VMRI (Valmie Resources) Tax Rate %: 0.00% (As of Feb. 2017)


What is Valmie Resources Tax Rate %?

Valmie Resources VMRI -99.00% Tax Rate % is 0.00% as of Feb. 2017.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Valmie Resources's Tax Expense for the three months ended in Feb. 2017 was $0.00 Mil. Valmie Resources's Pre-Tax Income for the three months ended in Feb. 2017 was $-0.27 Mil. Therefore, Valmie Resources's Tax Rate % for the quarter that ended in Feb. 2017 was 0.00%.

Valmie Resources Tax Rate % Related Terms

Valmie Resources Tax Rate % Historical Data

* Premium members only.

The historical data trend for Valmie Resources'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.

Valmie Resources Tax Rate % Chart

Valmie Resources Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Tax Rate %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Valmie Resources Quarterly Data
May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17
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

Valmie Resources Tax Rate % Calculation

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

Valmie Resources's Tax Rate % for the fiscal year that ended in Nov. 2016 is calculated as

Tax Rate %=Tax Expense (A: Nov. 2016 )/Pre-Tax Income (A: Nov. 2016 )
=0/-0.993
=0.00 %

Valmie Resources's Tax Rate % for the quarter that ended in Feb. 2017 is calculated as

Tax Rate %=Tax Expense (Q: Feb. 2017 )/Pre-Tax Income (Q: Feb. 2017 )
=0/-0.268
=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?
Valmie Resources (VMRI) has a Tax Rate % of 0.00% as of Feb. 2017.
Is Valmie Resources' Tax Rate % too high?
Valmie Resources' current Tax Rate % is 0.00%.
How does Valmie Resources' Tax Rate % compare to CRTG and SFIV?
Valmie Resources' Tax Rate % of 0.00% can be compared against companies in the Hardware 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 Hardware company?
A good Tax Rate % depends on the Hardware 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. Valmie Resources'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 Valmie Resources stock overvalued right now?
Valmie Resources (VMRI) 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 Valmie Resources (VMRI), the current Tax Rate % is 0.00% as of Feb. 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.

Valmie Resources Business Description

Address 1001 S Dairy Ashford Road, Suite 100, Houston, TX, USA, 77077
Valmie Resources Inc is engaged in the commercialization of products and services in the technology industry. The company focuses on unmanned aerial vehicle software, hardware and cloud services for commercial applications.