DryShips (DryShips) Tax Rate % : -0.58% (As of Jun. 2019)

View and export this data going back to 2005. Start your Free Trial

What is DryShips Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. DryShips's Tax Expense for the three months ended in Jun. 2019 was $0.1 Mil. DryShips's Pre-Tax Income for the three months ended in Jun. 2019 was $-12.7 Mil. Therefore, DryShips's Tax Rate % for the quarter that ended in Jun. 2019 was -0.58%.

DryShips Tax Rate % Historical Data

The historical data trend for DryShips's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DryShips Tax Rate % Chart

DryShips Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Tax Rate %

Get a 7-Day Free Trial

57.29

-3.46

-0.02

-0.36

0.03

DryShips Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Tax Rate %	Get a 7-Day Free Trial															0.06	-	-	0.07	-0.58

DryShips Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

DryShips's Tax Rate % for the fiscal year that ended in Dec. 2018 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2018 )	/	Pre-Tax Income (A: Dec. 2018 )
	=	0.006	/	21.786
	=	0.03 %

DryShips's Tax Rate % for the quarter that ended in Jun. 2019 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2019 )	/	Pre-Tax Income (Q: Jun. 2019 )
	=	0.073	/	-12.652
	=	-0.58 %

DryShips Tax Rate % Related Terms

Thank you for viewing the detailed overview of DryShips's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

DryShips (DryShips) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » DryShips Inc (NAS:DRYS) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Dryships Management Services Inc, 109 Kifissias Avenue and Sina Street, Marousi, Athens, GRC, 151 24

Website

http://www.dryships.com

DryShips Inc is engaged in the shipping industry in the United States. The company operates as a provider of dry bulk commodities transportation services for the steel, electric utility, construction and agri-food industries. It operates through the dry bulk carrier and offshore support services divisions. Through this division, it operates as a provider of offshore support services to the offshore energy industry. The company owns a fleet of Panamax dry bulk vessels, Newcastlemax dry bulk vessels, Aframax tankers and gas carriers.