SEATech Ventures (SEAV) Tax Rate (2019 - 2024)

SEATech Ventures (SEAV) reported Tax Rate of 51.66% for Q2 2024, down 3589.0% on a YoY basis from 1.48% in Q3 2023, and up 35.74% quarter-over-quarter from 38.06% in Q1 2024.

SEATech Ventures (SEAV) Tax Rate (2019 - 2024) Analysis & Trends

SEATech Ventures has reported Tax Rate for 6 years, with the latest figure at 51.66% in Q2 2024.

  • For the quarter ending Q2 2024, Tax Rate fell 3589.0% year-over-year to 51.66%; the trailing twelve-month figure through Jun 2024 stood at 43.91% (down 2375.0% YoY), and the FY2023 full-year result was 49.72%, down 1271.0% from the prior year.
  • Tax Rate for Q2 2024 stood at 51.66%, up from 38.06% in the prior quarter.
  • The five-year high for Tax Rate was 181.22% in Q1 2023, with the low at 88.28% in Q2 2022.
  • Historically, Tax Rate has averaged 43.42% across 5 years, with a median of 40.01% in 2023.
  • Annual changes were most pronounced in 2021 — Tax Rate plunged 18571 bps — and 2023, when it jumped 17584 bps.
  • SEATech Ventures' Tax Rate stood at 47.9% in 2020, then decreased by 28 bps to 34.6% in 2021, then soared by 166 bps to 92.19% in 2022, then slumped by 52 bps to 44.32% in 2023, then rose by 17 bps to 51.66% in 2024.
  • The last three Tax Rate figures came in at 51.66% (Q2 2024), 38.06% (Q1 2024), and 44.32% (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn 21.23%
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 12.40%
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn -
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 24.31%
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 23.99%
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 40.93%
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 18.88%
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 26.21%
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 21.91%
10 SEATech Ventures - - - -

Historic Data

Download Data
DateValue
Jun 30, 2024 51.66%
Jun 30, 2024 51.66%
Mar 31, 2024 38.06%
Mar 31, 2024 38.06%
Dec 31, 2023 44.32%
Dec 31, 2023 44.32%
Sep 30, 2023 41.96%
Sep 30, 2023 41.96%
Jun 30, 2023 87.55%
Jun 30, 2023 87.55%
Mar 31, 2023 181.22%
Mar 31, 2023 181.22%
Dec 31, 2022 92.19%
Dec 31, 2022 92.19%
Sep 30, 2022 29.08%
Sep 30, 2022 29.08%
Jun 30, 2022 -88.28%
Jun 30, 2022 -88.28%
Mar 31, 2022 33.93%
Mar 31, 2022 33.93%