SRSCQ (Sears Canada) Tax Rate %: 0.55% (As of Apr. 2017)

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What is Sears Canada Tax Rate %?

Sears Canada SRSCQ -99.00% Tax Rate % is 0.55% as of Apr. 2017.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sears Canada's Tax Expense for the three months ended in Apr. 2017 was $-1 Mil. Sears Canada's Pre-Tax Income for the three months ended in Apr. 2017 was $-108 Mil. Therefore, Sears Canada's Tax Rate % for the quarter that ended in Apr. 2017 was 0.55%.

Sears Canada Tax Rate % Related Terms

Sears Canada Tax Rate % Historical Data

* Premium members only.

The historical data trend for Sears Canada'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.

Sears Canada Tax Rate % Chart

Sears Canada Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.38 8.88 5.89 -8.29 -0.88

Sears Canada Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
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 -3.75 1.51 -3.72 4.98 0.55

Sears Canada Tax Rate % Calculation

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

Sears Canada's Tax Rate % for the fiscal year that ended in Jan. 2017 is calculated as

Tax Rate %=Tax Expense (A: Jan. 2017 )/Pre-Tax Income (A: Jan. 2017 )
=2.124/-241.371
=-0.88 %

Sears Canada's Tax Rate % for the quarter that ended in Apr. 2017 is calculated as

Tax Rate %=Tax Expense (Q: Apr. 2017 )/Pre-Tax Income (Q: Apr. 2017 )
=-0.595/-108.06
=0.55 %

* 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 0.55% mean?
Sears Canada (SRSCQ) has a Tax Rate % of 0.55% as of Apr. 2017.
Is Sears Canada's Tax Rate % too high?
Sears Canada's current Tax Rate % is 0.55%.
How does Sears Canada's Tax Rate % compare to competitors?
Sears Canada's Tax Rate % of 0.55% can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Tax Rate % depends on the Retail - Cyclical 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. Sears Canada's current Tax Rate % is 0.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sears Canada stock overvalued right now?
Sears Canada (SRSCQ) has a current Tax Rate % of 0.55%. The current Tax Rate % is 0.55%. 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 Sears Canada (SRSCQ), the current Tax Rate % is 0.55% as of Apr. 2017. 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.

Sears Canada Business Description

Address 290 Yonge Street, Suite 700, Toronto, ON, CAN, M5B 2C3
Sears Canada Inc is in the sale of goods and services through the Company's Retail channels. It comprised of one reportable segment, Merchandising. Which includes its full-line department, Sears Home, Hometown, Outlet, Corbeil Electrique Inc. stores, and its Direct (catalog/internet) channel. It also includes service revenue related primarily to logistics services provided through the Company. Commission revenue includes travel, home improvement services, insurance, wireless and long-distance plans. Licensee fee revenue is comprised of payments received from licensees that operate within the Company stores.