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 0.00% is 100% below its 1-year average of 12.36%, near the low end of its 1-year range (0.00%–40.06%).
As of the fiscal period ended Wednesday, June 30, 2021. 99.95% below its 12-month average of 3.12%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2021 (2021-06-30): 0.00%.
TAX RATE
0.00%
TAX RATE AVG TTM
3.12%
TAX RATE AVG 3Y
N/A
TAX RATE AVG 5Y
N/A
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
-99.95%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
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 |
|---|---|
| 2021-06-30 | 0.00% |
| 2021-03-31 | 0.00% |
| 2020-06-30 | 9.36% |
| 2020-03-31 | 40.06% |