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Genesis Land Development (Genesis Land Development) Tax Rate % : 25.08% (As of Mar. 2024)


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What is Genesis Land Development Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Genesis Land Development's Tax Expense for the three months ended in Mar. 2024 was $1.7 Mil. Genesis Land Development's Pre-Tax Income for the three months ended in Mar. 2024 was $6.7 Mil. Therefore, Genesis Land Development's Tax Rate % for the quarter that ended in Mar. 2024 was 25.08%.

Genesis Land Development Tax Rate % Historical Data

The historical data trend for Genesis Land Development'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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Genesis Land Development Tax Rate % Chart

Genesis Land Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.13 18.78 23.51 27.05 22.83

Genesis Land Development Quarterly Data
Jun19 Sep19 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 Premium Member Only Premium Member Only 10.62 21.71 28.67 22.21 25.08

Genesis Land Development Tax Rate % Calculation

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

Genesis Land Development'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 )
=3.102/13.585
=22.83 %

Genesis Land Development'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 )
=1.67/6.659
=25.08 %

* 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.

Genesis Land Development Tax Rate % Related Terms

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Genesis Land Development (Genesis Land Development) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Genesis Land Development Corp (OTCPK:GNLAF) » Definitions » Tax Rate %
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Traded in Other Exchanges
GDC:Canada
Address
6240, 333 - 96 Avenue NE, Calgary, AB, CAN, T3K 0S3
Website
https://www.genesisland.com
Genesis Land Development Corp is a Canada-based land developer and home builder. The company is engaged in the acquisition, development, and sale of land, residential lots, and homes mainly in the greater Calgary area. The company has two business segments: Land development and Homebuilding. It earns the majority of its revenue from the home building segment.

Genesis Land Development (Genesis Land Development) Headlines

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