GTMIF (Gastem) Tax Rate %: 0.00% (As of Sep. 2013)


What is Gastem Tax Rate %?

Gastem GTMIF -99.00% Tax Rate % is 0.00% as of Sep. 2013.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Gastem's Tax Expense for the three months ended in Sep. 2013 was $0.00 Mil. Gastem's Pre-Tax Income for the three months ended in Sep. 2013 was $-0.21 Mil. Therefore, Gastem's Tax Rate % for the quarter that ended in Sep. 2013 was 0.00%.

Gastem Tax Rate % Related Terms

Gastem Tax Rate % Historical Data

* Premium members only.

The historical data trend for Gastem'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.

Gastem Tax Rate % Chart

Gastem Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Tax Rate %
Get a 7-Day Free Trial Premium Member Only 19.10 18.70 -24.03 -9.42 12.80

Gastem Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 -86.80 17.06 0.00 0.00 0.00

Gastem Tax Rate % Calculation

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

Gastem's Tax Rate % for the fiscal year that ended in Dec. 2012 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2012 )/Pre-Tax Income (A: Dec. 2012 )
=-0.516/-4.031
=12.80 %

Gastem's Tax Rate % for the quarter that ended in Sep. 2013 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2013 )/Pre-Tax Income (Q: Sep. 2013 )
=0/-0.205
=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?
Gastem (GTMIF) has a Tax Rate % of 0.00% as of Sep. 2013.
Is Gastem's Tax Rate % too high?
Gastem's current Tax Rate % is 0.00%.
How does Gastem's Tax Rate % compare to ?
Gastem'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. Gastem'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 Gastem stock overvalued right now?
Gastem (GTMIF) 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 Gastem (GTMIF), the current Tax Rate % is 0.00% as of Sep. 2013. 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.

Gastem Business Description

Industry EnergyOil & Gas
Comparable Companies
Address 1155, rue University, Bureau 1308, Montreal, QC, CAN, H3B 3A7
Gastem Inc is a Quebec-based oil and gas exploration and development company. Its main focus is to develop commercial production of the Utica Shale formations in Quebec and New York State as well as exploring the world-class potential conventional structures of the Magdalen Islands and the Magdalen Basin in Quebec. The company's operations include Yamaska Property, St Jean Block, Joly Property, US Appalachia, and the Gulf of St Lawrence.