Turbo Power Systems (LSE:TPS) Tax Rate %: -12.50% (As of Jun. 2017)

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What is Turbo Power Systems Tax Rate %?

Turbo Power Systems LSE:TPS +16.67% Tax Rate % is -12.50% as of Jun. 2017. The stock has 6 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Turbo Power Systems's Tax Expense for the three months ended in Jun. 2017 was £0.03 Mil. Turbo Power Systems's Pre-Tax Income for the three months ended in Jun. 2017 was £-0.27 Mil. Therefore, Turbo Power Systems's Tax Rate % for the quarter that ended in Jun. 2017 was -12.50%.

Turbo Power Systems Tax Rate % Related Terms

Turbo Power Systems Tax Rate % Historical Data

* Premium members only.

The historical data trend for Turbo Power Systems'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.

Turbo Power Systems Tax Rate % Chart

Turbo Power Systems Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -21.14 -25.41

Turbo Power Systems Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 26.13 64.52 -5.94 -13.91 -12.50

Turbo Power Systems Tax Rate % Calculation

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

Turbo Power Systems's Tax Rate % for the fiscal year that ended in Dec. 2016 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2016 )/Pre-Tax Income (A: Dec. 2016 )
=0.155/-0.61
=-25.41 %

Turbo Power Systems's Tax Rate % for the quarter that ended in Jun. 2017 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2017 )/Pre-Tax Income (Q: Jun. 2017 )
=0.034/-0.272
=-12.50 %

* 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 -12.50% mean?
Turbo Power Systems (LSE:TPS) has a Tax Rate % of -12.50% as of Jun. 2017.
Is Turbo Power Systems' Tax Rate % too high?
Turbo Power Systems' current Tax Rate % is -12.50%.
How does Turbo Power Systems' Tax Rate % compare to competitors?
Turbo Power Systems' Tax Rate % of -12.50% can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Tax Rate % depends on the Industrial Products 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. Turbo Power Systems's current Tax Rate % is -12.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turbo Power Systems stock overvalued right now?
Turbo Power Systems (LSE:TPS) has a current Tax Rate % of -12.50%. The current Tax Rate % is -12.50%. 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 Turbo Power Systems (LSE:TPS), the current Tax Rate % is -12.50% as of Jun. 2017. 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.

Turbo Power Systems Business Description

Turbo Power Systems Inc was incorporated on March 23, 1987. The Company designs and manufactures high-speed electric motors, generators and power electronics systems and provides bespoke solutions to transport, industrial, energy conversion, and military markets The Company conducts operations through its wholly owned subsidiary company, Turbo Power Systems Limited.