GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lundin Gold Inc (TSX:LUG) » Definitions » Tax Rate %

Lundin Gold (TSX:LUG) Tax Rate % : 40.59% (As of Mar. 2024)


View and export this data going back to 1989. Start your Free Trial

What is Lundin Gold Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lundin Gold's Tax Expense for the three months ended in Mar. 2024 was C$39 Mil. Lundin Gold's Pre-Tax Income for the three months ended in Mar. 2024 was C$95 Mil. Therefore, Lundin Gold's Tax Rate % for the quarter that ended in Mar. 2024 was 40.59%.


Lundin Gold Tax Rate % Historical Data

The historical data trend for Lundin Gold'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.

* Premium members only.

Lundin Gold Tax Rate % Chart

Lundin Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 21.89 13.88 58.51 37.04

Lundin Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.67 35.17 34.99 43.55 40.59

Lundin Gold Tax Rate % Calculation

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

Lundin Gold's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=141.647/382.407
=37.04 %

Lundin Gold's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=38.743/95.455
=40.59 %

* 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.


Lundin Gold Tax Rate % Related Terms

Thank you for viewing the detailed overview of Lundin Gold's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lundin Gold (TSX:LUG) Business Description

Traded in Other Exchanges
Address
885 West Georgia Street, Suite 2000, Vancouver, BC, CAN, V6C 3E8
Lundin Gold Inc is a Canada-based company focused on its Fruta del Norte gold operation and developing its portfolio of mineral concessions in Ecuador. The Fruta del Norte deposit is located within a 150 km long copper-gold metallogenic sub-province located in the Cordillera del Condor region in southeastern Ecuador.
Executives
Ronald F. Hochstein Director, Senior Officer
Sheila Margaret Colman Senior Officer
Chester See Senior Officer

Lundin Gold (TSX:LUG) Headlines

No Headlines