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 2-year average of -4.10%, near the high end of its 2-year range (-12.65%–0.35%).
As of the fiscal period ended Sunday, March 31, 2024. 100.00% below its 12-month average of 0.17%.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2024 (2024-03-31): 0.00%.
TAX RATE
0.00%
TAX RATE AVG TTM
0.17%
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
-100.00%
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 |
|---|---|
| 2024-03-31 | 0.00% |
| 2023-12-31 | 0.35% |
| 2022-03-31 | -12.65% |