OPTI (Optec International) Tax Rate %: 0.00% (As of Dec. 2018)

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What is Optec International Tax Rate %?

Optec International OPTI -9.09% Tax Rate % is 0.00% as of Dec. 2018.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Optec International's Tax Expense for the three months ended in Dec. 2018 was $0.00 Mil. Optec International's Pre-Tax Income for the three months ended in Dec. 2018 was $-2.95 Mil. Therefore, Optec International's Tax Rate % for the quarter that ended in Dec. 2018 was 0.00%.

Optec International Tax Rate % Related Terms

Optec International Tax Rate % Historical Data

* Premium members only.

The historical data trend for Optec International'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.

Optec International Tax Rate % Chart

Optec International Annual Data
Trend Jun15 Jun16 Jun17
Tax Rate %
15.38 0.00 0.00

Optec International Quarterly Data
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 0.00 0.00 0.00 0.00 0.00

Optec International Tax Rate % Calculation

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

Optec International's Tax Rate % for the fiscal year that ended in Jun. 2017 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2017 )/Pre-Tax Income (A: Jun. 2017 )
=0/-0.01
=0.00 %

Optec International'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/-2.949
=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?
Optec International (OPTI) has a Tax Rate % of 0.00% as of Dec. 2018.
Is Optec International's Tax Rate % too high?
Optec International's current Tax Rate % is 0.00%.
How does Optec International's Tax Rate % compare to STDY and VERU?
Optec International's Tax Rate % of 0.00% can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Tax Rate % depends on the Vehicles & Parts 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. Optec International'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 Optec International stock overvalued right now?
Optec International (OPTI) 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 Optec International (OPTI), 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.

Optec International Business Description

Address 1385 Park Center Drive, Vista, CA, USA, 92081
Optec International Inc is a provider of green technologies for continued reduction of fossil fuel usage, pollution and greenhouse gas emissions. It is engaged in the distribution of Green technologies, the OPTEC Fuel Maximizer and the OPTEC Led Solar lighting systems. The company is also involved in the distribution of Optec UV-C technology Solutions, PPE and related healthcare products. Its OPTEC Fuel Maximizer products is a patented plug-in-play aftermarket automotive device.