SMGI (SMG Industries) Tax Rate %: 0.00% (As of Sep. 2023)

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SMGI SMG Industries Inc SMGI
12 GF Score
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What is SMG Industries Tax Rate %?

SMG Industries SMGI 12 Tax Rate % is 0.00% as of Sep. 2023. GuruFocus rates SMGI with a GF Score™ of 12/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. SMG Industries's Tax Expense for the three months ended in Sep. 2023 was $0.00 Mil. SMG Industries's Pre-Tax Income for the three months ended in Sep. 2023 was $-1.23 Mil. Therefore, SMG Industries's Tax Rate % for the quarter that ended in Sep. 2023 was 0.00%.

SMG Industries Tax Rate % Related Terms

SMG Industries Tax Rate % Historical Data

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The historical data trend for SMG Industries'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.

SMG Industries Tax Rate % Chart

SMG Industries Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

SMG Industries Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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
SMGI
12GF Score
SMG Industries Inc SMGI
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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SMG Industries Tax Rate % Calculation

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

SMG Industries's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=0/-11.751
=0.00 %

SMG Industries's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2023 )/Pre-Tax Income (Q: Sep. 2023 )
=0/-1.228
=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?
SMG Industries (SMGI) has a Tax Rate % of 0.00% as of Sep. 2023.
Is SMG Industries' Tax Rate % too high?
SMG Industries' current Tax Rate % is 0.00%. Overall, SMG Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SMG Industries' Tax Rate % compare to SND and PFIE?
SMG Industries' 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. SMG Industries'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 SMG Industries stock overvalued right now?
SMG Industries (SMGI) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. SMG Industries' 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 SMG Industries (SMGI), the current Tax Rate % is 0.00% as of Sep. 2023. 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.

SMG Industries Business Description

Industry EnergyOil & Gas
Address State Highway 249, Suite 450, Houston, TX, USA, 77070
SMG Industries Inc is an oilfield service company that is a growth-oriented midstream, logistics, and oilfield services company that operates throughout the domestic Southwest United States. It offers an expanding suite of products and services across the oilfield market segments of drilling, completion, and production.
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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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