MEDE (Medies) Tax Rate %: 0.00% (As of May. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Medies Tax Rate %?

Medies MEDE -100.00% Tax Rate % is 0.00% as of May. 2024.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Medies's Tax Expense for the three months ended in May. 2024 was $0.00 Mil. Medies's Pre-Tax Income for the three months ended in May. 2024 was $-0.01 Mil. Therefore, Medies's Tax Rate % for the quarter that ended in May. 2024 was 0.00%.

Medies Tax Rate % Related Terms

Medies Tax Rate % Historical Data

* Premium members only.

The historical data trend for Medies'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.

Medies Tax Rate % Chart

Medies Annual Data
Trend Feb22 Feb23 Feb24
Tax Rate %
0.00 0.00 0.00

Medies Quarterly Data
Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Medies Tax Rate % Calculation

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

Medies's Tax Rate % for the fiscal year that ended in Feb. 2024 is calculated as

Tax Rate %=Tax Expense (A: Feb. 2024 )/Pre-Tax Income (A: Feb. 2024 )
=0/-0.055
=0.00 %

Medies's Tax Rate % for the quarter that ended in May. 2024 is calculated as

Tax Rate %=Tax Expense (Q: May. 2024 )/Pre-Tax Income (Q: May. 2024 )
=0/-0.007
=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?
Medies (MEDE) has a Tax Rate % of 0.00% as of May. 2024.
Is Medies' Tax Rate % too high?
Medies' current Tax Rate % is 0.00%.
How does Medies' Tax Rate % compare to MVES and UMAX?
Medies' Tax Rate % of 0.00% can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Tax Rate % depends on the Media - Diversified 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. Medies'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 Medies stock overvalued right now?
Medies (MEDE) 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 Medies (MEDE), the current Tax Rate % is 0.00% as of May. 2024. 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.

Medies Business Description

Address 2100 Geng Road, Suite 210, Palo Alto, CA, USA, 94303
Medies provide a novel type of service within the scope of the online streaming industry and the metaverse network. Via motion and still, pictures digital database, meta movement, aims to connect creative artists and dancers, through the development of visual experience-specifically through metaverse technology.