Ocean Rig UDW (FRA:9ORN) Tax Rate % : -17.47% (As of Sep. 2018)

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What is Ocean Rig UDW Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ocean Rig UDW's Tax Expense for the three months ended in Sep. 2018 was €4.0 Mil. Ocean Rig UDW's Pre-Tax Income for the three months ended in Sep. 2018 was €-23.0 Mil. Therefore, Ocean Rig UDW's Tax Rate % for the quarter that ended in Sep. 2018 was -17.47%.

Ocean Rig UDW Tax Rate % Historical Data

The historical data trend for Ocean Rig UDW'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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Ocean Rig UDW Tax Rate % Chart

Ocean Rig UDW Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Tax Rate %

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41.32

23.05

55.51

-3.39

109.30

Ocean Rig UDW 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															-4.81	16.55	15.56	-44.73	-17.47

Ocean Rig UDW Tax Rate % Calculation

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

Ocean Rig UDW'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 )
	=	53.653	/	49.089
	=	109.30 %

Ocean Rig UDW'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 )
	=	4.02	/	-23.013
	=	-17.47 %

Ocean Rig UDW Tax Rate % Related Terms

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Ocean Rig UDW (FRA:9ORN) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ocean Rig UDW Inc (FRA:9ORN) » Definitions » Tax Rate %

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Address

Website

http://www.ocean-rig.com

Ocean Rig UDW Inc is an international offshore drilling contractor. It provides oilfield services for offshore oil and gas exploration, development and production drilling and specializing in the ultra-deepwater and harsh-environment segment of the offshore drilling industry. The company employs drilling units primarily on a day rate basis for periods of between two months and six years to drill wells for its customers, typically major oil companies, integrated oil and gas companies, state-owned national oil companies and independent oil and gas companies.

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