Longfin (Longfin) Tax Rate % : 6.81% (As of Jun. 2018)

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What is Longfin Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Longfin's Tax Expense for the three months ended in Jun. 2018 was $-0.27 Mil. Longfin's Pre-Tax Income for the three months ended in Jun. 2018 was $-3.92 Mil. Therefore, Longfin's Tax Rate % for the quarter that ended in Jun. 2018 was 6.81%.

Longfin Tax Rate % Historical Data

The historical data trend for Longfin'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.

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Longfin Tax Rate % Chart

Longfin Annual Data

Trend

Dec17

Tax Rate %

Longfin Quarterly Data
	Feb17	Jun17	Sep17	Dec17	Mar18	Jun18
Tax Rate %	Get a 7-Day Free Trial			-7.57	-	-	3.36	6.81

Longfin Tax Rate % Calculation

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

Longfin'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	/	0
	=	%

Longfin's Tax Rate % for the quarter that ended in Jun. 2018 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2018 )	/	Pre-Tax Income (Q: Jun. 2018 )
	=	-0.267	/	-3.922
	=	6.81 %

Longfin Tax Rate % Related Terms

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Longfin (Longfin) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Longfin Corp (OTCPK:LFIN) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

16-017, 85 Broad Street, New York, NY, USA, 10004

Website

http://www.longfincorp.com

Longfin Corp is a US-based finance and technology company. It specializes in providing structured trade finance solutions and physical commodities finance solutions for finance houses and trading platforms for North America, South America, and Africa regions. The core business activity of the company is to provide Financing and FX services to importers and exporters. The services provided by the company includes importer and exporters financing, trade insurance-backed financing, financial institution intermediation, risk management engine and other.