Industria Automotriz de CV (MEX:IASASA) Tax Rate %: 0.00% (As of Jun. 2011)

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What is Industria Automotriz de CV Tax Rate %?

Industria Automotriz de CV MEX:IASASA Tax Rate % is 0.00% as of Jun. 2011.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Industria Automotriz de CV's Tax Expense for the three months ended in Jun. 2011 was MXN0.00 Mil. Industria Automotriz de CV's Pre-Tax Income for the three months ended in Jun. 2011 was MXN3.49 Mil. Therefore, Industria Automotriz de CV's Tax Rate % for the quarter that ended in Jun. 2011 was 0.00%.

Industria Automotriz de CV Tax Rate % Related Terms

Industria Automotriz de CV Tax Rate % Historical Data

* Premium members only.

The historical data trend for Industria Automotriz de CV'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.

Industria Automotriz de CV Tax Rate % Chart

Industria Automotriz de CV Annual Data
Trend Dec07 Dec08 Dec09
Tax Rate %
0.00 0.00 0.00

Industria Automotriz de CV Quarterly Data
Dec07 Dec08 Sep09 Dec09 Mar10 Jun10 Sep10 Mar11 Jun11
Tax Rate % Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Industria Automotriz de CV Tax Rate % Calculation

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

Industria Automotriz de CV's Tax Rate % for the fiscal year that ended in Dec. 2009 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2009 )/Pre-Tax Income (A: Dec. 2009 )
=0/-35.301
=0.00 %

Industria Automotriz de CV's Tax Rate % for the quarter that ended in Jun. 2011 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2011 )/Pre-Tax Income (Q: Jun. 2011 )
=0/3.492
=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?
Industria Automotriz de CV (MEX:IASASA) has a Tax Rate % of 0.00% as of Jun. 2011.
Is Industria Automotriz de CV's Tax Rate % too high?
Industria Automotriz de CV's current Tax Rate % is 0.00%.
How does Industria Automotriz de CV's Tax Rate % compare to CSHEF and AMTY?
Industria Automotriz de CV'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. Industria Automotriz de CV'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 Industria Automotriz de CV stock overvalued right now?
Industria Automotriz de CV (MEX:IASASA) 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 Industria Automotriz de CV (MEX:IASASA), the current Tax Rate % is 0.00% as of Jun. 2011. 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.

Industria Automotriz de CV Business Description

Address Avenida Universidad 1011, San Nicolas de los Garza, NL, MEX, 66400
Industria Automotriz SA de CV is engaged in manufacturing of stamping, assemblies and subassemblies for the automotive industry. The company also manufactures dies and tool, assembly attachments and attachments to check the produced pieces.