MJNA (Medical Marijuana) Tax Rate %: 0.00% (As of Dec. 2017)

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What is Medical Marijuana Tax Rate %?

Medical Marijuana MJNA -25.00% Tax Rate % is 0.00% as of Dec. 2017.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Medical Marijuana's Tax Expense for the six months ended in Dec. 2017 was $0.00 Mil. Medical Marijuana's Pre-Tax Income for the six months ended in Dec. 2017 was $-142.20 Mil. Therefore, Medical Marijuana's Tax Rate % for the quarter that ended in Dec. 2017 was 0.00%.

Medical Marijuana Tax Rate % Related Terms

Medical Marijuana Tax Rate % Historical Data

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The historical data trend for Medical Marijuana'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.

Medical Marijuana Tax Rate % Chart

Medical Marijuana Annual Data
Trend Dec09 Dec10 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Tax Rate %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Medical Marijuana Semi-Annual Data
Dec09 Dec10 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Tax Rate % Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Medical Marijuana Tax Rate % Calculation

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

Medical Marijuana's Tax Rate % for the fiscal year that ended in Dec. 2017 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2017 )/Pre-Tax Income (A: Dec. 2017 )
=0/-142.198
=0.00 %

Medical Marijuana's Tax Rate % for the quarter that ended in Dec. 2017 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2017 )/Pre-Tax Income (Q: Dec. 2017 )
=0/-142.198
=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?
Medical Marijuana (MJNA) has a Tax Rate % of 0.00% as of Dec. 2017.
Is Medical Marijuana's Tax Rate % too high?
Medical Marijuana's current Tax Rate % is 0.00%.
How does Medical Marijuana's Tax Rate % compare to UPC and ERBB?
Medical Marijuana's Tax Rate % of 0.00% can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Tax Rate % depends on the Drug Manufacturers 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. Medical Marijuana'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 Medical Marijuana stock overvalued right now?
Medical Marijuana (MJNA) 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 Medical Marijuana (MJNA), the current Tax Rate % is 0.00% as of Dec. 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.

Medical Marijuana Business Description

Address 2384 La Mirada Drive, Vista, CA, USA, 92081
Medical Marijuana Inc is engaged in the development, sale, and distribution of hemp oil that contains naturally occurring cannabinoids, including cannabidiol and other products containing CBD-rich hemp oil. The company's products are used by pharmaceutical, nutraceutical, and cosmeceutical industries. Some of its products are CBD Capsules, CBD Tinctures, Vaporizers, and Hemp foods among others. The company operates through Retail and Wholesale division; Direct Sales division; and Manufacturing and Production Division.