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% above its 4-year average of -3.70%, near the high end of its 4-year range (-14.81%–0.00%).
As of the fiscal period ended Thursday, June 30, 2016. 100.00% above its 12-month average of -7.41%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q2 FY2016 (2016-06-30): 0.00%.
TAX RATE
0.00%
TAX RATE AVG TTM
-7.41%
TAX RATE AVG 3Y
-4.94%
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
+100.00%
CURRENT VS 3Y AVG
+100.00%
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 |
|---|---|
| 2016-06-30 | 0.00% |
| 2015-10-30 | -14.81% |
| 2014-06-30 | 0.00% |
| 2011-12-31 | 0.00% |