COUV (Corporate Universe) Tax Rate %: 6.67% (As of Sep. 2023)


What is Corporate Universe Tax Rate %?

Corporate Universe COUV Tax Rate % is 6.67% as of Sep. 2023.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Corporate Universe's Tax Expense for the three months ended in Sep. 2023 was $-0.06 Mil. Corporate Universe's Pre-Tax Income for the three months ended in Sep. 2023 was $-0.84 Mil. Therefore, Corporate Universe's Tax Rate % for the quarter that ended in Sep. 2023 was 6.67%.

Corporate Universe Tax Rate % Related Terms

Corporate Universe Tax Rate % Historical Data

* Premium members only.

The historical data trend for Corporate Universe'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.

Corporate Universe Tax Rate % Chart

Corporate Universe Annual Data
Trend Mar00 Mar01 Dec20 Dec21 Dec22
Tax Rate %
0.00 0.00 28.57 14.53 13.28

Corporate Universe Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 7.91 36.40 8.57 6.85 6.67

Corporate Universe Tax Rate % Calculation

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

Corporate Universe'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 )
=-0.33/-2.485
=13.28 %

Corporate Universe'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 )
=-0.056/-0.84
=6.67 %

* 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 6.67% mean?
Corporate Universe (COUV) has a Tax Rate % of 6.67% as of Sep. 2023.
Is Corporate Universe's Tax Rate % too high?
Corporate Universe's current Tax Rate % is 6.67%.
How does Corporate Universe's Tax Rate % compare to DLYT and CAPC?
Corporate Universe's Tax Rate % of 6.67% can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Tax Rate % depends on the Industrial Products 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. Corporate Universe's current Tax Rate % is 6.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corporate Universe stock overvalued right now?
Corporate Universe (COUV) has a current Tax Rate % of 6.67%. The current Tax Rate % is 6.67%. 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 Corporate Universe (COUV), the current Tax Rate % is 6.67% 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.

Corporate Universe Business Description

Address 2093 Philadelphia Pike, Suite 8334, Claymont, DE, USA, 33431
Corporate Universe Inc along with its subsidiaries is engaged in developing next generation supercapacitor technology aimed at the grid and other energy storage applications.