Goodfellow (TSX:GDL) Tax Rate % : 28.48% (As of Feb. 2024)

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What is Goodfellow Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Goodfellow's Tax Expense for the three months ended in Feb. 2024 was C$-0.0 Mil. Goodfellow's Pre-Tax Income for the three months ended in Feb. 2024 was C$-0.2 Mil. Therefore, Goodfellow's Tax Rate % for the quarter that ended in Feb. 2024 was 28.48%.

Goodfellow Tax Rate % Historical Data

The historical data trend for Goodfellow'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.

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Goodfellow Tax Rate % Chart

Goodfellow Annual Data

Trend

Aug13

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Tax Rate %

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28.46

27.39

25.11

26.92

26.89

Goodfellow 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															27.99	28.00	27.99	19.60	28.48

Goodfellow Tax Rate % Calculation

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

Goodfellow's Tax Rate % for the fiscal year that ended in Nov. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Nov. 2023 )	/	Pre-Tax Income (A: Nov. 2023 )
	=	5.402	/	20.09
	=	26.89 %

Goodfellow'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 )
	=	-0.043	/	-0.151
	=	28.48 %

Goodfellow Tax Rate % Related Terms

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Goodfellow (TSX:GDL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Goodfellow Inc (TSX:GDL) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

225 Goodfellow Street, Delson, QC, CAN, J5B 1V5

Website

https://www.goodfellowinc.com

Goodfellow Inc is engaged in various business activities related to remanufacturing and distribution of lumber and wood products. The Company manages its operations under one operating segment i.e. sale of Lumber, Specialty and commodity panels, Flooring and Building materials. Majority of company's revenue is generated from sale of Lumber. The company operates in Canada and The United States; majority revenue is generated from Canada.

Executives

Robert F. Hall

Director