Mining Investments Resources (LSE:MIR) Tax Rate %: 0.00% (As of Dec. 2013)

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What is Mining Investments Resources Tax Rate %?

Mining Investments Resources LSE:MIR Tax Rate % is 0.00% as of Dec. 2013. The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mining Investments Resources's Tax Expense for the six months ended in Dec. 2013 was £0.00 Mil. Mining Investments Resources's Pre-Tax Income for the six months ended in Dec. 2013 was £-0.23 Mil. Therefore, Mining Investments Resources's Tax Rate % for the quarter that ended in Dec. 2013 was 0.00%.

Mining Investments Resources Tax Rate % Related Terms

Mining Investments Resources Tax Rate % Historical Data

* Premium members only.

The historical data trend for Mining Investments Resources'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.

Mining Investments Resources Tax Rate % Chart

Mining Investments Resources Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Mar08 Jun09 Jun10 Jun11 Jun12 Jun13
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Mining Investments Resources Semi-Annual Data
Sep03 Mar04 Sep04 Mar05 Sep05 Mar06 Sep06 Mar07 Sep07 Mar08 Sep08 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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 0.00 0.00 0.00 0.00

Mining Investments Resources Tax Rate % Calculation

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

Mining Investments Resources's Tax Rate % for the fiscal year that ended in Jun. 2013 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2013 )/Pre-Tax Income (A: Jun. 2013 )
=0/-0.368
=0.00 %

Mining Investments Resources's Tax Rate % for the quarter that ended in Dec. 2013 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2013 )/Pre-Tax Income (Q: Dec. 2013 )
=0/-0.232
=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?
Mining Investments Resources (LSE:MIR) has a Tax Rate % of 0.00% as of Dec. 2013.
Is Mining Investments Resources' Tax Rate % too high?
Mining Investments Resources' current Tax Rate % is 0.00%.
How does Mining Investments Resources' Tax Rate % compare to competitors?
Mining Investments Resources' Tax Rate % of 0.00% can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Tax Rate % depends on the Conglomerates 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. Mining Investments Resources'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 Mining Investments Resources stock overvalued right now?
Mining Investments Resources (LSE:MIR) 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 Mining Investments Resources (LSE:MIR), the current Tax Rate % is 0.00% as of Dec. 2013. 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.

Mining Investments Resources Business Description

Mining Investments Resources PLC is an investing company. It mainly invests in businesses which possess the opportunity for high growth, generally through exploitation of intellectual property. The Company's investing policy is to acquire a diverse portfolio of direct and indirect interests in exploration and producing projects and assets in the natural resources sector.