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Ascend Wellness Holdings (XCNQ:AAWH.U) Tax Rate % : -221.30% (As of Mar. 2024)


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What is Ascend Wellness Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ascend Wellness Holdings's Tax Expense for the three months ended in Mar. 2024 was $12.5 Mil. Ascend Wellness Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was $-5.7 Mil. Therefore, Ascend Wellness Holdings's Tax Rate % for the quarter that ended in Mar. 2024 was -221.30%.

Ascend Wellness Holdings Tax Rate % Historical Data

The historical data trend for Ascend Wellness Holdings'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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Ascend Wellness Holdings Tax Rate % Chart

Ascend Wellness Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
-2.05 -363.92 -51.55 -106.34 -226.65

Ascend Wellness Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -118.47 84.92 -149.00 -162.49 -221.30

Ascend Wellness Holdings Tax Rate % Calculation

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

Ascend Wellness Holdings'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 )
=33.454/-14.76
=-226.65 %

Ascend Wellness Holdings'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 )
=12.51/-5.653
=-221.30 %

* 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.

Ascend Wellness Holdings Tax Rate % Related Terms

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Ascend Wellness Holdings (XCNQ:AAWH.U) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ascend Wellness Holdings Inc (XCNQ:AAWH.U) » Definitions » Tax Rate %
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Traded in Other Exchanges
AAWH:USA
Address
1411 Broadway, 16th Floor, New York, NY, USA, 10018
Website
https://www.awholdings.com
Ascend Wellness Holdings Inc is a vertically integrated multi-state operator focused on adult-use or near-term adult-use cannabis states in limited license markets. The company's core business is the cultivation, manufacturing, and distribution of cannabis consumer packaged goods, which it sells through company-owned retail stores and third-party licensed cannabis retail stores. It generates maximum revenue from the retail product segment.

Ascend Wellness Holdings (XCNQ:AAWH.U) Headlines

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