AMMX (AmeraMex International) Tax Rate %: 28.87% (As of Mar. 2023)


AMMX AmeraMex International Inc AMMX
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What is AmeraMex International Tax Rate %?

AmeraMex International AMMX -4.36% 12 Tax Rate % is 28.87% as of Mar. 2023. GuruFocus rates AMMX with a GF Score™ of 12/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. AmeraMex International's Tax Expense for the three months ended in Mar. 2023 was $0.04 Mil. AmeraMex International's Pre-Tax Income for the three months ended in Mar. 2023 was $0.14 Mil. Therefore, AmeraMex International's Tax Rate % for the quarter that ended in Mar. 2023 was 28.87%.

AmeraMex International Tax Rate % Related Terms

AmeraMex International Tax Rate % Historical Data

* Premium members only.

The historical data trend for AmeraMex International'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.

AmeraMex International Tax Rate % Chart

AmeraMex International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tax Rate %
Get a 7-Day Free Trial 29.35 45.18 40.25 31.40 29.45

AmeraMex International Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 28.85 30.81 35.98 29.62 28.87
AMMX
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AmeraMex International Inc AMMX
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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AmeraMex International Tax Rate % Calculation

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

AmeraMex International's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=0.364/1.236
=29.45 %

AmeraMex International's Tax Rate % for the quarter that ended in Mar. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2023 )/Pre-Tax Income (Q: Mar. 2023 )
=0.041/0.142
=28.87 %

* 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 28.87% mean?
AmeraMex International (AMMX) has a Tax Rate % of 28.87% as of Mar. 2023.
Is AmeraMex International's Tax Rate % too high?
AmeraMex International's current Tax Rate % is 28.87%. Overall, AmeraMex International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does AmeraMex International's Tax Rate % compare to PTRAQ and CEAD?
AmeraMex International's Tax Rate % of 28.87% can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Tax Rate % depends on the Farm & Heavy Construction Machinery 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. AmeraMex International's current Tax Rate % is 28.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AmeraMex International stock overvalued right now?
AmeraMex International (AMMX) has a current Tax Rate % of 28.87%. The current Tax Rate % is 28.87%. AmeraMex International's overall GF Score™ is 12/100. 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 AmeraMex International (AMMX), the current Tax Rate % is 28.87% as of Mar. 2023. 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.

AmeraMex International Business Description

Address 3930 Esplanade, Chico, CA, USA, 95973
AmeraMex International Inc is a dealer of new and refurbished heavy equipment. It sells, leases, and rents heavy equipment to companies within multiple industries, including construction, shipping, logistics, mining, commercial farming, logging, forestry conservation, and lumber. The company's key product line is specialized container handling equipment for the loading and unloading of container ships and dry dock areas.
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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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