Poet Technologies (POET) Tax Rate (2016 - 2019)
Poet Technologies' (POET) quarterly Tax Rate came in at 18377882.26% in Q4 2019, up 1837788018.0% on a YoY basis from N/an in Q4 2018, and up 887174308.62% quarter-over-quarter from 2.07% in Q4 2018.
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Analysis
Poet Technologies (POET) Tax Rate (2016 - 2019) Analysis & Trends
Poet Technologies (POET) has reported Tax Rate for 4 consecutive years, with 18377882.26% the latest figure, recorded in Q4 2019.
- For the quarter ending Q4 2019, Tax Rate rose 1837788018.0% year-over-year to 18377882.26%; the trailing twelve-month figure through Dec 2019 stood at 25.85% (up 2585.0% YoY), and the FY2021 full-year result was 0.0%, changed N/A from the prior year.
- Tax Rate advanced to 18377882.26% in Q4 2019 per POET's latest filing, from 2.07% in the prior quarter.
- Across five years, Tax Rate topped out at 18377882.26% in Q4 2019 and bottomed at 3.69% in Q3 2016.
- Historically, Tax Rate has averaged 1879112.0% across 4 years, with a median of 2.07% in 2017.
- The sharpest annual moves came in 2018 and 2019: Tax Rate tumbled 569 bps in 2018, then jumped 1837788018 bps in 2019.
- Over 4 years, Tax Rate stood at 2.42% in 2016, then climbed by 6 bps to 2.56% in 2017, then dropped by 19 bps to 2.07% in 2018, then jumped by 887174309 bps to 18377882.26% in 2019.
- According to Business Quant data, Tax Rate over the past three periods registered 18377882.26%, 2.07%, and 2.65% for Q4 2019, Q4 2018, and Q3 2018 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,260.79 Bn | 5,195.56 Bn | 72.14 Bn | 16.53% |
| 2 | Broadcom | 1,728.14 Bn | 1,704.17 Bn | 20.46 Bn | 14.32% |
| 3 | Advanced Micro Devices | 842.32 Bn | 829.21 Bn | 6.20 Bn | 9.88% |
| 4 | Arm Holdings | 280.94 Bn | 277.05 Bn | 1.25 Bn | 6.72% |
| 5 | Marvell Technology | 207.04 Bn | 203.10 Bn | 1.46 Bn | 18.58% |
| 6 | Qualcomm | 192.34 Bn | 184.04 Bn | 5.28 Bn | 18.68% |
| 7 | Monolithic Power Systems | 60.66 Bn | 59.25 Bn | 541.07 Mn | 20.03% |
| 8 | Astera Labs | 50.52 Bn | 49.27 Bn | 287.57 Mn | -48.88% |
| 9 | Credo Technology Group Holding | 30.60 Bn | 29.83 Bn | 309.08 Mn | -0.45% |
| 10 | Poet Technologies | 740.59 Mn | -55.75 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2019 | 18,377,882.26% |
| Dec 31, 2018 | 2.07% |
| Sep 30, 2018 | -2.65% |
| Jun 30, 2018 | -3.12% |
| Mar 31, 2018 | 2,292,345.53% |
| Dec 31, 2017 | 2.56% |
| Sep 30, 2017 | 2.02% |
| Jun 30, 2017 | 2.57% |
| Mar 31, 2017 | 2.07% |
| Dec 31, 2016 | 2.42% |
| Sep 30, 2016 | -3.69% |