Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the tax rate high or low?
The tax rate of -110.60% is 255% below its 4-year average of 71.35%, around the middle of its 4-year range (-500.00%–700.00%).
As of the fiscal period ended Friday, March 31, 2017. 241.74% below its 12-month average of 78.03%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2017 (2017-03-31): -110.60%.
TAX RATE
-110.60%
TAX RATE AVG TTM
78.03%
TAX RATE AVG 3Y
285.36%
TAX RATE AVG 5Y
71.35%
TAX RATE AVG 10Y
33.02%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-241.74%
CURRENT VS 3Y AVG
-138.76%
CURRENT VS 5Y AVG
-255.01%
CURRENT VS 10Y AVG
-434.96%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | TAX RATE |
|---|---|
| 2017-03-31 | -110.60% |
| 2016-03-31 | 266.67% |
| 2015-09-30 | 700.00% |
| 2013-09-30 | -500.00% |
| 2012-12-31 | 0.70% |
| 2010-03-31 | -31.10% |
| 2008-09-30 | 40.57% |
| 2007-09-30 | -38.06% |
| 2007-06-30 | -31.00% |