GLRI (Glori Energy) Tax Rate %: 0.00% (As of Dec. 2016)


What is Glori Energy Tax Rate %?

Glori Energy GLRI Tax Rate % is 0.00% as of Dec. 2016.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Glori Energy's Tax Expense for the three months ended in Dec. 2016 was $0.00 Mil. Glori Energy's Pre-Tax Income for the three months ended in Dec. 2016 was $-3.80 Mil. Therefore, Glori Energy's Tax Rate % for the quarter that ended in Dec. 2016 was 0.00%.

Glori Energy Tax Rate % Related Terms

Glori Energy Tax Rate % Historical Data

* Premium members only.

The historical data trend for Glori Energy'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.

Glori Energy Tax Rate % Chart

Glori Energy Annual Data
Trend Mar12 Mar13 Mar14 Dec15 Dec16
Tax Rate %
0.00 0.00 0.00 0.50 0.05

Glori Energy Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 0.05 0.00 0.18 0.00 0.00

Glori Energy Tax Rate % Calculation

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

Glori Energy's Tax Rate % for the fiscal year that ended in Dec. 2016 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2016 )/Pre-Tax Income (A: Dec. 2016 )
=-0.006/-12.929
=0.05 %

Glori Energy's Tax Rate % for the quarter that ended in Dec. 2016 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2016 )/Pre-Tax Income (Q: Dec. 2016 )
=0/-3.798
=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?
Glori Energy (GLRI) has a Tax Rate % of 0.00% as of Dec. 2016.
Is Glori Energy's Tax Rate % too high?
Glori Energy's current Tax Rate % is 0.00%.
How does Glori Energy's Tax Rate % compare to ALYE and FOSI?
Glori Energy's Tax Rate % of 0.00% can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Tax Rate % depends on the Diversified Financial Services 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. Glori Energy'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 Glori Energy stock overvalued right now?
Glori Energy (GLRI) 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 Glori Energy (GLRI), the current Tax Rate % is 0.00% as of Dec. 2016. 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.

Glori Energy Business Description

Address 957 Nasa Parkway, Suite 571, Houston, TX, USA, 77058
Glori Energy Inc is a development stage company.