Oruka Therapeutics (ORKA) Tax Rate (2018 - 2020)
Oruka Therapeutics' quarterly Tax Rate came in at 0.69% in Q2 2020, down 116.0% year-on-year from 4.29% in Q3 2019, and down 46.71% quarter-over-quarter from 1.29% in Q4 2019.
Oruka Therapeutics has reported Tax Rate for 3 years, with the latest figure at 0.69% in Q2 2020.
- For the quarter ending Q2 2020, Tax Rate fell 116.0% year-over-year to 0.69%; the trailing twelve-month figure through Dec 2020 stood at 0.26% (down 270.0% YoY), and the FY2020 full-year result was 0.09%, down 286.0% from the prior year.
- Tax Rate for Q2 2020 stood at 0.69%, down from 1.29% in the prior quarter.
- The five-year high for Tax Rate was 4.7% in Q1 2019, with the low at 0.69% in Q2 2020.
- Average Tax Rate over 3 years is 2.32%, with a median of 1.88% recorded in 2018.
- Year-over-year, Tax Rate soared 160 bps in 2019 and sank 116 bps in 2020.
- Tracing ORKA's Tax Rate over 3 years: stood at 1.91% in 2018, then tumbled by 33 bps to 1.29% in 2019, then slumped 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 | Quantum Biopharma | 961,148.99 Bn | 961,148.98 Bn | - | - |
| 2 | Alterity Therapeutics | 744,933.29 Bn | 744,933.26 Bn | - | - |
| 3 | Legend Biotech | 2,540.00 Bn | 2,539.71 Bn | 242.10 Mn | 57.14 |
| 4 | Nanobiotix | 2,199.85 Bn | 2,199.78 Bn | - | - |
| 5 | Akari Therapeutics | 1,635.88 Bn | 1,635.88 Bn | - | 5.61 |
| 6 | Vertex Pharmaceuticals | 111.32 Bn | 104.07 Bn | 2.59 Bn | 17.68 |
| 7 | Evaxion A | 62.56 Bn | 62.54 Bn | - | -6.79 |
| 8 | Regeneron Pharmaceuticals | 62.55 Bn | 53.79 Bn | 3.31 Bn | 12.51 |
| 9 | Alnylam Pharmaceuticals | 39.57 Bn | 36.56 Bn | 959.66 Mn | 7.07 |
| 10 | Oruka Therapeutics | 3.04 Bn | 2.65 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 |