AMCT (American Education Center) Tax Rate %: 17.67% (As of Jun. 2021)


What is American Education Center Tax Rate %?

American Education Center AMCT Tax Rate % is 17.67% as of Jun. 2021.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. American Education Center's Tax Expense for the three months ended in Jun. 2021 was $-0.04 Mil. American Education Center's Pre-Tax Income for the three months ended in Jun. 2021 was $-0.22 Mil. Therefore, American Education Center's Tax Rate % for the quarter that ended in Jun. 2021 was 17.67%.

American Education Center Tax Rate % Related Terms

American Education Center Tax Rate % Historical Data

* Premium members only.

The historical data trend for American Education Center'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.

American Education Center Tax Rate % Chart

American Education Center Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Tax Rate %
Get a 7-Day Free Trial 23.10 59.03 34.76 1.66 13.94

American Education Center Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 27.32 1.93 9.92 17.08 17.67

American Education Center Tax Rate % Calculation

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

American Education Center's Tax Rate % for the fiscal year that ended in Dec. 2020 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2020 )/Pre-Tax Income (A: Dec. 2020 )
=-0.447/-3.206
=13.94 %

American Education Center's Tax Rate % for the quarter that ended in Jun. 2021 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2021 )/Pre-Tax Income (Q: Jun. 2021 )
=-0.038/-0.215
=17.67 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 17.67% mean?
American Education Center (AMCT) has a Tax Rate % of 17.67% as of Jun. 2021.
Is American Education Center's Tax Rate % too high?
American Education Center's current Tax Rate % is 17.67%.
How does American Education Center's Tax Rate % compare to MSYN and QPRC?
American Education Center's Tax Rate % of 17.67% can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Business Services company?
A good Tax Rate % depends on the Business Services industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. American Education Center's current Tax Rate % is 17.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Education Center stock overvalued right now?
American Education Center (AMCT) has a current Tax Rate % of 17.67%. The current Tax Rate % is 17.67%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For American Education Center (AMCT), the current Tax Rate % is 17.67% as of Jun. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

American Education Center Business Description

Address 630 Fifth Avenue, Suite 2338, New York, NY, USA, 10111
American Education Center Inc is a United States-based company engaged in the provision of consulting services. Its Consulting services include Placement Advisory Services, Career Advisory Services, Student & Family Advisory Services, and Other Advisory Services. The company operates in two segments: the AEC New York segment and the AEC BVI segment. The majority of the revenue is generated from the AEC New York segment, which caters to middle-class families in China for quality education and work experiences in the United States and delivers customized high school and college placement and career advisory services to Chinese students wishing to study in the USA.