FRMC (Formcap) Tax Rate %: 0.00% (As of Jun. 2017)

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What is Formcap Tax Rate %?

Formcap FRMC -99.95% Tax Rate % is 0.00% as of Jun. 2017.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Formcap's Tax Expense for the three months ended in Jun. 2017 was $0.00 Mil. Formcap's Pre-Tax Income for the three months ended in Jun. 2017 was $0.00 Mil. Therefore, Formcap's Tax Rate % for the quarter that ended in Jun. 2017 was 0.00%.

Formcap Tax Rate % Related Terms

Formcap Tax Rate % Historical Data

* Premium members only.

The historical data trend for Formcap'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.

Formcap Tax Rate % Chart

Formcap Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Tax Rate %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Formcap Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Mar16 Jun16 Sep16 Mar17 Jun17
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 0.00 0.00 0.00 0.00 0.00

Formcap Tax Rate % Calculation

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

Formcap'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/-8.611
=0.00 %

Formcap's Tax Rate % for the quarter that ended in Jun. 2017 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2017 )/Pre-Tax Income (Q: Jun. 2017 )
=0/0
= %

* 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?
Formcap (FRMC) has a Tax Rate % of 0.00% as of Jun. 2017.
Is Formcap's Tax Rate % too high?
Formcap's current Tax Rate % is 0.00%.
How does Formcap's Tax Rate % compare to UNGS and SPOWF?
Formcap'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. Formcap'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 Formcap stock overvalued right now?
Formcap (FRMC) 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 Formcap (FRMC), the current Tax Rate % is 0.00% as of Jun. 2017. 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.

Formcap Business Description

Industry EnergyOil & Gas
Address 50 West Liberty Street, Suite 880, Reno, NV, USA, 89501
Formcap Corp is an emerging oil and gas exploration and development company. The company's primary focus is the discovery and development of light crude oil in the lower U.S. states, targeting the Mississippian formation in southeast Kansas.