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Switch (Switch) Tax Rate % : 231.07% (As of Sep. 2022)


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What is Switch Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Switch's Tax Expense for the three months ended in Sep. 2022 was $0.4 Mil. Switch's Pre-Tax Income for the three months ended in Sep. 2022 was $0.2 Mil. Therefore, Switch's Tax Rate % for the quarter that ended in Sep. 2022 was 231.07%.

Switch Tax Rate % Historical Data

The historical data trend for Switch'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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Switch Tax Rate % Chart

Switch Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Tax Rate %
Get a 7-Day Free Trial 10.26 6.22 7.92 10.56 15.27

Switch Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.28 8.11 15.05 0.47 231.07

Switch Tax Rate % Calculation

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

Switch's Tax Rate % for the fiscal year that ended in Dec. 2021 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2021 )/Pre-Tax Income (A: Dec. 2021 )
=2.658/17.409
=15.27 %

Switch's Tax Rate % for the quarter that ended in Sep. 2022 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2022 )/Pre-Tax Income (Q: Sep. 2022 )
=0.409/0.177
=231.07 %

* 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.

Switch Tax Rate % Related Terms

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

Switch (Switch) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Switch Inc (NYSE:SWCH) » Definitions » Tax Rate %
Comparable Companies
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Traded in Other Exchanges
N/A
Address
7135 South Decatur Boulevard, Las Vegas, NV, USA, 89118
Website
https://www.switch.com
Switch Inc is a US-based technology infrastructure company. It is engaged in designing, constructing, and operating hyper-scale data centers. The company has developed patented technologies that have redefined data center space and cooling, allowing customers to deploy high-density and scalable IT architectures to support demanding and critical workloads. Switch owns and operates primary campus locations called Primes. These Primes are The Core Campus in Vegas, Nevada; The Citadel Campus near Reno, Nevada; The Pyramid Campus in Grand Rapids, Michigan; and The Keep Campus in Atlanta, Georgia. It generates the majority of its revenue through colocation, which includes the licensing and leasing of cabinet space & power.
Executives
Thomas A Thomas director 5241 SPRING MOUNTAIN ROAD, LAS VEGAS NV 89150
Teresa A. Borden officer: Chief Construction Officer C/O SWITCH, INC., 7135 SOUTH DECATUR BOULEVARD, LAS VEGAS NV 89118
Rob Roy director, 10 percent owner, officer: Chief Executive Officer 7135 S. DECATUR BLVD, LAS VEGAS NV 89118
Erin Thomas Morton 10 percent owner, officer: President and General Counsel 7135 S. DECATUR BLVD, LAS VEGAS NV 89118
Stella Roy 10 percent owner 410 S. RAMPART BLVD., SUITE 350, LAS VEGAS NV 89145
Jonathan H King officer: Chief Revenue Officer C/O SWITCH, INC., 7135 SOUTH DECATUR BOULEVARD, LAS VEGAS NV 89118
Jason Genrich director C/O SWITCH, INC., 7135 SOUTH DECATUR BOULEVARD, LAS VEGAS NV 89118
Melissa Young officer: Chief Information Officer C/O SWITCH, INC., 7135 SOUTH DECATUR BOULEVARD, LAS VEGAS NV 89118
First St Switch Llc 10 percent owner 1370 JET STREAM DRIVE, SUITE 100, HENDERSON NV 89052
Jeffrey Alan Troesh 10 percent owner 1370 JET STREAM DRIVE, SUITE 100, HENDERSON NV 89052
Eastern Capital Group Llc 10 percent owner 1370 JET STREAM DRIVE, SUITE 100, HENDERSON NV 89052
Family Foundation Troesh 10 percent owner 1370 JET STREAM DRIVE, SUITE 100, HENDERSON NV 89052
Angela N Archon director 294 ROUTE 100, BUILDING 1, SOMERS NY 10589
Liane J Pelletier director 10700 NE 4TH STREET # 4004, BELLEVUE WA 98004
Dt Grat Lm, Llc 10 percent owner 1370 JET STREAM DRIVE, SUITE 100, HENDERSON NV 89052