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| Date | Value |
|---|---|
| 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% |