TWER (Towerstream) Tax Rate %: 0.00% (As of Dec. 2018)

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What is Towerstream Tax Rate %?

Towerstream TWER Tax Rate % is 0.00% as of Dec. 2018.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Towerstream's Tax Expense for the three months ended in Dec. 2018 was $0.00 Mil. Towerstream's Pre-Tax Income for the three months ended in Dec. 2018 was $-2.91 Mil. Therefore, Towerstream's Tax Rate % for the quarter that ended in Dec. 2018 was 0.00%.

Towerstream Tax Rate % Related Terms

Towerstream Tax Rate % Historical Data

* Premium members only.

The historical data trend for Towerstream'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.

Towerstream Tax Rate % Chart

Towerstream Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.72 0.20 -0.28 0.67 3.20

Towerstream Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.00 0.00 0.00 0.00 0.00

Towerstream Tax Rate % Calculation

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

Towerstream'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 )
=-0.337/-10.547
=3.20 %

Towerstream's Tax Rate % for the quarter that ended in Dec. 2018 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2018 )/Pre-Tax Income (Q: Dec. 2018 )
=0/-2.911
=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?
Towerstream (TWER) has a Tax Rate % of 0.00% as of Dec. 2018.
Is Towerstream's Tax Rate % too high?
Towerstream's current Tax Rate % is 0.00%.
How does Towerstream's Tax Rate % compare to FULO and DTGI?
Towerstream's Tax Rate % of 0.00% can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Tax Rate % depends on the Telecommunication Services 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. Towerstream'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 Towerstream stock overvalued right now?
Towerstream (TWER) 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 Towerstream (TWER), the current Tax Rate % is 0.00% as of Dec. 2018. 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.

Towerstream Business Description

Address 76 Hammarlund Way, Middletown, RI, USA, 02842
Towerstream Corp is a US-based company providing fixed wireless services. The company operates through the Fixed Wireless Services business segment. Its fixed wireless service provides bandwidth on demand, wireless redundancy, virtual private networks, disaster recovery, bundled data and video services. The company installs receivers and antennas on rooftops to establish a wireless connection between the customer Location to one or more of its points of presence.