AVI (Advantage Insurance) Tax Rate %: -55.78% (As of Sep. 2017)


What is Advantage Insurance Tax Rate %?

Advantage Insurance AVI Tax Rate % is -55.78% as of Sep. 2017.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Advantage Insurance's Tax Expense for the six months ended in Sep. 2017 was $0.39 Mil. Advantage Insurance's Pre-Tax Income for the six months ended in Sep. 2017 was $-0.70 Mil. Therefore, Advantage Insurance's Tax Rate % for the quarter that ended in Sep. 2017 was -55.78%.

Advantage Insurance Tax Rate % Related Terms

Advantage Insurance Tax Rate % Historical Data

* Premium members only.

The historical data trend for Advantage Insurance'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.

Advantage Insurance Tax Rate % Chart

Advantage Insurance Annual Data
Trend Dec15 Dec16
Tax Rate %
-6.30 2.20

Advantage Insurance Semi-Annual Data
Dec15 Sep16 Dec16 Sep17
Tax Rate % 0.00 -2.26 9.07 -55.78

Advantage Insurance Tax Rate % Calculation

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

Advantage Insurance's Tax Rate % for the fiscal year that ended in Dec. 2016 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2016 )/Pre-Tax Income (A: Dec. 2016 )
=0.146/6.628
=2.20 %

Advantage Insurance's Tax Rate % for the quarter that ended in Sep. 2017 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2017 )/Pre-Tax Income (Q: Sep. 2017 )
=0.391/-0.701
=-55.78 %

* 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 -55.78% mean?
Advantage Insurance (AVI) has a Tax Rate % of -55.78% as of Sep. 2017.
Is Advantage Insurance's Tax Rate % too high?
Advantage Insurance's current Tax Rate % is -55.78%.
How does Advantage Insurance's Tax Rate % compare to ?
Advantage Insurance's Tax Rate % of -55.78% can be compared against companies in the Insurance 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 an Insurance company?
A good Tax Rate % depends on the Insurance 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. Advantage Insurance's current Tax Rate % is -55.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advantage Insurance stock overvalued right now?
Advantage Insurance (AVI) has a current Tax Rate % of -55.78%. The current Tax Rate % is -55.78%. 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 Advantage Insurance (AVI), the current Tax Rate % is -55.78% as of Sep. 2017. 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.

Advantage Insurance Business Description

Comparable Companies