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 5-year average of 0.88%, near the low end of its 5-year range (0.00%–3.53%).
As of the fiscal period ended Friday, June 30, 2017.
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
0.00%
TAX RATE AVG 5Y
0.88%
TAX RATE AVG 10Y
0.50%
TAX RATE AVG 15Y
0.35%
TAX RATE AVG 20Y
N/A
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
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 |
|---|---|
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2013-12-31 | 3.53% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 0.00% |
| 2011-09-30 | 0.00% |
| 2010-06-30 | 0.00% |
| 2005-12-31 | 0.00% |
| 2004-12-31 | 0.00% |
| 2002-06-30 | 0.00% |