Solution Financial (TSX:SFI) Tax Rate % : 27.59% (As of Jan. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Solution Financial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Solution Financial's Tax Expense for the three months ended in Jan. 2024 was C$0.01 Mil. Solution Financial's Pre-Tax Income for the three months ended in Jan. 2024 was C$0.03 Mil. Therefore, Solution Financial's Tax Rate % for the quarter that ended in Jan. 2024 was 27.59%.

Solution Financial Tax Rate % Historical Data

The historical data trend for Solution Financial'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.

Solution Financial Tax Rate % Chart

Solution Financial Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Tax Rate %

Get a 7-Day Free Trial

44.85

49.30

21.20

24.23

110.57

Solution Financial Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Tax Rate %	Get a 7-Day Free Trial															28.32	26.92	27.67	249.29	27.59

Solution Financial Tax Rate % Calculation

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

Solution Financial's Tax Rate % for the fiscal year that ended in Oct. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Oct. 2023 )	/	Pre-Tax Income (A: Oct. 2023 )
	=	-0.408	/	-0.369
	=	110.57 %

Solution Financial's Tax Rate % for the quarter that ended in Jan. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jan. 2024 )	/	Pre-Tax Income (Q: Jan. 2024 )
	=	0.008	/	0.029
	=	27.59 %

Solution Financial Tax Rate % Related Terms

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

Solution Financial (TSX:SFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Solution Financial Inc (TSX:SFI) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SLNFF:USA

Address

Unit 137 - 8680 Cambie Road, Richmond, BC, CAN, V6X 4K1

Website

https://www.solution.financial

Solution Financial Inc is engaged in retail sales, leases, and financing for high-end automotive vehicles, ultra-luxury vehicles, boats, and commercial equipment. The firm generates the majority of its revenue through the sales and leases of vehicles.

Executives

John Randall Smyth

Director

Solution Financial (TSX:SFI) Headlines

No Headlines