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 -1.55%, near the high end of its 4-year range (-7.07%–0.88%).
As of the fiscal period ended Tuesday, December 31, 2019.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
TAX RATE
0.00%
TAX RATE AVG TTM
0.00%
TAX RATE AVG 3Y
0.29%
TAX RATE AVG 5Y
-1.55%
TAX RATE AVG 10Y
-1.75%
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
+100.00%
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 |
|---|---|
| 2019-12-31 | 0.00% |
| 2019-03-31 | 0.00% |
| 2018-09-30 | 0.88% |
| 2015-12-31 | -7.07% |
| 2012-12-31 | -7.25% |
| 2011-12-31 | 2.92% |
| 2008-06-30 | 19.66% |
| 2008-03-31 | 19.71% |
| 2007-12-31 | 24.76% |