ICLD (InterCloud Systems) Tax Rate %: 1.05% (As of Sep. 2018)


What is InterCloud Systems Tax Rate %?

InterCloud Systems ICLD -99.00% Tax Rate % is 1.05% as of Sep. 2018.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. InterCloud Systems's Tax Expense for the three months ended in Sep. 2018 was $0.02 Mil. InterCloud Systems's Pre-Tax Income for the three months ended in Sep. 2018 was $1.44 Mil. Therefore, InterCloud Systems's Tax Rate % for the quarter that ended in Sep. 2018 was 1.05%.

InterCloud Systems Tax Rate % Related Terms

InterCloud Systems Tax Rate % Historical Data

* Premium members only.

The historical data trend for InterCloud Systems'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.

InterCloud Systems Tax Rate % Chart

InterCloud Systems Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.31 15.58 2.59 -1.01 1.53

InterCloud Systems Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.57 1.72 -5.60 -0.38 1.05

InterCloud Systems Tax Rate % Calculation

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

InterCloud Systems's Tax Rate % for the fiscal year that ended in Dec. 2017 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2017 )/Pre-Tax Income (A: Dec. 2017 )
=-0.672/-44.005
=1.53 %

InterCloud Systems's Tax Rate % for the quarter that ended in Sep. 2018 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2018 )/Pre-Tax Income (Q: Sep. 2018 )
=0.015/1.435
=1.05 %

* 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 1.05% mean?
InterCloud Systems (ICLD) has a Tax Rate % of 1.05% as of Sep. 2018.
Is InterCloud Systems' Tax Rate % too high?
InterCloud Systems' current Tax Rate % is 1.05%.
How does InterCloud Systems' Tax Rate % compare to competitors?
InterCloud Systems' Tax Rate % of 1.05% can be compared against companies in the Software 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 Software company?
A good Tax Rate % depends on the Software 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. InterCloud Systems's current Tax Rate % is 1.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InterCloud Systems stock overvalued right now?
InterCloud Systems (ICLD) has a current Tax Rate % of 1.05%. The current Tax Rate % is 1.05%. 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 InterCloud Systems (ICLD), the current Tax Rate % is 1.05% as of Sep. 2018. 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.

InterCloud Systems Business Description

Address 980 North Federal Highway, Suite 304, Boca Raton, FL, USA, 33432
InterCloud Systems Inc is a provider of networking orchestration and automation for the Internet of things (IOT), software-defined networking (SDN) and network function virtualization (NFV) environments. The company operates in three operating segments - as an application and infrastructure provider, and professional services provider.The applications and infrastructure segment provides engineering and professional consulting services and voice, data and optical solutions. The professional services segment provides outsourced services to the wireless and wireline industry and information technology industry.