GLAE (GlassBridge Enterprises) Tax Rate %: 0.00% (As of Sep. 2023)

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GLAE GlassBridge Enterprises Inc GLAE
12 GF Score
Price $28.00
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What is GlassBridge Enterprises Tax Rate %?

GlassBridge Enterprises GLAE 12 Tax Rate % is 0.00% as of Sep. 2023. GuruFocus rates GLAE with a GF Score™ of 12/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. GlassBridge Enterprises's Tax Expense for the three months ended in Sep. 2023 was $0.00 Mil. GlassBridge Enterprises's Pre-Tax Income for the three months ended in Sep. 2023 was $-1.10 Mil. Therefore, GlassBridge Enterprises's Tax Rate % for the quarter that ended in Sep. 2023 was 0.00%.

GlassBridge Enterprises Tax Rate % Related Terms

GlassBridge Enterprises Tax Rate % Historical Data

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The historical data trend for GlassBridge Enterprises'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.

GlassBridge Enterprises Tax Rate % Chart

GlassBridge Enterprises Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.14 0.00 0.00 0.00 0.00

GlassBridge Enterprises Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 0.00 0.00 0.00 0.00 0.00
GLAE
12GF Score
GlassBridge Enterprises Inc GLAE
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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GlassBridge Enterprises Tax Rate % Calculation

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

GlassBridge Enterprises'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/-3
=0.00 %

GlassBridge Enterprises'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/-1.1
=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?
GlassBridge Enterprises (GLAE) has a Tax Rate % of 0.00% as of Sep. 2023.
Is GlassBridge Enterprises' Tax Rate % too high?
GlassBridge Enterprises' current Tax Rate % is 0.00%. Overall, GlassBridge Enterprises has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does GlassBridge Enterprises' Tax Rate % compare to IGOT and HMNU?
GlassBridge Enterprises' Tax Rate % of 0.00% can be compared against companies in the Asset Management 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 Asset Management company?
A good Tax Rate % depends on the Asset Management 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. GlassBridge Enterprises'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 GlassBridge Enterprises stock overvalued right now?
GlassBridge Enterprises (GLAE) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. GlassBridge Enterprises' overall GF Score™ is 12/100. 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 GlassBridge Enterprises (GLAE), the current Tax Rate % is 0.00% 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.

GlassBridge Enterprises Business Description

Address 18 East 50th Street, FL7, New York, NY, USA, 10022
GlassBridge Enterprises Inc is a holding company in the United States. It is involved in the asset management business that comprises investment advisory services to third-party investors through managed funds, as well as separately managed accounts. The firm operates in two segments: Asset Management Business, through AAM, and a sports investment platform, through SportBLX-both owned by Adara.
12GF Score

Get the complete analysis for GLAE

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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