Source Rock Royalties (TSXV:SRR) Tax Rate % : 31.05% (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Source Rock Royalties Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Source Rock Royalties's Tax Expense for the three months ended in Dec. 2023 was C$0.17 Mil. Source Rock Royalties's Pre-Tax Income for the three months ended in Dec. 2023 was C$0.55 Mil. Therefore, Source Rock Royalties's Tax Rate % for the quarter that ended in Dec. 2023 was 31.05%.

Source Rock Royalties Tax Rate % Historical Data

The historical data trend for Source Rock 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.

* Premium members only.

Source Rock Royalties Tax Rate % Chart

Source Rock Royalties Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Tax Rate %

45.35

231.34

25.70

30.88

Source Rock Royalties Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial								28.24	49.66	17.40	29.24	31.05

Source Rock Royalties Tax Rate % Calculation

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

Source Rock 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 )
	=	0.7	/	2.267
	=	30.88 %

Source Rock 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 )
	=	0.172	/	0.554
	=	31.05 %

Source Rock Royalties Tax Rate % Related Terms

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

Source Rock Royalties (TSXV:SRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Source Rock Royalties Ltd (TSXV:SRR) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SRRRF:USA

Address

421 - 7th Avenue S.W, 30th Floor, Calgary, AB, CAN, T2P 4K9

Website

https://www.sourcerockroyalties.com

Source Rock Royalties Ltd is a pure-play oil and gas royalty company with an existing, light oil-focused portfolio of royalty interests concentrated in southeast Saskatchewan, east-central Alberta, west-central Alberta, and west-central Saskatchewan.

Executives

Bradley Robert Docherty	Director, Senior Officer
Shaun Ashton Thiessen	Director

Source Rock Royalties (TSXV:SRR) Headlines

No Headlines