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 4-year average of 0.12%, near the low end of its 4-year range (0.00%–0.32%).
As of the fiscal period ended Friday, December 31, 2021.
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted. Q4 FY2021 (2021-12-31): 0.00%.
TAX RATE
0.00%
TAX RATE AVG TTM
0.00%
TAX RATE AVG 3Y
0.00%
TAX RATE AVG 5Y
0.12%
TAX RATE AVG 10Y
1.01%
TAX RATE AVG 15Y
1.51%
TAX RATE AVG 20Y
5.42%
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
-100.00%
CURRENT VS 10Y AVG
-100.00%
CURRENT VS 15Y AVG
-100.00%
CURRENT VS 20Y AVG
-100.00%
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 |
|---|---|
| 2021-12-31 | 0.00% |
| 2020-12-31 | 0.00% |
| 2019-03-31 | 0.00% |
| 2018-06-30 | 0.32% |
| 2018-03-31 | 0.29% |
| 2015-12-31 | 5.70% |
| 2011-12-31 | 0.76% |
| 2007-12-31 | 3.68% |
| 2006-12-31 | 2.81% |
| 2005-09-30 | 18.03% |
| 2004-09-30 | 10.01% |
| 2003-06-30 | 20.00% |
| 2003-03-31 | 20.00% |
| 2002-12-31 | -20.23% |
| 2002-09-30 | 20.00% |