SWYDF (Stornoway Diamond) Tax Rate %: 2.89% (As of Jun. 2019)


What is Stornoway Diamond Tax Rate %?

Stornoway Diamond SWYDF Tax Rate % is 2.89% as of Jun. 2019.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Stornoway Diamond's Tax Expense for the three months ended in Jun. 2019 was $-7.8 Mil. Stornoway Diamond's Pre-Tax Income for the three months ended in Jun. 2019 was $-268.4 Mil. Therefore, Stornoway Diamond's Tax Rate % for the quarter that ended in Jun. 2019 was 2.89%.

Stornoway Diamond Tax Rate % Related Terms

Stornoway Diamond Tax Rate % Historical Data

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The historical data trend for Stornoway Diamond'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.

Stornoway Diamond Tax Rate % Chart

Stornoway Diamond Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Dec16 Dec17 Dec18
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.90 67.74 173.30 20.09 -27.61

Stornoway Diamond Quarterly Data
Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 24.76 27.21 -68.34 -1.25 2.89

Stornoway Diamond Tax Rate % Calculation

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

Stornoway Diamond's Tax Rate % for the fiscal year that ended in Dec. 2018 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2018 )/Pre-Tax Income (A: Dec. 2018 )
=53.042/-192.085
=-27.61 %

Stornoway Diamond's Tax Rate % for the quarter that ended in Jun. 2019 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2019 )/Pre-Tax Income (Q: Jun. 2019 )
=-7.751/-268.369
=2.89 %

* 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 2.89% mean?
Stornoway Diamond (SWYDF) has a Tax Rate % of 2.89% as of Jun. 2019.
Is Stornoway Diamond's Tax Rate % too high?
Stornoway Diamond's current Tax Rate % is 2.89%.
How does Stornoway Diamond's Tax Rate % compare to DYNR and CTDT?
Stornoway Diamond's Tax Rate % of 2.89% can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Tax Rate % depends on the Metals & Mining 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. Stornoway Diamond's current Tax Rate % is 2.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stornoway Diamond stock overvalued right now?
Stornoway Diamond (SWYDF) has a current Tax Rate % of 2.89%. The current Tax Rate % is 2.89%. 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 Stornoway Diamond (SWYDF), the current Tax Rate % is 2.89% as of Jun. 2019. 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.

Stornoway Diamond Business Description

Address 1111 St. Charles Street West, Tour Ouest, Suite 400, Longueuil, QC, CAN, J4K 5G4
Stornoway Diamond Corp is a leading Canadian diamond exploration and producing company. Its principal business is the development of its flagship asset, the fully-owned Renard Mine, located in Quebec, Canada. The company intends to grow its business through the exploration and development of its mines. Stornoway also holds interests in a portfolio of exploration assets across Canada through owned properties and joint ventures. These properties and joint ventures include projects such as Adamantin, Qilalugaq and Pikoo.