MEIL (Methes Energies International) Tax Rate %: 0.00% (As of Aug. 2023)


What is Methes Energies International Tax Rate %?

Methes Energies International MEIL Tax Rate % is 0.00% as of Aug. 2023.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Methes Energies International's Tax Expense for the three months ended in Aug. 2023 was $0.00 Mil. Methes Energies International's Pre-Tax Income for the three months ended in Aug. 2023 was $-0.06 Mil. Therefore, Methes Energies International's Tax Rate % for the quarter that ended in Aug. 2023 was 0.00%.

Methes Energies International Tax Rate % Related Terms

Methes Energies International Tax Rate % Historical Data

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The historical data trend for Methes Energies International'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.

Methes Energies International Tax Rate % Chart

Methes Energies International Annual Data
Trend Nov10 Nov11 Nov12 Nov13 Nov14
Tax Rate %
0.00 0.00 0.00 0.00 0.00

Methes Energies International Quarterly Data
Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Aug22 May23 Aug23
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

Methes Energies International Tax Rate % Calculation

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

Methes Energies International's Tax Rate % for the fiscal year that ended in Nov. 2014 is calculated as

Tax Rate %=Tax Expense (A: Nov. 2014 )/Pre-Tax Income (A: Nov. 2014 )
=0/-6.306
=0.00 %

Methes Energies International's Tax Rate % for the quarter that ended in Aug. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Aug. 2023 )/Pre-Tax Income (Q: Aug. 2023 )
=0/-0.063
=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?
Methes Energies International (MEIL) has a Tax Rate % of 0.00% as of Aug. 2023.
Is Methes Energies International's Tax Rate % too high?
Methes Energies International's current Tax Rate % is 0.00%.
How does Methes Energies International's Tax Rate % compare to PARG and WWSG?
Methes Energies International's Tax Rate % of 0.00% can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Tax Rate % depends on the Diversified Financial Services 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. Methes Energies International'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 Methes Energies International stock overvalued right now?
Methes Energies International (MEIL) 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 Methes Energies International (MEIL), the current Tax Rate % is 0.00% as of Aug. 2023. 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.

Methes Energies International Business Description

Address 1208 Celebration Avenue, Celebration, FL, USA, 34747
Methes Energies International Ltd produces and sells a line of fully biodegradable lubricants. It has an extensive line of plant-based biodegradable fluid products to replace petroleum-based products which are Hydraulic Fluid, Engine Oil (auto and light trucks), Heavy-duty diesel oils, Small engine oils, Chainsaw Bar and Chain Oil, Transformer oils, Marine oils light and heavy.