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Li-FT Power (TSXV:LIFT) Tax Rate % : 47.46% (As of Feb. 2024)


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What is Li-FT Power Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Li-FT Power's Tax Expense for the three months ended in Feb. 2024 was C$-1.74 Mil. Li-FT Power's Pre-Tax Income for the three months ended in Feb. 2024 was C$-3.66 Mil. Therefore, Li-FT Power's Tax Rate % for the quarter that ended in Feb. 2024 was 47.46%.

Li-FT Power Tax Rate % Historical Data

The historical data trend for Li-FT Power'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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Li-FT Power Tax Rate % Chart

Li-FT Power Annual Data
Trend Nov21 Nov22
Tax Rate %
- -

Li-FT Power Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Feb24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - 318.48 1,429.02 47.46

Li-FT Power Tax Rate % Calculation

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

Li-FT Power's Tax Rate % for the fiscal year that ended in Nov. 2022 is calculated as

Tax Rate %=Tax Expense (A: Nov. 2022 )/Pre-Tax Income (A: Nov. 2022 )
=0/-0.738
=0.00 %

Li-FT Power'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 )
=-1.735/-3.656
=47.46 %

* 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.

Li-FT Power Tax Rate % Related Terms

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Li-FT Power (TSXV:LIFT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Li-FT Power Ltd (TSXV:LIFT) » Definitions » Tax Rate %
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Traded in Other Exchanges
LIFFF:USA WS0:Germany
Address
1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9
Website
https://www.li-ft.com
Li-FT Power Ltd is a mineral exploration company involved in the identification, acquisition, and exploration of mineral properties. The company is exploring lithium. Its project portfolio includes Rupert Project, Pontax Project, Moyenne Project, and Lithium Yellowknife Project.

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