SCWorx (WORX) Tax Rate (2016 - 2020)
SCWorx's (WORX) quarterly Tax Rate came in at 13343.37% in Q4 2020, up 1324685.0% year-over-year from N/an in Q1 2020, and up 13723.82% quarter-over-quarter from 96.52% in Q4 2019.
Analysis
SCWorx (WORX) Tax Rate (2016 - 2020) Analysis & Trends
SCWorx has disclosed Tax Rate across 4 years of filings, most recently posting 13343.37% for Q4 2020.
- In Q4 2020, Tax Rate rose 1324685.0% year-over-year to 13343.37%; the TTM figure through Dec 2020 stood at 408.31% (down 42931.0% YoY), while the FY2025 annual figure was 21.0%, changed 0.0% from the prior year.
- Tax Rate came in at 13343.37% for Q4 2020 at SCWorx, up from 96.52% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 13343.37% in Q4 2020 to a low of 8.47% in Q2 2019.
- Average Tax Rate over 4 years is 1932.81%, with a median of 44.68% recorded in 2018.
- Year-over-year, Tax Rate soared 5185 bps in 2019 and jumped 1324685 bps in 2020.
- Over 4 years, Tax Rate stood at 50.35% in 2016, then declined by 11 bps to 44.68% in 2018, then surged by 116 bps to 96.52% in 2019, then jumped by 13724 bps to 13343.37% in 2020.
- Per Business Quant data, the three most recent Tax Rate figures were 13343.37% in Q4 2020, 96.52% in Q4 2019, and 0.12% in Q3 2019.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 42.69 Bn | 35.44 Bn | 695.95 Mn | 21.77% |
| 2 | Waystar Holding | 4.56 Bn | 4.37 Bn | 221.99 Mn | 27.54% |
| 3 | Doximity | 4.44 Bn | 3.75 Bn | 132.93 Mn | 39.76% |
| 4 | CCC Intelligent Solutions Holdings | 3.91 Bn | 3.79 Bn | 210.64 Mn | 32.04% |
| 5 | Schrodinger | 1.45 Bn | 1.03 Bn | 32.43 Mn | 18.67% |
| 6 | EverCommerce | 1.22 Bn | 1.09 Bn | 119.50 Mn | 13.41% |
| 7 | Certara | 1.18 Bn | 992.06 Mn | 58.15 Mn | 4.81% |
| 8 | GoodRx Holdings | 1.16 Bn | 862.52 Mn | 179.41 Mn | 44.81% |
| 9 | Healthstream | 832.62 Mn | 765.89 Mn | 54.72 Mn | 23.31% |
| 10 | SCWorx | 406,173.97 | -857,304.03 | 330,423.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2020 | 13,343.37% |
| Dec 31, 2019 | 96.52% |
| Sep 30, 2019 | -0.12% |
| Jun 30, 2019 | -8.47% |
| Mar 31, 2019 | 3.30% |
| Dec 31, 2018 | 44.68% |
| Dec 31, 2016 | 50.35% |