Sirius Petroleum (LSE:SRSP) Tax Rate %: 0.00% (As of Jun. 2018)

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What is Sirius Petroleum Tax Rate %?

Sirius Petroleum LSE:SRSP Tax Rate % is 0.00% as of Jun. 2018. The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sirius Petroleum's Tax Expense for the six months ended in Jun. 2018 was £0.00 Mil. Sirius Petroleum's Pre-Tax Income for the six months ended in Jun. 2018 was £-2.26 Mil. Therefore, Sirius Petroleum's Tax Rate % for the quarter that ended in Jun. 2018 was 0.00%.

Sirius Petroleum Tax Rate % Related Terms

Sirius Petroleum Tax Rate % Historical Data

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The historical data trend for Sirius Petroleum'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.

Sirius Petroleum Tax Rate % Chart

Sirius Petroleum Annual Data
Trend Jul08 Jul09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Sirius Petroleum Semi-Annual Data
Jan08 Jul08 Jan09 Jul09 Jan10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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

Sirius Petroleum Tax Rate % Calculation

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

Sirius Petroleum's Tax Rate % for the fiscal year that ended in Dec. 2017 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2017 )/Pre-Tax Income (A: Dec. 2017 )
=0/-1.693
=0.00 %

Sirius Petroleum's Tax Rate % for the quarter that ended in Jun. 2018 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2018 )/Pre-Tax Income (Q: Jun. 2018 )
=0/-2.259
=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?
Sirius Petroleum (LSE:SRSP) has a Tax Rate % of 0.00% as of Jun. 2018.
Is Sirius Petroleum's Tax Rate % too high?
Sirius Petroleum's current Tax Rate % is 0.00%.
How does Sirius Petroleum's Tax Rate % compare to WHZT and GSPE?
Sirius Petroleum's Tax Rate % of 0.00% can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Tax Rate % depends on the Oil & Gas 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. Sirius Petroleum'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 Sirius Petroleum stock overvalued right now?
Sirius Petroleum (LSE:SRSP) 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 Sirius Petroleum (LSE:SRSP), the current Tax Rate % is 0.00% as of Jun. 2018. 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.

Sirius Petroleum Business Description

Industry EnergyOil & Gas
Address 25 Bury Street, 1st Floor, London, GBR, SW1Y 6AL
Sirius Petroleum PLC is an independent oil development company. It focuses on opportunities in the oil and gas sector with particular emphasis in Nigeria. The company acquires and develops offshore proven oil discoveries in Nigeria that have beneficial indigenous tax regimes. The company has only one operating segment: Oil Extraction and Related Activities.