Sorrento Therapeutics (LTS:0L85) Total Tax Payable: $12.93 Mil (As of Jun. 2023)

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LTS:0L85 Sorrento Therapeutics Inc LTS:0L85
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What is Sorrento Therapeutics Total Tax Payable?

Sorrento Therapeutics LTS:0L85 12 Total Tax Payable is $12.93 Mil as of Jun. 2023. GuruFocus rates LTS:0L85 with a GF Score™ of 12/100.

Sorrento Therapeutics's Total Tax Payable for the quarter that ended in Jun. 2023 was $12.93 Mil.

Sorrento Therapeutics's quarterly Total Tax Payable increased from Dec. 2022 ($0.00 Mil) to Mar. 2023 ($12.15 Mil) and increased from Mar. 2023 ($12.15 Mil) to Jun. 2023 ($12.93 Mil).

Sorrento Therapeutics Total Tax Payable Related Terms

Sorrento Therapeutics Total Tax Payable Historical Data

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The historical data trend for Sorrento Therapeutics's Total Tax Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sorrento Therapeutics Total Tax Payable Chart

Sorrento Therapeutics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Tax Payable
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Sorrento Therapeutics Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Total Tax Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 12.15 12.93
LTS:0L85
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Sorrento Therapeutics Inc LTS:0L85
Total Tax Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sorrento Therapeutics Total Tax Payable Calculation

Total Tax Payable is the taxes liability owed to federal, state, and local tax authorities. It is the carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes.

Frequently Asked Questions Learn more about Total Tax Payable →
What does a Total Tax Payable of $12.93 Mil mean?
Sorrento Therapeutics (LTS:0L85) has a Total Tax Payable of $12.93 Mil as of Jun. 2023. Tax Payable is the taxes liability owed to federal, state, and local tax authorities. View historical data on Sorrento Therapeutics and its competitors.
Is Sorrento Therapeutics' Total Tax Payable too high?
Sorrento Therapeutics' current Total Tax Payable is $12.93 Mil. Overall, Sorrento Therapeutics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Sorrento Therapeutics' Total Tax Payable compare to IMUX and OCUP?
Sorrento Therapeutics' Total Tax Payable of $12.93 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Tax Payable for a Biotechnology company?
A good Total Tax Payable depends on the Biotechnology industry context. However, Total Tax Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Tax Payable mean?
A high Total Tax Payable can signal that a stock is expensive relative to its fundamentals. Tax Payable is the taxes liability owed to federal, state, and local tax authorities. View historical data on Sorrento Therapeutics and its competitors. Sorrento Therapeutics's current Total Tax Payable is $12.93 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sorrento Therapeutics stock overvalued right now?
Sorrento Therapeutics (LTS:0L85) has a current Total Tax Payable of $12.93 Mil. The current Total Tax Payable is $12.93 Mil. Sorrento Therapeutics' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Tax Payable calculated?
Total Tax Payable is calculated from a company's financial statements. For Sorrento Therapeutics (LTS:0L85), the current Total Tax Payable is $12.93 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sorrento Therapeutics Business Description

Address 4955 Directors Place, San Diego, CA, USA, 92121
Sorrento Therapeutics Inc is a clinical and commercial-stage biopharmaceutical company developing a portfolio of next-generation treatments for three major therapeutic areas: cancer, infectious disease, and pain. Its multimodal, multipronged approach to fighting cancer is made possible by its extensive immuno-oncology platforms, including key assets such as fully human antibodies (G-MAB library), immuno-cellular therapies (DAR-T), antibody-drug conjugates (ADCs), and oncolytic virus (Seprehvec). Sorrento is also developing potential antiviral therapies and vaccines against coronaviruses, including COVI-AMG, COVIDROPS, COVISHIELD, FUJOVEE (Abivertinib), and OQORY (Covi-MSC), and diagnostic test solutions, including COVITRACK and COVIMARK.
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