CBMDF (CBM Asia Development) Tax Rate %: 0.00% (As of Sep. 2013)


What is CBM Asia Development Tax Rate %?

CBM Asia Development CBMDF -90.00% Tax Rate % is 0.00% as of Sep. 2013.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CBM Asia Development's Tax Expense for the three months ended in Sep. 2013 was $0.00 Mil. CBM Asia Development's Pre-Tax Income for the three months ended in Sep. 2013 was $-1.09 Mil. Therefore, CBM Asia Development's Tax Rate % for the quarter that ended in Sep. 2013 was 0.00%.

CBM Asia Development Tax Rate % Related Terms

CBM Asia Development Tax Rate % Historical Data

* Premium members only.

The historical data trend for CBM Asia Development'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.

CBM Asia Development Tax Rate % Chart

CBM Asia Development Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Tax Rate %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

CBM Asia Development Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 0.00 0.00 0.00 0.00 0.00

CBM Asia Development Tax Rate % Calculation

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

CBM Asia Development's Tax Rate % for the fiscal year that ended in Dec. 2012 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2012 )/Pre-Tax Income (A: Dec. 2012 )
=0/-12.751
=0.00 %

CBM Asia Development's Tax Rate % for the quarter that ended in Sep. 2013 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2013 )/Pre-Tax Income (Q: Sep. 2013 )
=0/-1.088
=0.00 %

* 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 0.00% mean?
CBM Asia Development (CBMDF) has a Tax Rate % of 0.00% as of Sep. 2013.
Is CBM Asia Development's Tax Rate % too high?
CBM Asia Development's current Tax Rate % is 0.00%.
How does CBM Asia Development's Tax Rate % compare to IFNY and EXNT?
CBM Asia Development's Tax Rate % of 0.00% can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Tax Rate % depends on the Oil & Gas 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. CBM Asia Development's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CBM Asia Development stock overvalued right now?
CBM Asia Development (CBMDF) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. 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 CBM Asia Development (CBMDF), the current Tax Rate % is 0.00% as of Sep. 2013. 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.

CBM Asia Development Business Description

Industry EnergyOil & Gas
Address 5626 Larch Street, Vancouver, BC, CAN, V6M 4E1
CBM Asia Development Corp is engaged in the exploration and development of its interests in gas properties in Indonesia.