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GRIID Infrastructure (GRIID Infrastructure) Tax Rate % : 1.56% (As of Sep. 2023)


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What is GRIID Infrastructure Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. GRIID Infrastructure's Tax Expense for the three months ended in Sep. 2023 was $-0.19 Mil. GRIID Infrastructure's Pre-Tax Income for the three months ended in Sep. 2023 was $-12.05 Mil. Therefore, GRIID Infrastructure's Tax Rate % for the quarter that ended in Sep. 2023 was 1.56%.

GRIID Infrastructure Tax Rate % Historical Data

The historical data trend for GRIID Infrastructure'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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GRIID Infrastructure Tax Rate % Chart

GRIID Infrastructure Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
-7.14 0.48 -27.84

GRIID Infrastructure Quarterly Data
Dec21 Jun22 Dec22 Jun23 Sep23 Dec23
Tax Rate % Get a 7-Day Free Trial 0.86 0.48 3.53 1.56 -

GRIID Infrastructure Tax Rate % Calculation

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

GRIID Infrastructure'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 )
=4.063/-14.594
=-27.84 %

GRIID Infrastructure's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2023 )/Pre-Tax Income (Q: Sep. 2023 )
=-0.188/-12.049
=1.56 %

* 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.

GRIID Infrastructure Tax Rate % Related Terms

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GRIID Infrastructure (GRIID Infrastructure) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » GRIID Infrastructure Inc (NAS:GRDI) » Definitions » Tax Rate %
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Traded in Other Exchanges
GRDI:Canada
Address
2577 Duck Creek Road, Cincinnati, OH, USA, 45212
Website
Griid Holdco LLC is a vertically integrated Bitcoin mining company. It owns and operates a growing portfolio of energy infrastructure and high-density data centers across North America. The Company has built a cryptocurrency mining operation, which operates specialized computers (also known as miners) that generate cryptocurrency. Currently, the only cryptocurrency mined by GRIID is Bitcoin.

GRIID Infrastructure (GRIID Infrastructure) Headlines

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