Rani Therapeutics Holdings (RANI) Tax Rate (2020 - 2022)

Rani Therapeutics Holdings' Tax Rate history runs 3 years deep, the most recent figure standing at 0.06% for Q4 2022.

• On a quarterly basis, Tax Rate fell 24.0% year-over-year to 0.06% in Q4 2022; TTM through Dec 2023 was 0.02%, a 17.0% increase from a year earlier, with the FY2022 full-year figure at 0.16%, down 8.0% from the prior year.
• Tax Rate retreated to 0.06% in Q4 2022 per RANI's latest filing, from 0.65% in the prior quarter.
• Across five years, Tax Rate topped out at 0.65% in Q3 2022 and bottomed at 0.97% in Q2 2022.
• The 3-year median for Tax Rate is 0.17% (2020), against an average of 0.18%.
• Biggest YoY gain for Tax Rate was 78 bps in 2022; the steepest drop was 96 bps in 2022.
• Year by year, Tax Rate stood at 0.21% in 2020, then surged by 243 bps to 0.3% in 2021, then plunged by 79 bps to 0.06% in 2022.
• Per Business Quant, the three latest RANI Tax Rate figures stand at 0.06% (Q4 2022), 0.65% (Q3 2022), and 0.97% (Q2 2022).