Summit Therapeutics (SMMT) Tax Provisions (2017 - 2020)
Summit Therapeutics (SMMT) posted quarterly Tax Provisions of -$21000.0 for Q4 2020, up 99.09% year-on-year from -$10548.0 in Q1 2020, and up 62.5% on a QoQ basis from -$56000.0 in Q3 2020.
Summit Therapeutics (SMMT) Tax Provisions (2017 - 2020) Analysis & Trends
Summit Therapeutics (SMMT) has reported Tax Provisions for 4 consecutive years, with -$21000.0 the latest figure, recorded in Q4 2020.
- Quarterly Tax Provisions rose 99.09% year-over-year to -$21000.0 in Q4 2020, while the trailing twelve-month figure through Sep 2021 was -$21000.0 (up 99.16% YoY) and the FY2020 annual result came in at -$213000.0, down 691.67% from the prior year.
- Tax Provisions grew to -$21000.0 in Q4 2020 per SMMT's latest filing, from -$56000.0 in the prior quarter.
- Over the last five years, Tax Provisions for SMMT reached as high as $654347.7 in Q3 2018 and fell as low as -$2.3 million in Q4 2019.
- A 4-year average of -$805820.3 and a median of -$990828.5 in 2019 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2018 — Tax Provisions jumped 139.53% — and 2019, when it sank 305.77%.
- Year by year, Tax Provisions stood at -$1.9 million in 2017, then gained by 14.54% to -$1.7 million in 2018, then sank by 39.31% to -$2.3 million in 2019, then soared by 99.09% to -$21000.0 in 2020.
- According to Business Quant data, Tax Provisions over the past three periods registered -$21000.0, -$56000.0, and -$191000.0 for Q4 2020, Q3 2020, and Q2 2020 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | 125,146.46 |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 31.86 Mn |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | 188,883.60 |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 221.50 Mn |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 104.00 Mn |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | 179.00 Mn |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Summit Therapeutics | 11.62 Bn | 11.03 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | -21,000.00 |
| Sep 30, 2020 | -56,000.00 |
| Jun 30, 2020 | -191,000.00 |
| Mar 31, 2020 | 55,000.00 |
| Dec 31, 2019 | -2.31 Mn |
| Oct 31, 2019 | -899,800.43 |
| Sep 30, 2019 | 111,000.00 |
| Jul 31, 2019 | -1.35 Mn |
| Mar 31, 2019 | -1.08 Mn |
| Oct 31, 2018 | -1.66 Mn |
| Jul 31, 2018 | 654,347.73 |
| Apr 30, 2018 | -1.33 Mn |
| Jan 31, 2018 | 265,490.64 |
| Oct 31, 2017 | -1.94 Mn |
| Jul 31, 2017 | -1.66 Mn |
| Apr 30, 2017 | -1.50 Mn |