TTNN (Titan NRG) Tax Rate %: 70.41% (As of Dec. 2011)

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What is Titan NRG Tax Rate %?

Titan NRG TTNN -0.76% Tax Rate % is 70.41% as of Dec. 2011.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Titan NRG's Tax Expense for the three months ended in Dec. 2011 was $0.07 Mil. Titan NRG's Pre-Tax Income for the three months ended in Dec. 2011 was $0.10 Mil. Therefore, Titan NRG's Tax Rate % for the quarter that ended in Dec. 2011 was 70.41%.

Titan NRG Tax Rate % Related Terms

Titan NRG Tax Rate % Historical Data

* Premium members only.

The historical data trend for Titan NRG'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.

Titan NRG Tax Rate % Chart

Titan NRG Annual Data
Trend Sep07 Sep08 Sep09 Mar10 Mar11
Tax Rate %
0.00 0.00 0.00 0.00 36.58

Titan NRG Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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 -600.00 -4.08 20.50 3.73 70.41

Titan NRG Tax Rate % Calculation

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

Titan NRG's Tax Rate % for the fiscal year that ended in Mar. 2011 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2011 )/Pre-Tax Income (A: Mar. 2011 )
=0.124/0.339
=36.58 %

Titan NRG's Tax Rate % for the quarter that ended in Dec. 2011 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2011 )/Pre-Tax Income (Q: Dec. 2011 )
=0.069/0.098
=70.41 %

* 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 70.41% mean?
Titan NRG (TTNN) has a Tax Rate % of 70.41% as of Dec. 2011.
Is Titan NRG's Tax Rate % too high?
Titan NRG's current Tax Rate % is 70.41%.
How does Titan NRG's Tax Rate % compare to SSOL and ABCE?
Titan NRG's Tax Rate % of 70.41% can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Tax Rate % depends on the Oil & Gas 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. Titan NRG's current Tax Rate % is 70.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Titan NRG stock overvalued right now?
Titan NRG (TTNN) has a current Tax Rate % of 70.41%. The current Tax Rate % is 70.41%. 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 Titan NRG (TTNN), the current Tax Rate % is 70.41% as of Dec. 2011. 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.

Titan NRG Business Description

Industry EnergyOil & Gas
Address 4255 North Sullinger Avenue, Tucson, AZ, USA, 85705
Titan NRG operates as a downstream energy and transportation company through its subsidiaries. The products of the company include Propane, Butane, Asphalt, Emulsion, and Specialty Chemicals.