Istmo Compania de Reaseguros (XPTY:REIS) Tax Rate %: 0.80% (As of Sep. 2016)

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What is Istmo Compania de Reaseguros Tax Rate %?

Istmo Compania de Reaseguros XPTY:REIS Tax Rate % is 0.80% as of Sep. 2016.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Istmo Compania de Reaseguros's Tax Expense for the three months ended in Sep. 2016 was $-0.15 Mil. Istmo Compania de Reaseguros's Pre-Tax Income for the three months ended in Sep. 2016 was $-19.19 Mil. Therefore, Istmo Compania de Reaseguros's Tax Rate % for the quarter that ended in Sep. 2016 was 0.80%.

Istmo Compania de Reaseguros Tax Rate % Related Terms

Istmo Compania de Reaseguros Tax Rate % Historical Data

* Premium members only.

The historical data trend for Istmo Compania de Reaseguros'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.

Istmo Compania de Reaseguros Tax Rate % Chart

Istmo Compania de Reaseguros Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Tax Rate %
Get a 7-Day Free Trial 3.50 4.29 7.75 8.19 -29.76

Istmo Compania de Reaseguros Quarterly Data
Dec09 Dec10 Dec11 Dec12 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 1.20 33.90 -4.25 -4.10 0.80

Istmo Compania de Reaseguros Tax Rate % Calculation

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

Istmo Compania de Reaseguros's Tax Rate % for the fiscal year that ended in Dec. 2015 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2015 )/Pre-Tax Income (A: Dec. 2015 )
=1.268/-4.261
=-29.76 %

Istmo Compania de Reaseguros's Tax Rate % for the quarter that ended in Sep. 2016 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2016 )/Pre-Tax Income (Q: Sep. 2016 )
=-0.153/-19.192
=0.80 %

* 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 0.80% mean?
Istmo Compania de Reaseguros (XPTY:REIS) has a Tax Rate % of 0.80% as of Sep. 2016.
Is Istmo Compania de Reaseguros' Tax Rate % too high?
Istmo Compania de Reaseguros' current Tax Rate % is 0.80%.
How does Istmo Compania de Reaseguros' Tax Rate % compare to BCRH and OXBR?
Istmo Compania de Reaseguros' Tax Rate % of 0.80% can be compared against companies in the Insurance 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 Insurance company?
A good Tax Rate % depends on the Insurance 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. Istmo Compania de Reaseguros's current Tax Rate % is 0.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Istmo Compania de Reaseguros stock overvalued right now?
Istmo Compania de Reaseguros (XPTY:REIS) has a current Tax Rate % of 0.80%. The current Tax Rate % is 0.80%. 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 Istmo Compania de Reaseguros (XPTY:REIS), the current Tax Rate % is 0.80% as of Sep. 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.

Istmo Compania de Reaseguros Business Description

Address Av Paseo Roberto Motta, Costa del Este, PO Box 0816-03239, Pacific Vista Street, No. PH-51, Panama, PAN
Istmo Compania de Reaseguros Inc is a Panamanian reinsurance company. The Company offers reinsurance, insurance and specialized services.