Optare (LSE:OPE) Tax Rate %: 0.00% (As of Sep. 2014)

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What is Optare Tax Rate %?

Optare LSE:OPE 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. Optare's Tax Expense for the six months ended in Sep. 2014 was £0.00 Mil. Optare's Pre-Tax Income for the six months ended in Sep. 2014 was £-2.66 Mil. Therefore, Optare's Tax Rate % for the quarter that ended in Sep. 2014 was 0.00%.

Optare Tax Rate % Related Terms

Optare Tax Rate % Historical Data

* Premium members only.

The historical data trend for Optare'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.

Optare Tax Rate % Chart

Optare Annual Data
Trend Dec08 Dec09 Dec10 Mar12 Mar13 Mar14
Tax Rate %
Get a 7-Day Free Trial 0.23 1.12 0.00 0.00 0.00

Optare Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14
Tax Rate % Get a 7-Day Free Trial 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

Optare Tax Rate % Calculation

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

Optare's Tax Rate % for the fiscal year that ended in Mar. 2014 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2014 )/Pre-Tax Income (A: Mar. 2014 )
=0/-4.061
=0.00 %

Optare'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/-2.663
=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?
Optare (LSE:OPE) has a Tax Rate % of 0.00% as of Sep. 2014.
Is Optare's Tax Rate % too high?
Optare's current Tax Rate % is 0.00%.
How does Optare's Tax Rate % compare to competitors?
Optare's Tax Rate % of 0.00% 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. Optare'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 Optare stock overvalued right now?
Optare (LSE:OPE) 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 Optare (LSE:OPE), 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.

Optare Business Description

Optare PLC is a company incorporated and domiciled in United Kingdom on January 23, 2008. The Company is engaged in designing, manufacturing and selling deck and double deck buses, and also offers after sales service. The company operates in the United Kingdom. The Company's products include; Solo a mini-bus, Metro city and Versa a Midi-buses, Tempo a Full size single deck bus, and Metrodecker a Double-decker bus. It also provides refurbishment services; and technical training, support services, and parts.