Trinidad Drilling (Trinidad Drilling) Tax Rate % : 20.93% (As of Sep. 2018)

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What is Trinidad Drilling Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Trinidad Drilling's Tax Expense for the three months ended in Sep. 2018 was $-98.6 Mil. Trinidad Drilling's Pre-Tax Income for the three months ended in Sep. 2018 was $-471.2 Mil. Therefore, Trinidad Drilling's Tax Rate % for the quarter that ended in Sep. 2018 was 20.93%.

Trinidad Drilling Tax Rate % Historical Data

The historical data trend for Trinidad Drilling'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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Trinidad Drilling Tax Rate % Chart

Trinidad Drilling Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Tax Rate %

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25.93

38.20

35.80

38.91

42.22

Trinidad Drilling Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Tax Rate %	Get a 7-Day Free Trial															26.44	46.04	30.43	44.06	20.93

Trinidad Drilling Tax Rate % Calculation

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

Trinidad Drilling's Tax Rate % for the fiscal year that ended in Dec. 2017 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2017 )	/	Pre-Tax Income (A: Dec. 2017 )
	=	-46.061	/	-109.089
	=	42.22 %

Trinidad Drilling's Tax Rate % for the quarter that ended in Sep. 2018 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2018 )	/	Pre-Tax Income (Q: Sep. 2018 )
	=	-98.629	/	-471.203
	=	20.93 %

Trinidad Drilling Tax Rate % Related Terms

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Trinidad Drilling (Trinidad Drilling) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Trinidad Drilling Ltd (OTCPK:TDGCF) » Definitions » Tax Rate %

Comparable Companies

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Address

Website

http://www.trinidaddrilling.com

Trinidad Drilling Ltd is a Canadian company which is engaged in providing drilling services to the oil and natural gas industry. The company's operating segments are Canadian operations which include land drilling services; US and international operations which include land and barge drilling services located in both the US and international markets, excluding all joint venture operations; Joint venture operations which include all international joint venture operations; and Manufacturing operations include manufacturing work performed in each of the Canadian and US manufacturing divisions. The majority of the company's revenue comes from oilfield services.

Trinidad Drilling (Trinidad Drilling) Headlines

From GuruFocus

Trinidad Drilling Ltd. Shows Progress on Strategic Review with Sale of Saudi Arabian Rigs

By GlobeNewswire GlobeNewswire • 04-12-2018