SYSX (Sysorex) Tax Rate %: 0.00% (As of Jun. 2023)

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What is Sysorex Tax Rate %?

Sysorex SYSX Tax Rate % is 0.00% as of Jun. 2023.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sysorex's Tax Expense for the three months ended in Jun. 2023 was $0.00 Mil. Sysorex's Pre-Tax Income for the three months ended in Jun. 2023 was $-3.81 Mil. Therefore, Sysorex's Tax Rate % for the quarter that ended in Jun. 2023 was 0.00%.

Sysorex Tax Rate % Related Terms

Sysorex Tax Rate % Historical Data

* Premium members only.

The historical data trend for Sysorex'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.

Sysorex Tax Rate % Chart

Sysorex Annual Data
Trend Dec20 Dec21 Dec22
Tax Rate %
0.00 0.00 -0.55

Sysorex Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 3.30 0.00 0.00

Sysorex Tax Rate % Calculation

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

Sysorex'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 )
=0.047/-8.609
=-0.55 %

Sysorex's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2023 )/Pre-Tax Income (Q: Jun. 2023 )
=0/-3.809
=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?
Sysorex (SYSX) has a Tax Rate % of 0.00% as of Jun. 2023.
Is Sysorex's Tax Rate % too high?
Sysorex's current Tax Rate % is 0.00%.
How does Sysorex's Tax Rate % compare to MS and GS?
Sysorex's Tax Rate % of 0.00% can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Tax Rate % depends on the Capital Markets 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. Sysorex'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 Sysorex stock overvalued right now?
Sysorex (SYSX) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. 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 Sysorex (SYSX), the current Tax Rate % is 0.00% as of Jun. 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.

Sysorex Business Description

Address 13880 Dulles Corner Lane, Suite 120, Herndon, VA, USA, 20171
Sysorex Inc is a technology company focused on Ethereum mining and the Ethereum blockchain and information technology solutions mainly in the public sector segments including federal, state, and local governments. It currently owns and operates approximately 11,000 NVIDIA GPUs (Graphics Processing Units) generating approximately 500 Gigahash of computing power, which GPUs include thousands of Cryptocurrency Mining Processors (CMPs). These GPUs are currently online and securing the Ethereum Blockchain and generating ETH around the clock with industry driven efficiency.