MGNT (Meganet) Tax Rate %: 0.00% (As of Jun. 2017)

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What is Meganet Tax Rate %?

Meganet MGNT +1.76% Tax Rate % is 0.00% as of Jun. 2017.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Meganet's Tax Expense for the three months ended in Jun. 2017 was $0.00 Mil. Meganet's Pre-Tax Income for the three months ended in Jun. 2017 was $-0.09 Mil. Therefore, Meganet's Tax Rate % for the quarter that ended in Jun. 2017 was 0.00%.

Meganet Tax Rate % Related Terms

Meganet Tax Rate % Historical Data

* Premium members only.

The historical data trend for Meganet'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.

Meganet Tax Rate % Chart

Meganet Annual Data
Trend Mar15 Mar16 Mar17
Tax Rate %
0.00 0.00 0.00

Meganet Quarterly Data
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 0.00 0.00 0.00 0.00 0.00

Meganet Tax Rate % Calculation

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

Meganet's Tax Rate % for the fiscal year that ended in Mar. 2017 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2017 )/Pre-Tax Income (A: Mar. 2017 )
=0/-0.37
=0.00 %

Meganet'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/-0.086
=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?
Meganet (MGNT) has a Tax Rate % of 0.00% as of Jun. 2017.
Is Meganet's Tax Rate % too high?
Meganet's current Tax Rate % is 0.00%.
How does Meganet's Tax Rate % compare to HDVW and UUU?
Meganet's Tax Rate % of 0.00% can be compared against companies in the Business 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 Business Services company?
A good Tax Rate % depends on the Business 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. Meganet'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 Meganet stock overvalued right now?
Meganet (MGNT) 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 Meganet (MGNT), the current Tax Rate % is 0.00% 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.

Meganet Business Description

Address 2510 East Sunset Road, Unit 5-777, Las Vegas, NV, USA, 89120
Meganet Corp is focused on the development of data security solutions for enterprises, organizations, and corporations around the globe, including the United States Department of Defense, Military Intelligence, and the Federal Government. The company's data security solutions include an encryption algorithm. It out-sources the manufacture of its counter-IED products, including bomb jammers, dismounted backpack portable jammers, and facility jammers. The company also develops and sells cell phones, satellites, and wireless interceptors. Other data security solutions include encrypted cell phones, landlines, faxes, radios, and satellites.