SCWorx (WORX) Tax Rate (2016 - 2020)

SCWorx (WORX) posted Tax Rate of 13343.37% for Q4 2020, up 13723.82% sequentially from 96.52% in Q4 2019, and up 1324685.0% YoY from N/an in Q1 2020.

SCWorx (WORX) Tax Rate (2016 - 2020) Analysis & Trends

SCWorx has reported Tax Rate for 4 years, with the latest figure at 13343.37% in Q4 2020.

  • Quarterly Tax Rate rose 1324685.0% year-over-year to 13343.37% in Q4 2020, while the trailing twelve-month figure through Dec 2020 was 408.31% (down 42931.0% YoY) and the FY2025 annual result came in at 1.65%, changed 0.0% from the prior year.
  • Tax Rate advanced to 13343.37% in Q4 2020 per WORX's latest filing, from 96.52% in the prior quarter.
  • Over five years, Tax Rate peaked at 13343.37% in Q4 2020 and troughed at 8.47% in Q2 2019.
  • A 4-year average of 1932.81% and a median of 44.68% in 2018 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2019 and 2020: Tax Rate jumped 5185 bps in 2019, then surged 1324685 bps in 2020.
  • Over 4 years, Tax Rate stood at 50.35% in 2016, then retreated by 11 bps to 44.68% in 2018, then jumped by 116 bps to 96.52% in 2019, then soared by 13724 bps to 13343.37% in 2020.
  • According to Business Quant data, Tax Rate over the past three periods registered 13343.37%, 96.52%, and 0.12% for Q4 2020, Q4 2019, and Q3 2019 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Veeva Systems 39.72 Bn 32.40 Bn 662.02 Mn 24.92%
2 BrightSpring Health Services 12.19 Bn 11.64 Bn 492.75 Mn 7.39%
3 Healthequity 8.79 Bn 8.52 Bn 256.31 Mn 24.88%
4 10x Genomics 7.31 Bn 6.76 Bn 112.50 Mn 3.83%
5 Hinge Health 7.10 Bn 6.71 Bn 183.95 Mn 1.67%
6 MiniMed 5.66 Bn 5.36 Bn 480.00 Mn -101.09%
7 Waystar Holding 4.76 Bn 4.56 Bn 221.99 Mn 27.54%
8 Doximity 4.46 Bn 3.77 Bn 132.93 Mn 39.76%
9 Heartflow 3.66 Bn 3.28 Bn 53.19 Mn -0.14%
10 SCWorx 5.87 Mn 4.53 Mn 330,423.00 -

Historic Data

Download Data
DateValue
Dec 31, 2020 13,343.37%
Dec 31, 2020 13,343.37%
Dec 31, 2020 13,343.37%
Dec 31, 2019 96.52%
Dec 31, 2019 96.52%
Dec 31, 2019 96.52%
Sep 30, 2019 -0.12%
Sep 30, 2019 -0.12%
Sep 30, 2019 -0.12%
Jun 30, 2019 -8.47%
Jun 30, 2019 -8.47%
Jun 30, 2019 -8.47%
Mar 31, 2019 3.30%
Mar 31, 2019 3.30%
Mar 31, 2019 3.30%
Dec 31, 2018 44.68%
Dec 31, 2018 44.68%
Dec 31, 2018 44.68%
Dec 31, 2016 50.35%
Dec 31, 2016 50.35%