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MCF Energy (MCF Energy) Tax Rate % : -2.01% (As of Dec. 2023)


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What is MCF Energy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MCF Energy's Tax Expense for the three months ended in Dec. 2023 was $0.03 Mil. MCF Energy's Pre-Tax Income for the three months ended in Dec. 2023 was $-1.25 Mil. Therefore, MCF Energy's Tax Rate % for the quarter that ended in Dec. 2023 was -2.01%.


MCF Energy Tax Rate % Historical Data

The historical data trend for MCF Energy'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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MCF Energy Tax Rate % Chart

MCF Energy 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 22.48 - - - 1.31

MCF Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 - - - 5.62 -2.01

MCF Energy Tax Rate % Calculation

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

MCF Energy'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 )
=-0.107/-8.163
=1.31 %

MCF Energy'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 )
=0.025/-1.245
=-2.01 %

* 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.


MCF Energy Tax Rate % Related Terms

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MCF Energy (MCF Energy) Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1
MCF Energy Ltd is a junior resource company engaged in the identification, exploration, and development, of both proven and unproven reserves via drilling and/or acquisition with a focus on the European oil and gas sector. It has two projects which are in Australia and Germany.

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