NKRSF (Niko Resources) Tax Rate %: 0.00% (As of Dec. 2018)

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What is Niko Resources Tax Rate %?

Niko Resources NKRSF -90.00% Tax Rate % is 0.00% as of Dec. 2018.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Niko Resources's Tax Expense for the three months ended in Dec. 2018 was $0.00 Mil. Niko Resources's Pre-Tax Income for the three months ended in Dec. 2018 was $-1.24 Mil. Therefore, Niko Resources's Tax Rate % for the quarter that ended in Dec. 2018 was 0.00%.

Niko Resources Tax Rate % Related Terms

Niko Resources Tax Rate % Historical Data

* Premium members only.

The historical data trend for Niko Resources'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.

Niko Resources Tax Rate % Chart

Niko Resources Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.00 1.88 -254.72 -17.60 0.00

Niko Resources Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.00 0.00 0.00 0.00 0.00

Niko Resources Tax Rate % Calculation

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

Niko Resources's Tax Rate % for the fiscal year that ended in Mar. 2018 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2018 )/Pre-Tax Income (A: Mar. 2018 )
=0/-81.617
=0.00 %

Niko Resources's Tax Rate % for the quarter that ended in Dec. 2018 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2018 )/Pre-Tax Income (Q: Dec. 2018 )
=0/-1.244
=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?
Niko Resources (NKRSF) has a Tax Rate % of 0.00% as of Dec. 2018.
Is Niko Resources' Tax Rate % too high?
Niko Resources' current Tax Rate % is 0.00%.
How does Niko Resources' Tax Rate % compare to SNECQ and PTCO?
Niko Resources' Tax Rate % of 0.00% can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Tax Rate % depends on the Oil & Gas 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. Niko Resources'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 Niko Resources stock overvalued right now?
Niko Resources (NKRSF) 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 Niko Resources (NKRSF), the current Tax Rate % is 0.00% as of Dec. 2018. 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.

Niko Resources Business Description

Industry EnergyOil & Gas
Address 205 - 5th Avenue SW, Suite 2700, Calgary, AB, CAN, T2P 3G6
Niko Resources Ltd is an oil and natural gas exploration and production company.