XCOMQ (Xtera Communications) Tax Rate %: -0.01% (As of Jun. 2016)

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What is Xtera Communications Tax Rate %?

Xtera Communications XCOMQ -99.00% Tax Rate % is -0.01% as of Jun. 2016.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Xtera Communications's Tax Expense for the three months ended in Jun. 2016 was $0.00 Mil. Xtera Communications's Pre-Tax Income for the three months ended in Jun. 2016 was $-23.64 Mil. Therefore, Xtera Communications's Tax Rate % for the quarter that ended in Jun. 2016 was -0.01%.

Xtera Communications Tax Rate % Related Terms

Xtera Communications Tax Rate % Historical Data

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The historical data trend for Xtera Communications'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.

Xtera Communications Tax Rate % Chart

Xtera Communications Annual Data
Trend Sep13 Sep14 Sep15
Tax Rate %
-0.02 -0.46 -0.32

Xtera Communications Quarterly Data
Sep13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Tax Rate % Get a 7-Day Free Trial Premium Member Only -0.04 -0.23 -0.01 -0.02 -0.01

Xtera Communications Tax Rate % Calculation

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

Xtera Communications's Tax Rate % for the fiscal year that ended in Sep. 2015 is calculated as

Tax Rate %=Tax Expense (A: Sep. 2015 )/Pre-Tax Income (A: Sep. 2015 )
=0.053/-16.579
=-0.32 %

Xtera Communications's Tax Rate % for the quarter that ended in Jun. 2016 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2016 )/Pre-Tax Income (Q: Jun. 2016 )
=0.002/-23.635
=-0.01 %

* 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 -0.01% mean?
Xtera Communications (XCOMQ) has a Tax Rate % of -0.01% as of Jun. 2016.
Is Xtera Communications' Tax Rate % too high?
Xtera Communications' current Tax Rate % is -0.01%.
How does Xtera Communications' Tax Rate % compare to TAIT and AEY?
Xtera Communications' Tax Rate % of -0.01% 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. Xtera Communications's current Tax Rate % is -0.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xtera Communications stock overvalued right now?
Xtera Communications (XCOMQ) has a current Tax Rate % of -0.01%. The current Tax Rate % is -0.01%. 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 Xtera Communications (XCOMQ), the current Tax Rate % is -0.01% as of Jun. 2016. 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.

Xtera Communications Business Description

Address 500 West Bethany Drive, Suite 100, Allen, TX, USA, 75013
Xtera Communications Inc is a provider of optical transport solutions. It sells its optical transport solutions to telecommunications service providers, content service providers, enterprises and government entities across the world to support their deployments of long-haul terrestrial and submarine optical cable networks. Its optical networking solutions are designed to offer reach and capacity for intermediate sites between end-points of long-haul networks. Its primary service offerings include services, installation and deployment services, on-site hardware replacement services, system maintenance services, extended hardware warranty services and training across a spectrum of products within the optical networking industry. The company offers hardware, software and turnkey solutions.