Canfor (Canfor) Tax Rate % : 30.63% (As of Dec. 2023)

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What is Canfor Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Canfor's Tax Expense for the three months ended in Dec. 2023 was $-40 Mil. Canfor's Pre-Tax Income for the three months ended in Dec. 2023 was $-131 Mil. Therefore, Canfor's Tax Rate % for the quarter that ended in Dec. 2023 was 30.63%.

Canfor Tax Rate % Historical Data

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

Canfor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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26.09

22.25

23.09

22.32

28.88

Canfor Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															27.48	27.03	31.55	26.01	30.63

Canfor Tax Rate % Calculation

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

Canfor'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 )
	=	-105.471	/	-365.236
	=	28.88 %

Canfor'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 )
	=	-40.027	/	-130.665
	=	30.63 %

Canfor Tax Rate % Related Terms

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Canfor (Canfor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Canfor Corp (OTCPK:CFPZF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CFP:Canada

Address

100-1700 West 75th Avenue, Vancouver, BC, CAN, V6P 6G2

Website

https://www.canfor.com

Canfor is a softwood lumber company that also owns around half of Canfor Pulp. It is active throughout North America and Europe, with lumber mills in British Columbia, Alberta, the Southeastern United States, and Sweden. It has two reportable segments: lumber and pulp and paper. The lumber segment includes Canfor's sawmilling and remanufacturing operations and the pulp and paper segment includes the kraft pulp, kraft paper, and bleached chemi-thermomechanical pulp businesses of Canfor Pulp.

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