LMPX (LMP Automotive Holdings) Tax Rate %: 7.87% (As of Sep. 2021)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LMPX LMP Automotive Holdings Inc LMPX
18 GF Score
Price $0.08
View Full Analysis

What is LMP Automotive Holdings Tax Rate %?

LMP Automotive Holdings LMPX 18 Tax Rate % is 7.87% as of Sep. 2021. GuruFocus rates LMPX with a GF Score™ of 18/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. LMP Automotive Holdings's Tax Expense for the three months ended in Sep. 2021 was $0.5 Mil. LMP Automotive Holdings's Pre-Tax Income for the three months ended in Sep. 2021 was $6.0 Mil. Therefore, LMP Automotive Holdings's Tax Rate % for the quarter that ended in Sep. 2021 was 7.87%.

LMP Automotive Holdings Tax Rate % Related Terms

LMP Automotive Holdings Tax Rate % Historical Data

* Premium members only.

The historical data trend for LMP Automotive Holdings'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.

LMP Automotive Holdings Tax Rate % Chart

LMP Automotive Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20
Tax Rate %
0.00 0.00 0.00 0.00

LMP Automotive Holdings Quarterly Data
Dec17 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.00 0.00 0.00 -89.35 7.87
LMPX
18GF Score
LMP Automotive Holdings Inc LMPX
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LMP Automotive Holdings Tax Rate % Calculation

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

LMP Automotive Holdings's Tax Rate % for the fiscal year that ended in Dec. 2020 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2020 )/Pre-Tax Income (A: Dec. 2020 )
=0/-4.816
=0.00 %

LMP Automotive Holdings's Tax Rate % for the quarter that ended in Sep. 2021 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2021 )/Pre-Tax Income (Q: Sep. 2021 )
=0.469/5.962
=7.87 %

* 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 7.87% mean?
LMP Automotive Holdings (LMPX) has a Tax Rate % of 7.87% as of Sep. 2021.
Is LMP Automotive Holdings' Tax Rate % too high?
LMP Automotive Holdings' current Tax Rate % is 7.87%. Overall, LMP Automotive Holdings has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does LMP Automotive Holdings' Tax Rate % compare to LOTZ and JZXN?
LMP Automotive Holdings' Tax Rate % of 7.87% can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Tax Rate % depends on the Vehicles & Parts 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. LMP Automotive Holdings's current Tax Rate % is 7.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LMP Automotive Holdings stock overvalued right now?
LMP Automotive Holdings (LMPX) has a current Tax Rate % of 7.87%. The current Tax Rate % is 7.87%. LMP Automotive Holdings' overall GF Score™ is 18/100. 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 LMP Automotive Holdings (LMPX), the current Tax Rate % is 7.87% as of Sep. 2021. 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.

LMP Automotive Holdings Business Description

Address 500 East Broward Boulevard, Suite 1900, Fort Lauderdale, FL, USA, 33394
LMP Automotive Holdings Inc is an e-commerce and facilities-based retail platform for consumers who desire to buy, sell, rent, subscribe for or finance pre-owned and new automobiles. Its business model is described as Buy, Rent or Subscribe, Sell and Repeat. The company offer sales of pre-owned automobiles, and rentals and subscriptions for both pre-owned and new automobiles.
18GF Score

Get the complete analysis for LMPX

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

$0.08
Price