Oruka Therapeutics (ORKA) Tax Rate (2018 - 2020)
Oruka Therapeutics (ORKA) recorded quarterly Tax Rate of 0.69% in Q2 2020, down 46.71% quarter-over-quarter from 1.29% in Q4 2019, and down 116.0% on a YoY basis from 4.29% in Q3 2019.
Oruka Therapeutics (ORKA) Tax Rate (2018 - 2020) Analysis & Trends
Oruka Therapeutics' Tax Rate history runs 3 years deep, the most recent figure standing at 0.69% for Q2 2020.
- In Q2 2020, Tax Rate fell 116.0% year-over-year to 0.69%; the TTM figure through Dec 2020 stood at 0.26% (down 270.0% YoY), while the FY2020 annual figure was 0.09%, down 286.0% from the prior year.
- Tax Rate was 0.69% for Q2 2020 at Oruka Therapeutics, down from 1.29% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 4.7% in Q1 2019 to a low of 0.69% in Q2 2020.
- Historically, Tax Rate has averaged 2.32% across 3 years, with a median of 1.88% in 2018.
- The sharpest annual moves came in 2019 and 2020: Tax Rate jumped 160 bps in 2019, then sank 116 bps in 2020.
- A 3-year view of Tax Rate shows it stood at 1.91% in 2018, then plunged by 33 bps to 1.29% in 2019, then tumbled by 47 bps to 0.69% in 2020.
- The last three Tax Rate figures came in at 0.69% (Q2 2020), 1.29% (Q4 2019), and 3.51% (Q3 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | -57.14 |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | -6.79 |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 5.61 |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 17.68 |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | - |
| 10 | Oruka Therapeutics | 4.04 Bn | 3.65 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2020 | 0.69% |
| Jun 30, 2020 | 0.69% |
| Dec 31, 2019 | 1.29% |
| Dec 31, 2019 | 1.29% |
| Sep 30, 2019 | 3.51% |
| Sep 30, 2019 | 3.51% |
| Jun 30, 2019 | 1.85% |
| Jun 30, 2019 | 1.85% |
| Mar 31, 2019 | 4.70% |
| Mar 31, 2019 | 4.70% |
| Sep 30, 2018 | 1.91% |
| Sep 30, 2018 | 1.91% |