Solai (SLAIY) Tax Rate (2012 - 2020)
Solai's (SLAIY) quarterly Tax Rate came in at 0.16% in Q4 2020, up 228.0% year-over-year from 0.05% in Q1 2020, and up 826.54% quarter-over-quarter from 0.02% in Q3 2020.
Analysis
Solai (SLAIY) Tax Rate (2012 - 2020) Analysis & Trends
Solai (SLAIY) has reported Tax Rate for 9 consecutive years, with 0.16% the latest figure, recorded in Q4 2020.
- On a quarterly basis, Tax Rate rose 228.0% year-over-year to 0.16% in Q4 2020; TTM through Dec 2020 was 1.83%, a 68.0% decrease from a year earlier, with the FY2021 full-year figure at 0.9%, down 6000090.0% from the prior year.
- Tax Rate was 0.16% for Q4 2020 at Solai, up from 0.02% in the prior quarter.
- Over five years, Tax Rate peaked at 39.48% in Q2 2016 and troughed at 57.45% in Q4 2016.
- A 5-year average of 3.7% and a median of 0.09% in 2019 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate slumped 12666 bps in 2016 and jumped 6086 bps in 2017, its largest moves.
- Over 5 years, Tax Rate stood at 57.45% in 2016, then surged by 106 bps to 3.41% in 2017, then plunged by 68 bps to 1.1% in 2018, then tumbled by 293 bps to 2.12% in 2019, then jumped by 108 bps to 0.16% in 2020.
- The last three Tax Rate figures came in at 0.16% (Q4 2020), 0.02% (Q3 2020), and 0.07% (Q2 2020), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 53.91 Bn | 53.57 Bn | 40.81 Mn | - |
| 2 | Iren | 14.36 Bn | 6.79 Bn | 103.89 Mn | 1.16% |
| 3 | Hut 8 | 11.34 Bn | 4.55 Bn | 48.04 Mn | 15.10% |
| 4 | Hyperscale Data | 8.84 Bn | 8.77 Bn | 8.80 Mn | 0.13% |
| 5 | Riot Platforms | 7.64 Bn | 7.10 Bn | 84.97 Mn | 0.04% |
| 6 | Argo Blockchain | 6.41 Bn | 6.41 Bn | - | - |
| 7 | MARA Holdings | 4.53 Bn | 4.10 Bn | - | -0.09% |
| 8 | Cleanspark | 3.57 Bn | 3.37 Bn | - | 1.22% |
| 9 | Bitdeer Technologies | 2.52 Bn | 2.06 Bn | -8.53 Mn | -11.44% |
| 10 | Solai | 10.27 Mn | 8.78 Mn | -2.65 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2020 | 0.16% |
| Sep 30, 2020 | -0.02% |
| Jun 30, 2020 | -0.07% |
| Mar 31, 2020 | -8.98% |
| Dec 31, 2019 | -2.12% |
| Sep 30, 2019 | -0.24% |
| Jun 30, 2019 | -0.24% |
| Mar 31, 2019 | -0.11% |
| Dec 31, 2018 | 1.10% |
| Sep 30, 2018 | -0.68% |
| Jun 30, 2018 | -27.38% |
| Mar 31, 2018 | -1.52% |
| Dec 31, 2017 | 3.41% |
| Sep 30, 2017 | 1.74% |
| Jun 30, 2017 | -29.39% |
| Mar 31, 2017 | 4.66% |
| Dec 31, 2016 | -57.45% |
| Sep 30, 2016 | 2.10% |
| Jun 30, 2016 | 39.48% |
| Mar 31, 2016 | 1.51% |