Avangard JSB (MIC:AVAN) Tax Rate %: -3.90% (As of Dec. 2020)

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MIC:AVAN Avangard JSB MIC:AVAN
17 GF Score
Price ₽529.00
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What is Avangard JSB Tax Rate %?

Avangard JSB MIC:AVAN -2.22% 17 Tax Rate % is -3.90% as of Dec. 2020. GuruFocus rates MIC:AVAN with a GF Score™ of 17/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Avangard JSB's Tax Expense for the three months ended in Dec. 2020 was ₽-30 Mil. Avangard JSB's Pre-Tax Income for the three months ended in Dec. 2020 was ₽770 Mil. Therefore, Avangard JSB's Tax Rate % for the quarter that ended in Dec. 2020 was -3.90%.

Avangard JSB Tax Rate % Related Terms

Avangard JSB Tax Rate % Historical Data

* Premium members only.

The historical data trend for Avangard JSB'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.

Avangard JSB Tax Rate % Chart

Avangard JSB Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.68 15.14 14.96 16.02 10.71

Avangard JSB Quarterly Data
Dec14 Dec15 Jun16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 15.83 9.24 12.29 14.77 -3.90
MIC:AVAN
17GF Score
Avangard JSB MIC:AVAN
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Avangard JSB Tax Rate % Calculation

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

Avangard JSB's Tax Rate % for the fiscal year that ended in Dec. 2020 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2020 )/Pre-Tax Income (A: Dec. 2020 )
=374.104/3491.96
=10.71 %

Avangard JSB's Tax Rate % for the quarter that ended in Dec. 2020 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2020 )/Pre-Tax Income (Q: Dec. 2020 )
=-30.072/770.324
=-3.90 %

* 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 -3.90% mean?
Avangard JSB (MIC:AVAN) has a Tax Rate % of -3.90% as of Dec. 2020.
Is Avangard JSB's Tax Rate % too high?
Avangard JSB's current Tax Rate % is -3.90%. Overall, Avangard JSB has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Avangard JSB's Tax Rate % compare to USB and TFC?
Avangard JSB's Tax Rate % of -3.90% can be compared against companies in the Banks 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 Banks company?
A good Tax Rate % depends on the Banks 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. Avangard JSB's current Tax Rate % is -3.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avangard JSB stock overvalued right now?
Avangard JSB (MIC:AVAN) has a current Tax Rate % of -3.90%. The current Tax Rate % is -3.90%. Avangard JSB's overall GF Score™ is 17/100. 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 Avangard JSB (MIC:AVAN), the current Tax Rate % is -3.90% as of Dec. 2020. 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.

Avangard JSB Business Description

Address 12 Sadovnicheskaya Street, Building 1, Moscow, RUS, 115035
Avangard JSB formerly Avangard Bank JSC operates as a regional bank in Russia. It provides commercial banking products and services to its corporate and retail clients in Russia through its branches and affiliates. It is also engaged in lending cash and settlement services rendered to private businesses. The company offers deposits, car loans, bank cards, banknotes, securities transactions, settlement and cash, currency control, and money transfer services, as well as Internet banking and other services.
17GF Score

Get the complete analysis for MIC:AVAN

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽529.00
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