Frontier Mining (LSE:FML) Tax Rate %: 0.00% (As of Sep. 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 Frontier Mining Tax Rate %?

Frontier Mining LSE:FML -16.67% Tax Rate % is 0.00% as of Sep. 2014. The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Frontier Mining's Tax Expense for the three months ended in Sep. 2014 was £0.00 Mil. Frontier Mining's Pre-Tax Income for the three months ended in Sep. 2014 was £-0.09 Mil. Therefore, Frontier Mining's Tax Rate % for the quarter that ended in Sep. 2014 was 0.00%.

Frontier Mining Tax Rate % Related Terms

Frontier Mining Tax Rate % Historical Data

* Premium members only.

The historical data trend for Frontier Mining'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.

Frontier Mining Tax Rate % Chart

Frontier Mining Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Tax Rate %
Get a 7-Day Free Trial Premium Member Only -0.99 -0.56 0.87 0.80 -33.68

Frontier Mining Quarterly Data
Dec09 Jun10 Dec10 Jun11 Dec11 Dec12 Jun13 Sep13 Dec13 Jun14 Sep14
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -417.74 8.63 0.00

Frontier Mining Tax Rate % Calculation

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

Frontier Mining'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 )
=1.107/-3.287
=-33.68 %

Frontier Mining's Tax Rate % for the quarter that ended in Sep. 2014 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2014 )/Pre-Tax Income (Q: Sep. 2014 )
=0/-0.094
=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?
Frontier Mining (LSE:FML) has a Tax Rate % of 0.00% as of Sep. 2014.
Is Frontier Mining's Tax Rate % too high?
Frontier Mining's current Tax Rate % is 0.00%.
How does Frontier Mining's Tax Rate % compare to competitors?
Frontier Mining's Tax Rate % of 0.00% can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Tax Rate % depends on the Metals & Mining 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. Frontier Mining'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 Frontier Mining stock overvalued right now?
Frontier Mining (LSE:FML) 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 Frontier Mining (LSE:FML), the current Tax Rate % is 0.00% as of Sep. 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.

Frontier Mining Business Description

Frontier Mining Ltd was incorporated under the law of the state of Delaware on 5 August 1998. It is engaged in mineral exploration and development. It explores and develops gold and copper deposits in the Republic of Kazakhstan. Its activities currently relate to two licenses: the wholly owned Naimanjal contract license area and the 50% owned Benkala joint venture license.