SANUWAVE Health (SNWV) Tax Rate (2020 - 2023)

SANUWAVE Health's (SNWV) quarterly Tax Rate came in at 0.02% in Q4 2023, up 6.0% year-on-year from 0.02% in Q4 2022, and up 162.32% on a QoQ basis from 0.04% in Q4 2022.

SANUWAVE Health (SNWV) Tax Rate (2020 - 2023) Analysis & Trends

SANUWAVE Health (SNWV) has 4 years of Tax Rate data on file, last reported at 0.02% in Q4 2023.

  • On a quarterly basis, Tax Rate rose 6.0% year-over-year to 0.02% in Q4 2023; TTM through Dec 2023 was 0.02%, a 0.0% change from a year earlier, with the FY2025 full-year figure at 0.72%, up 80.0% from the prior year.
  • Tax Rate for Q4 2023 stood at 0.02%, up from 0.04% in the prior quarter.
  • Over the last five years, Tax Rate for SNWV reached as high as 0.02% in Q4 2023 and fell as low as 4.87% in Q4 2021.
  • Historically, Tax Rate has averaged 1.45% across 4 years, with a median of 0.14% in 2021.
  • Across the five-year window, Tax Rate decreased 14 bps in 2021 and soared 484 bps in 2022, its largest moves.
  • Year by year, Tax Rate stood at 4.74% in 2020, then slipped by 3 bps to 4.87% in 2021, then surged by 99 bps to 0.04% in 2022, then jumped by 162 bps to 0.02% in 2023.
  • Per Business Quant data, the three most recent Tax Rate figures were 0.02% in Q4 2023, 0.04% in Q4 2022, and 4.87% in Q4 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 25.67%
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 12.35%
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 31.35%
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn -15.15%
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 17.06%
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 25.97%
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -23.16%
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 18.61%
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 SANUWAVE Health 18.65 Mn 7.87 Mn 7.43 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2023 0.02%
Dec 31, 2023 0.02%
Dec 31, 2023 0.02%
Dec 31, 2022 -0.04%
Dec 31, 2022 -0.04%
Dec 31, 2022 -0.04%
Dec 31, 2021 -4.87%
Dec 31, 2021 -4.87%
Dec 31, 2021 -4.87%
Sep 30, 2021 -0.14%
Sep 30, 2021 -0.14%
Sep 30, 2021 -0.14%
Jun 30, 2021 -0.07%
Jun 30, 2021 -0.07%
Jun 30, 2021 -0.07%
Mar 31, 2021 -0.33%
Mar 31, 2021 -0.33%
Mar 31, 2021 -0.33%
Dec 31, 2020 -4.74%
Dec 31, 2020 -4.74%