Touchstone Gold (FRA:T03) Tax Rate %: 0.00% (As of Jun. 2014)

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What is Touchstone Gold Tax Rate %?

Touchstone Gold FRA:T03 Tax Rate % is 0.00% as of Jun. 2014. The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Touchstone Gold's Tax Expense for the three months ended in Jun. 2014 was €0.00 Mil. Touchstone Gold's Pre-Tax Income for the three months ended in Jun. 2014 was €1.12 Mil. Therefore, Touchstone Gold's Tax Rate % for the quarter that ended in Jun. 2014 was 0.00%.

Touchstone Gold Tax Rate % Related Terms

Touchstone Gold Tax Rate % Historical Data

* Premium members only.

The historical data trend for Touchstone Gold'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.

Touchstone Gold Tax Rate % Chart

Touchstone Gold Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Tax Rate %
0.00 -1.64 0.00 0.00 0.00

Touchstone Gold Quarterly Data
Dec09 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Jun14
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Touchstone Gold Tax Rate % Calculation

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

Touchstone Gold's Tax Rate % for the fiscal year that ended in Dec. 2013 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2013 )/Pre-Tax Income (A: Dec. 2013 )
=0/-13.666
=0.00 %

Touchstone Gold's Tax Rate % for the quarter that ended in Jun. 2014 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2014 )/Pre-Tax Income (Q: Jun. 2014 )
=0/1.117
=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?
Touchstone Gold (FRA:T03) has a Tax Rate % of 0.00% as of Jun. 2014.
Is Touchstone Gold's Tax Rate % too high?
Touchstone Gold's current Tax Rate % is 0.00%.
How does Touchstone Gold's Tax Rate % compare to THMG and DTRC?
Touchstone Gold's Tax Rate % of 0.00% can be compared against companies in the Metals & Mining 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 a Metals & Mining company?
A good Tax Rate % depends on the Metals & Mining 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. Touchstone Gold'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 Touchstone Gold stock overvalued right now?
Touchstone Gold (FRA:T03) 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 Touchstone Gold (FRA:T03), the current Tax Rate % is 0.00% as of Jun. 2014. 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.

Touchstone Gold Business Description

Touchstone Gold Ltd was incorporated under the Laws of the British Virgin Islands on June 29, 2009. The Company, along with its wholly-owned subsidiaries, is an exploration stage company engaged in the exploration and development of gold properties in Colombia. The Company's project portfolio comprises of Segovia Gold Project and Santa Rosa Project.