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 3-year average of 0.22%, near the low end of its 3-year range (0.00%–1.11%).
As of the fiscal period ended Thursday, March 31, 2022.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q1 FY2022 (2022-03-31): 0.00%.
TAX RATE
0.00%
TAX RATE AVG TTM
0.00%
TAX RATE AVG 3Y
0.28%
TAX RATE AVG 5Y
0.22%
TAX RATE AVG 10Y
N/A
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
-100.00%
CURRENT VS 5Y AVG
-100.00%
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 |
|---|---|
| 2022-03-31 | 0.00% |
| 2021-12-31 | 0.00% |
| 2021-06-30 | 0.00% |
| 2019-03-31 | 1.11% |
| 2018-09-30 | 0.00% |
| 2016-06-30 | 3.58% |
| 2015-12-31 | 0.00% |
