Genco Shipping & Trading (GNK) Tax Rate (2016)
Genco Shipping & Trading (GNK) has disclosed Tax Rate for 7 consecutive years, with 0.23% as the latest value for Q4 2016.
- On a quarterly basis, Tax Rate rose 77.0% to 0.23% in Q4 2016 year-over-year; TTM through Sep 2017 was 0.07%, a 49.0% increase, with the full-year FY2016 number at 0.33%, up 39.0% from a year prior.
- Tax Rate was 0.23% for Q4 2016 at Genco Shipping & Trading, up from 1.54% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 45.15% in Q1 2014 to a low of 60.63% in Q4 2013.
- A 5-year average of 1.36% and a median of 0.58% in 2013 define the central range for Tax Rate.
- Peak YoY movement for Tax Rate: tumbled -6091bps in 2013, then soared 4558bps in 2014.
- Genco Shipping & Trading's Tax Rate stood at 0.28% in 2012, then crashed by -22096bps to 60.63% in 2013, then surged by 97bps to 1.77% in 2014, then surged by 69bps to 0.54% in 2015, then soared by 142bps to 0.23% in 2016.
- Per Business Quant, the three most recent readings for GNK's Tax Rate are 0.23% (Q4 2016), 1.54% (Q3 2016), and 0.09% (Q2 2016).