TORM (TOR Minerals International) Tax Rate %: 21.66% (As of Dec. 2017)

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TORM TOR Minerals International Inc TORM
12 GF Score
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What is TOR Minerals International Tax Rate %?

TOR Minerals International TORM 12 Tax Rate % is 21.66% as of Dec. 2017. GuruFocus rates TORM with a GF Score™ of 12/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. TOR Minerals International's Tax Expense for the six months ended in Dec. 2017 was $-0.31 Mil. TOR Minerals International's Pre-Tax Income for the six months ended in Dec. 2017 was $-1.45 Mil. Therefore, TOR Minerals International's Tax Rate % for the quarter that ended in Dec. 2017 was 21.66%.

TOR Minerals International Tax Rate % Related Terms

TOR Minerals International Tax Rate % Historical Data

* Premium members only.

The historical data trend for TOR Minerals International'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.

TOR Minerals International Tax Rate % Chart

TOR Minerals International Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.77 25.24 -5.12 19.42 21.66

TOR Minerals International Semi-Annual Data
Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
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 33.77 25.24 -5.12 19.42 21.66
TORM
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TOR Minerals International Inc TORM
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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TOR Minerals International Tax Rate % Calculation

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

TOR Minerals International's Tax Rate % for the fiscal year that ended in Dec. 2017 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2017 )/Pre-Tax Income (A: Dec. 2017 )
=-0.314/-1.45
=21.66 %

TOR Minerals International's Tax Rate % for the quarter that ended in Dec. 2017 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2017 )/Pre-Tax Income (Q: Dec. 2017 )
=-0.314/-1.45
=21.66 %

* 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 21.66% mean?
TOR Minerals International (TORM) has a Tax Rate % of 21.66% as of Dec. 2017.
Is TOR Minerals International's Tax Rate % too high?
TOR Minerals International's current Tax Rate % is 21.66%. Overall, TOR Minerals International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does TOR Minerals International's Tax Rate % compare to BGLC and CRKN?
TOR Minerals International's Tax Rate % of 21.66% can be compared against companies in the Chemicals 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 Chemicals company?
A good Tax Rate % depends on the Chemicals 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. TOR Minerals International's current Tax Rate % is 21.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOR Minerals International stock overvalued right now?
TOR Minerals International (TORM) has a current Tax Rate % of 21.66%. The current Tax Rate % is 21.66%. TOR Minerals International's 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 TOR Minerals International (TORM), the current Tax Rate % is 21.66% as of Dec. 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.

TOR Minerals International Business Description

Address 711 N. Carancahua Street, Suite 1750, Corpus Christi, TX, USA, 78401
TOR Minerals International Inc is engaged in the manufacture and sale of mineral products for use as pigments and extenders, majorly in the manufacture of paints, industrial coatings plastics, and solid surface applications. It has a business presence in the U.S., Pacific Rim; Canada, Mexico and South/Central America; Europe, Africa and the Middle East countries. Some of its products are Aluprem, Hitox and Tioprem, BARTEX and Haltex, among others.
12GF Score

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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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