FTS International (FRA:FT5) Tax Rate % : -1.01% (As of Sep. 2021)

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What is FTS International Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. FTS International's Tax Expense for the three months ended in Sep. 2021 was €0.1 Mil. FTS International's Pre-Tax Income for the three months ended in Sep. 2021 was €-8.4 Mil. Therefore, FTS International's Tax Rate % for the quarter that ended in Sep. 2021 was -1.01%.

FTS International Tax Rate % Historical Data

The historical data trend for FTS International'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.

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FTS International Tax Rate % Chart

FTS International Annual Data

Trend

Dec08

Dec09

Dec10

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Tax Rate %

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0.84

0.79

0.77

-1.96

FTS International Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Tax Rate %	Get a 7-Day Free Trial															-	-	-	-4.00	-1.01

FTS International Tax Rate % Calculation

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

FTS International's Tax Rate % for the fiscal year that ended in Dec. 2020 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2020 )	/	Pre-Tax Income (A: Dec. 2020 )
	=	0	/	0
	=	%

FTS International's Tax Rate % for the quarter that ended in Sep. 2021 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2021 )	/	Pre-Tax Income (Q: Sep. 2021 )
	=	0.085	/	-8.415
	=	-1.01 %

FTS International Tax Rate % Related Terms

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FTS International (FRA:FT5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » FTS International Inc (FRA:FT5) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

777 Main Street, Suite 2900, Fort Worth, TX, USA, 76102

Website

https://www.ftsi.com

FTS International Inc is operates in the energy sector of United States. It caters to the oil and gas industry as one of the largest providers of hydraulic fracturing services in North America. The objective of hydraulic fracturing is to enhance hydrocarbon flow in oil and natural gas wells, thereby increasing the amount of hydrocarbons recovered. The company also has significant maintenance and repair capabilities, and it manufactures replacement parts to support its operations and enhance its asset utilization.

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