Itoco (ITMC) Total Tax Payable: $0.66 Mil (As of Sep. 2010)

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 Itoco Total Tax Payable?

Itoco ITMC -99.00% Total Tax Payable is $0.66 Mil as of Sep. 2010.

Itoco's Total Tax Payable for the quarter that ended in Sep. 2010 was $0.66 Mil.

Itoco's quarterly Total Tax Payable declined from Mar. 2010 ($1.46 Mil) to Jun. 2010 ($0.98 Mil) and declined from Jun. 2010 ($0.98 Mil) to Sep. 2010 ($0.66 Mil).

Itoco's annual Total Tax Payable increased from . 20 ($0.00 Mil) to Dec. 2008 ($1.54 Mil) but then declined from Dec. 2008 ($1.54 Mil) to Dec. 2009 ($1.37 Mil).

Itoco Total Tax Payable Historical Data

* Premium members only.

The historical data trend for Itoco's Total Tax Payable 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.

Itoco Total Tax Payable Chart

Itoco Annual Data
Trend Dec08 Dec09
Total Tax Payable
1.54 1.37

Itoco Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Total Tax Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 1.37 1.46 0.98 0.66

Itoco Total Tax Payable Calculation

Total Tax Payable is the taxes liability owed to federal, state, and local tax authorities. It is the carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes.

Frequently Asked Questions Learn more about Total Tax Payable →
What does a Total Tax Payable of $0.66 Mil mean?
Itoco (ITMC) has a Total Tax Payable of $0.66 Mil as of Sep. 2010. Tax Payable is the taxes liability owed to federal, state, and local tax authorities. View historical data on Itoco and its competitors.
Is Itoco's Total Tax Payable too high?
Itoco's current Total Tax Payable is $0.66 Mil.
How does Itoco's Total Tax Payable compare to BLAIF?
Itoco's Total Tax Payable of $0.66 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Tax Payable for a Biotechnology company?
A good Total Tax Payable depends on the Biotechnology industry context. However, Total Tax Payable 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 Total Tax Payable mean?
A high Total Tax Payable can signal that a stock is expensive relative to its fundamentals. Tax Payable is the taxes liability owed to federal, state, and local tax authorities. View historical data on Itoco and its competitors. Itoco's current Total Tax Payable is $0.66 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itoco stock overvalued right now?
Itoco (ITMC) has a current Total Tax Payable of $0.66 Mil. The current Total Tax Payable is $0.66 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Tax Payable calculated?
Total Tax Payable is calculated from a company's financial statements. For Itoco (ITMC), the current Total Tax Payable is $0.66 Mil as of Sep. 2010. 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.

Itoco Business Description

Address 50 West Liberty Street, Suite 880, Reno, NV, USA, 89501
Itoco Inc is focused on developing and bringing biotech products to the market via co-development and joint venture arrangements with various companies. The company is currently examining various technologies that seek to control and/or identify bio-contaminants such as viruses and bacteria.