M & G Highome Investment Trust (LSE:MGHC) Tax Rate %: 0.00% (As of Nov. 2016)

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What is M & G Highome Investment Trust Tax Rate %?

M & G Highome Investment Trust LSE:MGHC Tax Rate % is 0.00% as of Nov. 2016. The stock has 3 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. M & G Highome Investment Trust's Tax Expense for the six months ended in Nov. 2016 was £0.00 Mil. M & G Highome Investment Trust's Pre-Tax Income for the six months ended in Nov. 2016 was £0.96 Mil. Therefore, M & G Highome Investment Trust's Tax Rate % for the quarter that ended in Nov. 2016 was 0.00%.

M & G Highome Investment Trust Tax Rate % Related Terms

M & G Highome Investment Trust Tax Rate % Historical Data

* Premium members only.

The historical data trend for M & G Highome Investment Trust'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.

M & G Highome Investment Trust Tax Rate % Chart

M & G Highome Investment Trust Annual Data
Trend May07 May08 May09 May10 May11 May12 May13 May14 May15 May16
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.09 -0.17 0.00

M & G Highome Investment Trust Semi-Annual Data
May07 Nov07 May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16
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 0.09 0.00 0.00 0.00

M & G Highome Investment Trust Tax Rate % Calculation

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

M & G Highome Investment Trust's Tax Rate % for the fiscal year that ended in May. 2016 is calculated as

Tax Rate %=Tax Expense (A: May. 2016 )/Pre-Tax Income (A: May. 2016 )
=0/-61.429
=0.00 %

M & G Highome Investment Trust's Tax Rate % for the quarter that ended in Nov. 2016 is calculated as

Tax Rate %=Tax Expense (Q: Nov. 2016 )/Pre-Tax Income (Q: Nov. 2016 )
=0/0.961
=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?
M & G Highome Investment Trust (LSE:MGHC) has a Tax Rate % of 0.00% as of Nov. 2016.
Is M & G Highome Investment Trust's Tax Rate % too high?
M & G Highome Investment Trust's current Tax Rate % is 0.00%.
How does M & G Highome Investment Trust's Tax Rate % compare to BKCC and TPVG?
M & G Highome Investment Trust's Tax Rate % of 0.00% 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. M & G Highome Investment Trust'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 M & G Highome Investment Trust stock overvalued right now?
M & G Highome Investment Trust (LSE:MGHC) 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 M & G Highome Investment Trust (LSE:MGHC), the current Tax Rate % is 0.00% as of Nov. 2016. 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.

M & G Highome Investment Trust Business Description

M & G High Income Investment Trust PLC was incorporated in United Kingdom on December 23, 1996. It is a split capital investment trust company with three classes of share: Zero Dividend Preference Shares, Income Shares and Capital Shares. The Company's investment objective is to achieve an above average and increasing income over the 20 year life of the Company and seeking to achieve capital growth.