Solai (SLAI) Tax Rate (2012 - 2019)
Solai (SLAI) posted quarterly Tax Rate of 52.46% for Q4 2019, up 5136.0% year-on-year from 1.0% in Q4 2018, and up 21531.67% on a QoQ basis from 0.24% in Q3 2019.
Solai (SLAI) Tax Rate (2012 - 2019) Analysis & Trends
Solai (SLAI) has reported Tax Rate for 8 consecutive years, with 52.46% the latest figure, recorded in Q4 2019.
- Quarterly Tax Rate rose 5136.0% year-over-year to 52.46% in Q4 2019, while the trailing twelve-month figure through Dec 2019 was 26.26% (up 3044.0% YoY) and the FY2025 annual result came in at 21.0%, changed 0.0% from the prior year.
- Tax Rate improved to 52.46% in Q4 2019 per SLAI's latest filing, from 0.24% in the prior quarter.
- Over the last five years, Tax Rate for SLAI reached as high as 69.21% in Q4 2015 and fell as low as 57.45% in Q4 2016.
- A 5-year average of 4.89% and a median of 1.51% in 2016 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2015 — Tax Rate jumped 10395 bps — and 2016, when it sank 12666 bps.
- Year by year, Tax Rate stood at 69.21% in 2015, then slumped by 183 bps to 57.45% in 2016, then jumped by 106 bps to 3.41% in 2017, then sank by 68 bps to 1.1% in 2018, then surged by 4680 bps to 52.46% in 2019.
- According to Business Quant data, Tax Rate over the past three periods registered 52.46%, 0.24%, and 0.11% for Q4 2019, Q3 2019, and Q1 2019 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 12.63% |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 24.19% |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | -8.48% |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 29.49% |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | 28.00% |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 40.93% |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 23.99% |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | -22.49% |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 18.88% |
| 10 | Solai | 9.18 Mn | 7.85 Mn | -2.96 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2019 | 52.46% |
| Dec 31, 2019 | 52.46% |
| Dec 31, 2019 | 52.46% |
| Sep 30, 2019 | -0.24% |
| Sep 30, 2019 | -0.24% |
| Sep 30, 2019 | -0.24% |
| Mar 31, 2019 | -0.11% |
| Mar 31, 2019 | -0.11% |
| Mar 31, 2019 | -0.11% |
| Dec 31, 2018 | 1.10% |
| Dec 31, 2018 | 1.10% |
| Dec 31, 2018 | 1.10% |
| Sep 30, 2018 | -0.68% |
| Sep 30, 2018 | -0.68% |
| Sep 30, 2018 | -0.68% |
| Jun 30, 2018 | -28.44% |
| Jun 30, 2018 | -28.44% |
| Jun 30, 2018 | -28.44% |
| Mar 31, 2018 | -1.52% |
| Mar 31, 2018 | -1.52% |