| Mar 31, 2020 | -16.30% |
| Dec 31, 2019 | 77.75% |
| Sep 30, 2019 | -19.70% |
| Jun 30, 2019 | 33.58% |
| Mar 31, 2019 | -14.53% |
| Dec 31, 2018 | 93.39% |
| Sep 30, 2018 | 17.97% |
| Jun 30, 2018 | 35.01% |
| Mar 31, 2018 | 32.71% |
| Dec 31, 2017 | 68.16% |
| Sep 30, 2017 | 50.28% |
| Jun 30, 2017 | 26.50% |
| Mar 31, 2017 | 25.05% |