Softchoice (TSX:SFTC) Tax Rate % : 122.83% (As of Mar. 2024)

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What is Softchoice Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Softchoice's Tax Expense for the three months ended in Mar. 2024 was C$7 Mil. Softchoice's Pre-Tax Income for the three months ended in Mar. 2024 was C$6 Mil. Therefore, Softchoice's Tax Rate % for the quarter that ended in Mar. 2024 was 122.83%.

Softchoice Tax Rate % Historical Data

The historical data trend for Softchoice'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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Softchoice Tax Rate % Chart

Softchoice Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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33.27

24.68

-6.46

32.66

26.61

Softchoice Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															30.09	29.61	30.08	21.49	122.83

Softchoice Tax Rate % Calculation

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

Softchoice'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 )
	=	22.395	/	84.157
	=	26.61 %

Softchoice'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 )
	=	7.484	/	6.093
	=	122.83 %

Softchoice Tax Rate % Related Terms

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Softchoice (TSX:SFTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Softchoice Corp (TSX:SFTC) » Definitions » Tax Rate %

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Traded in Other Exchanges

SFTCF:USA

Address

173 Dufferin Street, Suite 200, Toronto, ON, CAN, M6K 3H7

Website

https://www.softchoice.com

Softchoice Corp is a technology service and solutions provider that equips organizations to be agile for their people to be engaged, connected and creative at work. The company designs, procures, implements and manages complex multi-vendor IT solutions that enable customers' digital transformations using a results-oriented engagement model that drives long-term relationships.

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