SPMC (Sound Point Meridian Capital) Tax Rate %: 0.00% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SPMC Sound Point Meridian Capital Inc SPMC
11 GF Score
Price $10.99
View Full Analysis

What is Sound Point Meridian Capital Tax Rate %?

Sound Point Meridian Capital SPMC +3.10% 11 Tax Rate % is 0.00% as of Mar. 2026. GuruFocus rates SPMC with a GF Score™ of 11/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sound Point Meridian Capital's Tax Expense for the six months ended in Mar. 2026 was $0.00 Mil. Sound Point Meridian Capital's Pre-Tax Income for the six months ended in Mar. 2026 was $-118.66 Mil. Therefore, Sound Point Meridian Capital's Tax Rate % for the quarter that ended in Mar. 2026 was 0.00%.


Sound Point Meridian Capital Tax Rate % Related Terms


Sound Point Meridian Capital Tax Rate % Historical Data

* Premium members only.

The historical data trend for Sound Point Meridian Capital'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.

Sound Point Meridian Capital Tax Rate % Chart

Sound Point Meridian Capital Annual Data
Trend Dec23 Mar26
Tax Rate %
0.00 0.00

Sound Point Meridian Capital Semi-Annual Data
Dec23 Sep25 Mar26
Tax Rate % 0.00 0.00 0.00
SPMC
11GF Score
Sound Point Meridian Capital Inc SPMC
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sound Point Meridian Capital Tax Rate % Calculation

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

Sound Point Meridian Capital's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=0/-126.225
=0.00 %

Sound Point Meridian Capital's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=0/-118.663
=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?
Sound Point Meridian Capital (SPMC) has a Tax Rate % of 0.00% as of Mar. 2026.
Is Sound Point Meridian Capital's Tax Rate % too high?
Sound Point Meridian Capital's current Tax Rate % is 0.00%. Overall, Sound Point Meridian Capital has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Sound Point Meridian Capital's Tax Rate % compare to DMB and ETX?
Sound Point Meridian Capital's Tax Rate % of 0.00% can be compared against companies in the Asset Management 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 Asset Management company?
A good Tax Rate % depends on the Asset Management 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. Sound Point Meridian Capital'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 Sound Point Meridian Capital stock overvalued right now?
Sound Point Meridian Capital (SPMC) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. Sound Point Meridian Capital's overall GF Score™ is 11/100. 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 Sound Point Meridian Capital (SPMC), the current Tax Rate % is 0.00% as of Mar. 2026. 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.

Sound Point Meridian Capital Business Description

Address 375 Park Avenue, 34th Floor, New York, NY, USA, 10152
Sound Point Meridian Capital Inc is a closed-end management investment company. The Company's primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation.
11GF Score

Get the complete analysis for SPMC

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.99
Price