NRBT (Novus Robotics) Tax Rate %: 14.29% (As of Mar. 2019)

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NRBT Novus Robotics Inc NRBT
12 GF Score
Price $0.03
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What is Novus Robotics Tax Rate %?

Novus Robotics NRBT 12 Tax Rate % is 14.29% as of Mar. 2019. GuruFocus rates NRBT with a GF Score™ of 12/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Novus Robotics's Tax Expense for the three months ended in Mar. 2019 was $0.01 Mil. Novus Robotics's Pre-Tax Income for the three months ended in Mar. 2019 was $0.06 Mil. Therefore, Novus Robotics's Tax Rate % for the quarter that ended in Mar. 2019 was 14.29%.

Novus Robotics Tax Rate % Related Terms

Novus Robotics Tax Rate % Historical Data

* Premium members only.

The historical data trend for Novus Robotics'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.

Novus Robotics Tax Rate % Chart

Novus Robotics Annual Data
Trend May09 May10 May11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 24.78 41.76

Novus Robotics Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 26.62 -19.47 0.00 38.10 14.29
NRBT
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Novus Robotics Inc NRBT
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Novus Robotics Tax Rate % Calculation

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

Novus Robotics's Tax Rate % for the fiscal year that ended in Dec. 2018 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2018 )/Pre-Tax Income (A: Dec. 2018 )
=0.076/0.182
=41.76 %

Novus Robotics's Tax Rate % for the quarter that ended in Mar. 2019 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2019 )/Pre-Tax Income (Q: Mar. 2019 )
=0.008/0.056
=14.29 %

* 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 14.29% mean?
Novus Robotics (NRBT) has a Tax Rate % of 14.29% as of Mar. 2019.
Is Novus Robotics' Tax Rate % too high?
Novus Robotics' current Tax Rate % is 14.29%. Overall, Novus Robotics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Novus Robotics' Tax Rate % compare to SEII?
Novus Robotics' Tax Rate % of 14.29% can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Tax Rate % depends on the Industrial Products 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. Novus Robotics's current Tax Rate % is 14.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novus Robotics stock overvalued right now?
Novus Robotics (NRBT) has a current Tax Rate % of 14.29%. The current Tax Rate % is 14.29%. Novus Robotics' overall GF Score™ is 12/100. 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 Novus Robotics (NRBT), the current Tax Rate % is 14.29% as of Mar. 2019. 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.

Novus Robotics Business Description

Address 7669 Kimbel Street, Mississauga, ON, CAN, L5S 1A7
Novus Robotics Inc is involved in engineering, designing, and manufacturing robotics and automation solutions for tube forming machines. It provides state of the art technology for the Automotive Industry in passenger seating and for Aluminum applications for automotive panels and bumpers. The company also makes precision components using its manufacturing systems, knowledge, and technology.
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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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