POOSF (Poseidon Concepts) Tax Rate %: 23.87% (As of Sep. 2012)


What is Poseidon Concepts Tax Rate %?

Poseidon Concepts POOSF -90.00% Tax Rate % is 23.87% as of Sep. 2012.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Poseidon Concepts's Tax Expense for the three months ended in Sep. 2012 was $2.5 Mil. Poseidon Concepts's Pre-Tax Income for the three months ended in Sep. 2012 was $10.5 Mil. Therefore, Poseidon Concepts's Tax Rate % for the quarter that ended in Sep. 2012 was 23.87%.

Poseidon Concepts Tax Rate % Related Terms

Poseidon Concepts Tax Rate % Historical Data

* Premium members only.

The historical data trend for Poseidon Concepts'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.

Poseidon Concepts Tax Rate % Chart

Poseidon Concepts Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Tax Rate %
Get a 7-Day Free Trial 36.30 24.28 23.58 29.29 25.72

Poseidon Concepts Quarterly Data
Dec05 Dec06 Dec07 Dec08 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 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 23.89 26.68 26.10 26.16 23.87

Poseidon Concepts Tax Rate % Calculation

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

Poseidon Concepts'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 )
=15.223/59.19
=25.72 %

Poseidon Concepts'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 )
=2.51/10.516
=23.87 %

* 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 23.87% mean?
Poseidon Concepts (POOSF) has a Tax Rate % of 23.87% as of Sep. 2012.
Is Poseidon Concepts' Tax Rate % too high?
Poseidon Concepts' current Tax Rate % is 23.87%.
How does Poseidon Concepts' Tax Rate % compare to FLSS and BRS?
Poseidon Concepts' Tax Rate % of 23.87% 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. Poseidon Concepts's current Tax Rate % is 23.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Poseidon Concepts stock overvalued right now?
Poseidon Concepts (POOSF) has a current Tax Rate % of 23.87%. The current Tax Rate % is 23.87%. 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 Poseidon Concepts (POOSF), the current Tax Rate % is 23.87% 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.

Poseidon Concepts Business Description

Industry EnergyOil & Gas
Address 645 - 7th Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 4G8
Poseidon Concepts Corp is a customer-focused provider of safe fluid handling solutions to the oil and natural gas sector across North America.