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Fortitude Gold (Fortitude Gold) Tax Rate % : 97.26% (As of Mar. 2024)


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What is Fortitude Gold Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Fortitude Gold's Tax Expense for the three months ended in Mar. 2024 was $-0.07 Mil. Fortitude Gold's Pre-Tax Income for the three months ended in Mar. 2024 was $-0.07 Mil. Therefore, Fortitude Gold's Tax Rate % for the quarter that ended in Mar. 2024 was 97.26%.

Fortitude Gold Tax Rate % Historical Data

The historical data trend for Fortitude Gold'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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Fortitude Gold Tax Rate % Chart

Fortitude Gold Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
- 1.95 24.09 18.25 18.86

Fortitude Gold 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 19.56 20.12 20.07 4.48 97.26

Fortitude Gold Tax Rate % Calculation

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

Fortitude Gold'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 )
=3.955/20.972
=18.86 %

Fortitude Gold'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 )
=-0.071/-0.073
=97.26 %

* 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.

Fortitude Gold Tax Rate % Related Terms

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Fortitude Gold (Fortitude Gold) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortitude Gold Corp (OTCPK:FTCO) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
2886 Carriage Manor Point, Colorado Springs, CO, USA, 80906
Website
https://www.fortitudegold.com
Fortitude Gold Corp is a mineral exploration and evaluation company. It primarily explores gold and silver. It is focused on developing the Isabella Pearl project, Golden Mile property, East Camp Douglas property, Mina Gold property, and County Line property.