Avanta Serviced Office Group (LSE:ASOA) Tax Rate %: -4.98% (As of Jun. 2014)

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.

What is Avanta Serviced Office Group Tax Rate %?

Avanta Serviced Office Group LSE:ASOA Tax Rate % is -4.98% as of Jun. 2014. The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Avanta Serviced Office Group's Tax Expense for the six months ended in Jun. 2014 was £-0.07 Mil. Avanta Serviced Office Group's Pre-Tax Income for the six months ended in Jun. 2014 was £1.30 Mil. Therefore, Avanta Serviced Office Group's Tax Rate % for the quarter that ended in Jun. 2014 was -4.98%.

Avanta Serviced Office Group Tax Rate % Related Terms

Avanta Serviced Office Group Tax Rate % Historical Data

* Premium members only.

The historical data trend for Avanta Serviced Office Group'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.

Avanta Serviced Office Group Tax Rate % Chart

Avanta Serviced Office Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.75 4.86 0.76 -3.19 5.95

Avanta Serviced Office Group Semi-Annual Data
Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
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 0.00 -3.09 0.00 9.45 -4.98

Avanta Serviced Office Group Tax Rate % Calculation

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

Avanta Serviced Office Group's Tax Rate % for the fiscal year that ended in Dec. 2013 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2013 )/Pre-Tax Income (A: Dec. 2013 )
=-0.168/-2.823
=5.95 %

Avanta Serviced Office Group's Tax Rate % for the quarter that ended in Jun. 2014 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2014 )/Pre-Tax Income (Q: Jun. 2014 )
=-0.065/1.304
=-4.98 %

* 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 -4.98% mean?
Avanta Serviced Office Group (LSE:ASOA) has a Tax Rate % of -4.98% as of Jun. 2014.
Is Avanta Serviced Office Group's Tax Rate % too high?
Avanta Serviced Office Group's current Tax Rate % is -4.98%.
How does Avanta Serviced Office Group's Tax Rate % compare to AINC and HCAP?
Avanta Serviced Office Group's Tax Rate % of -4.98% can be compared against companies in the Asset Management 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 Asset Management company?
A good Tax Rate % depends on the Asset Management 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. Avanta Serviced Office Group's current Tax Rate % is -4.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avanta Serviced Office Group stock overvalued right now?
Avanta Serviced Office Group (LSE:ASOA) has a current Tax Rate % of -4.98%. The current Tax Rate % is -4.98%. 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 Avanta Serviced Office Group (LSE:ASOA), the current Tax Rate % is -4.98% as of Jun. 2014. 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.

Avanta Serviced Office Group Business Description

Serviced Office Group PLC is engaged in the ownership and operation of serviced office accommodation. Its reportable segments are Serviced office business and Managed serviced offices. Serviced office business undertaken in the group's freehold and leasehold properties; and Managed serviced office business undertaken under management contracts on behalf of third parties. The Group operates solely from the UK.