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RE Royalties (TSXV:RE) Tax Rate % : -5.25% (As of Dec. 2023)


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What is RE Royalties Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. RE Royalties's Tax Expense for the three months ended in Dec. 2023 was C$0.04 Mil. RE Royalties's Pre-Tax Income for the three months ended in Dec. 2023 was C$-0.69 Mil. Therefore, RE Royalties's Tax Rate % for the quarter that ended in Dec. 2023 was -5.25%.

RE Royalties Tax Rate % Historical Data

The historical data trend for RE Royalties'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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RE Royalties Tax Rate % Chart

RE Royalties Annual Data
Trend Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial - - - -94.62 -15.28

RE Royalties Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 4.47 -48.34 4.78 -5.29 -5.25

RE Royalties Tax Rate % Calculation

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

RE Royalties'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 )
=0.24/-1.571
=-15.28 %

RE Royalties's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=0.036/-0.686
=-5.25 %

* 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.

RE Royalties Tax Rate % Related Terms

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RE Royalties (TSXV:RE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » RE Royalties Ltd (TSXV:RE) » Definitions » Tax Rate %
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Traded in Other Exchanges
RROYF:USA
Address
1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1
Website
https://www.reroyalties.com
RE Royalties Ltd is engaged in the acquisition of revenue-based royalties from renewable energy generation facilities and other clean energy technologies by providing a non-dilutive royalty financing solution to privately held and publicly traded renewable energy generation and development companies and clean energy technology companies. Its solutions provide a non-dilutive, flexible, and low-cost financing alternative that allows its clients to free up capital in order to grow their businesses.
Executives
Bernard Tan Director, Senior Officer

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