CNRD (Conrad Industries) Tax Rate %: 26.55% (As of Sep. 2023)

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CNRD Conrad Industries Inc CNRD
12 GF Score
Price $30.75
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What is Conrad Industries Tax Rate %?

Conrad Industries CNRD +4.55% 12 Tax Rate % is 26.55% as of Sep. 2023. GuruFocus rates CNRD with a GF Score™ of 12/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Conrad Industries's Tax Expense for the three months ended in Sep. 2023 was $-1.15 Mil. Conrad Industries's Pre-Tax Income for the three months ended in Sep. 2023 was $-4.32 Mil. Therefore, Conrad Industries's Tax Rate % for the quarter that ended in Sep. 2023 was 26.55%.

Conrad Industries Tax Rate % Related Terms

Conrad Industries Tax Rate % Historical Data

* Premium members only.

The historical data trend for Conrad Industries'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.

Conrad Industries Tax Rate % Chart

Conrad Industries Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.50 -68.14 30.83 60.65 75.13

Conrad Industries Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Sep22 Sep23
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 27.84 20.74 24.51 25.99 26.55
CNRD
12GF Score
Conrad Industries Inc CNRD
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Conrad Industries Tax Rate % Calculation

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

Conrad Industries's Tax Rate % for the fiscal year that ended in Dec. 2018 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2018 )/Pre-Tax Income (A: Dec. 2018 )
=0.598/0.796
=75.13 %

Conrad Industries's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2023 )/Pre-Tax Income (Q: Sep. 2023 )
=-1.148/-4.324
=26.55 %

* 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 26.55% mean?
Conrad Industries (CNRD) has a Tax Rate % of 26.55% as of Sep. 2023.
Is Conrad Industries' Tax Rate % too high?
Conrad Industries' current Tax Rate % is 26.55%. Overall, Conrad Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Conrad Industries' Tax Rate % compare to LLAP and OPXS?
Conrad Industries' Tax Rate % of 26.55% can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Tax Rate % depends on the Aerospace & Defense 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. Conrad Industries's current Tax Rate % is 26.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conrad Industries stock overvalued right now?
Conrad Industries (CNRD) has a current Tax Rate % of 26.55%. The current Tax Rate % is 26.55%. Conrad Industries' 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 Conrad Industries (CNRD), the current Tax Rate % is 26.55% as of Sep. 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.

Conrad Industries Business Description

Address 1100 Brashear Avenue, Suite 200, Morgan City, LA, USA, 70380
Conrad Industries Inc is engaged in the construction, repair, and conversion of steel and aluminum marine vessels for commercial and governmental customers. The firm's business activities are conducted through the Vessel Construction and Repair and Conversions segments. It generates maximum revenue from the Vessel Construction segment. The Vessel Construction segment involves the building of a new vessel, often including engineering and design. The Repair and Conversions segment comprises work on an existing vessel.
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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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