XFTB (XFit Brands) Tax Rate %: 0.00% (As of Dec. 2016)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is XFit Brands Tax Rate %?

XFit Brands XFTB Tax Rate % is 0.00% as of Dec. 2016.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. XFit Brands's Tax Expense for the three months ended in Dec. 2016 was $0.00 Mil. XFit Brands's Pre-Tax Income for the three months ended in Dec. 2016 was $-0.65 Mil. Therefore, XFit Brands's Tax Rate % for the quarter that ended in Dec. 2016 was 0.00%.

XFit Brands Tax Rate % Related Terms

XFit Brands Tax Rate % Historical Data

* Premium members only.

The historical data trend for XFit Brands'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.

XFit Brands Tax Rate % Chart

XFit Brands Annual Data
Trend Jun14 Jun15 Jun16
Tax Rate %
0.00 0.00 0.00

XFit Brands Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
Tax Rate % Get a 7-Day Free Trial 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

XFit Brands Tax Rate % Calculation

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

XFit Brands's Tax Rate % for the fiscal year that ended in Jun. 2016 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2016 )/Pre-Tax Income (A: Jun. 2016 )
=0/-1.783
=0.00 %

XFit Brands's Tax Rate % for the quarter that ended in Dec. 2016 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2016 )/Pre-Tax Income (Q: Dec. 2016 )
=0/-0.646
=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?
XFit Brands (XFTB) has a Tax Rate % of 0.00% as of Dec. 2016.
Is XFit Brands' Tax Rate % too high?
XFit Brands' current Tax Rate % is 0.00%.
How does XFit Brands' Tax Rate % compare to WESC and QSMG?
XFit Brands' Tax Rate % of 0.00% can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Tax Rate % depends on the Travel & Leisure 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. XFit Brands'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 XFit Brands stock overvalued right now?
XFit Brands (XFTB) 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 XFit Brands (XFTB), the current Tax Rate % is 0.00% as of Dec. 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.

XFit Brands Business Description

Address 25731 Commercentre Drive, Lake Forest, CA, USA, 92630
XFit Brands Inc is active in the leisure industry. Its activities include design, development, and worldwide marketing and selling of functional equipment, training gear, apparel, and accessories for the impact sports market and fitness industry. Its products span the Impact Sports, Mixed Martial Arts (MMA), High and low impact fitness and Cross Training, and other Action Sports and are marketed and sold under the Throwdown, XFit Brands, and Transformations brand names.