MJWL (Majic Wheels) Tax Rate %: 0.00% (As of Sep. 2012)

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What is Majic Wheels Tax Rate %?

Majic Wheels MJWL -99.00% Tax Rate % is 0.00% as of Sep. 2012.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Majic Wheels's Tax Expense for the three months ended in Sep. 2012 was $0.00 Mil. Majic Wheels's Pre-Tax Income for the three months ended in Sep. 2012 was $0.00 Mil. Therefore, Majic Wheels's Tax Rate % for the quarter that ended in Sep. 2012 was 0.00%.

Majic Wheels Tax Rate % Related Terms

Majic Wheels Tax Rate % Historical Data

* Premium members only.

The historical data trend for Majic Wheels'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.

Majic Wheels Tax Rate % Chart

Majic Wheels Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Tax Rate %
0.00 0.00 0.00 0.00 0.00

Majic Wheels Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Jun12 Sep12
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 0.00 0.00 0.00 0.00 0.00

Majic Wheels Tax Rate % Calculation

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

Majic Wheels's Tax Rate % for the fiscal year that ended in Dec. 2011 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2011 )/Pre-Tax Income (A: Dec. 2011 )
=0/0
= %

Majic Wheels's Tax Rate % for the quarter that ended in Sep. 2012 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2012 )/Pre-Tax Income (Q: Sep. 2012 )
=0/0
= %

* 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?
Majic Wheels (MJWL) has a Tax Rate % of 0.00% as of Sep. 2012.
Is Majic Wheels' Tax Rate % too high?
Majic Wheels' current Tax Rate % is 0.00%.
How does Majic Wheels' Tax Rate % compare to HGGGQ and EFTB?
Majic Wheels' Tax Rate % of 0.00% can be compared against companies in the Waste Management 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 Waste Management company?
A good Tax Rate % depends on the Waste Management 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. Majic Wheels'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 Majic Wheels stock overvalued right now?
Majic Wheels (MJWL) 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 Majic Wheels (MJWL), the current Tax Rate % is 0.00% as of Sep. 2012. 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.

Majic Wheels Business Description

Address 2401 Fountain View Drive, Suite 312, Houston, TX, USA, 77057
Majic Wheels Corp is engaged in waste management business engaged in junk removal, trash hauling, recycling, commercial and residential construction clean-up and demolition business.