CTBG (Coil Tubing Technology) Tax Rate %: 0.00% (As of Sep. 2015)

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What is Coil Tubing Technology Tax Rate %?

Coil Tubing Technology CTBG Tax Rate % is 0.00% as of Sep. 2015.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Coil Tubing Technology's Tax Expense for the three months ended in Sep. 2015 was $0.00 Mil. Coil Tubing Technology's Pre-Tax Income for the three months ended in Sep. 2015 was $-1.29 Mil. Therefore, Coil Tubing Technology's Tax Rate % for the quarter that ended in Sep. 2015 was 0.00%.

Coil Tubing Technology Tax Rate % Related Terms

Coil Tubing Technology Tax Rate % Historical Data

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The historical data trend for Coil Tubing Technology'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.

Coil Tubing Technology Tax Rate % Chart

Coil Tubing Technology Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Tax Rate %
0.00 0.00 0.00 0.00

Coil Tubing Technology Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.00 0.00 0.00 0.00 0.00

Coil Tubing Technology Tax Rate % Calculation

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

Coil Tubing Technology's Tax Rate % for the fiscal year that ended in Dec. 2014 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2014 )/Pre-Tax Income (A: Dec. 2014 )
=0/-0.316
=0.00 %

Coil Tubing Technology's Tax Rate % for the quarter that ended in Sep. 2015 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2015 )/Pre-Tax Income (Q: Sep. 2015 )
=0/-1.286
=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?
Coil Tubing Technology (CTBG) has a Tax Rate % of 0.00% as of Sep. 2015.
Is Coil Tubing Technology's Tax Rate % too high?
Coil Tubing Technology's current Tax Rate % is 0.00%.
How does Coil Tubing Technology's Tax Rate % compare to ESES and BMMCF?
Coil Tubing Technology'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. Coil Tubing Technology'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 Coil Tubing Technology stock overvalued right now?
Coil Tubing Technology (CTBG) 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 Coil Tubing Technology (CTBG), the current Tax Rate % is 0.00% as of Sep. 2015. 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.

Coil Tubing Technology Business Description

Industry EnergyOil & Gas
Address 11237 Crown Park Drive, Suite D, Houston, TX, USA, 77067
Coil Tubing Technology Inc is a United States based company. The firm provides coil tubing products and service solutions to oil and gas clients. It is engaged in the development and marketing of specialty tools and related technical solutions used with coil tubing and jointed pipe in the bottomhole assembly for the exploration and production of hydrocarbons. Its products portfolio includes jet hammer tool, jet nozzle, oscillator, rotating tool, amplidyne, and ampli-max.