GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Laredo Oil Inc (OTCPK:LRDC) » Definitions » Tax Rate %

Laredo Oil (Laredo Oil) Tax Rate % : 0.00% (As of Feb. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Laredo Oil Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Laredo Oil's Tax Expense for the three months ended in Feb. 2024 was $0.00 Mil. Laredo Oil's Pre-Tax Income for the three months ended in Feb. 2024 was $-0.34 Mil. Therefore, Laredo Oil's Tax Rate % for the quarter that ended in Feb. 2024 was 0.00%.

Laredo Oil Tax Rate % Historical Data

The historical data trend for Laredo Oil'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.

Laredo Oil Tax Rate % Chart

Laredo Oil Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Laredo Oil Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - - - -

Laredo Oil Tax Rate % Calculation

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

Laredo Oil's Tax Rate % for the fiscal year that ended in May. 2023 is calculated as

Tax Rate %=Tax Expense (A: May. 2023 )/Pre-Tax Income (A: May. 2023 )
=0/-3.112
=0.00 %

Laredo Oil's Tax Rate % for the quarter that ended in Feb. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Feb. 2024 )/Pre-Tax Income (Q: Feb. 2024 )
=0/-0.336
=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.

Laredo Oil Tax Rate % Related Terms

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

Laredo Oil (Laredo Oil) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Laredo Oil Inc (OTCPK:LRDC) » Definitions » Tax Rate %
Comparable Companies
NRIS GULTU PTCO ROYL ALTX FECOF GSPE WTXR VBHI AMNI COP HKSE:00883 EOG TSX:CNQ PXD OXY MIC:NVTK HES ASX:WDS DVN
Traded in Other Exchanges
N/A
Address
2021 Guadalupe Street, Suite 260, Austin, TX, USA, 78705
Website
https://www.laredo-oil.com
Laredo Oil Inc is an oil exploration and production company. It is engaged in managing the acquisition and conventional operation of mature oil fields and the further recovery of stranded oil from those fields using enhanced oil recovery (EOR) methods. The company focuses on EOR applications in depleted and mature oil fields.