Gainsco (Gainsco) Tax Rate % : -89.88% (As of Sep. 2010)

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What is Gainsco Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Gainsco's Tax Expense for the three months ended in Sep. 2010 was $-1.9 Mil. Gainsco's Pre-Tax Income for the three months ended in Sep. 2010 was $2.1 Mil. Therefore, Gainsco's Tax Rate % for the quarter that ended in Sep. 2010 was -89.88%.

Gainsco Tax Rate % Historical Data

The historical data trend for Gainsco'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.

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Gainsco Tax Rate % Chart

Gainsco Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Tax Rate %

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-66.55

-120.06

-121.90

-1.37

1.64

Gainsco Quarterly Data
	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Tax Rate %	Get a 7-Day Free Trial															10.58	-6.52	2.85	2.09	-89.88

Gainsco Tax Rate % Calculation

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

Gainsco's Tax Rate % for the fiscal year that ended in Dec. 2009 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2009 )	/	Pre-Tax Income (A: Dec. 2009 )
	=	0.068	/	4.141
	=	1.64 %

Gainsco's Tax Rate % for the quarter that ended in Sep. 2010 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2010 )	/	Pre-Tax Income (Q: Sep. 2010 )
	=	-1.866	/	2.076
	=	-89.88 %

Gainsco Tax Rate % Related Terms

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Gainsco (Gainsco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Gainsco Inc (OTCPK:GANS) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3333 Lee Parkway, Suite 1200, Dallas, TX, USA, 75219-5134

Website

http://www.gainsco.com

Gainsco Inc is a United States-based property and casualty insurance holding company. It focuses on the non-standard personal automobile market, specializing in minimum-limits personal auto insurance. The company's insurance brand is GAINSCO Auto Insurance. It sells the insurance policies through independent partner agents and website comparison shopping places.

Executives

Robert J Boulware	director	101 JEFFERSON DRIVE, MENLO PARK CA 94025
Sam Rosen	other: Former Director	4428 RIVERIDGE DRIVE, FORT WORTH TX 76109
Robert W Stallings	director, 10 percent owner, officer: Executive Chairman	5242 BUENA VISTA DRIVE, FRISCO TX 75034
John C Goff	director, 10 percent owner	500 COMMERCE STREET, SUITE 700, FORT WORTH TX 76102
James Richard Reis	10 percent owner, officer: Executive Vice President	3333 LEE PARKWAY, SUITE 1200, DALLAS TX 75219

Gainsco (Gainsco) Headlines

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