OceanTech Acquisitions I (OceanTech Acquisitions I) Tax Rate % : -0.63% (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is OceanTech Acquisitions I Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. OceanTech Acquisitions I's Tax Expense for the three months ended in Mar. 2024 was $0.01 Mil. OceanTech Acquisitions I's Pre-Tax Income for the three months ended in Mar. 2024 was $-1.59 Mil. Therefore, OceanTech Acquisitions I's Tax Rate % for the quarter that ended in Mar. 2024 was -0.63%.

OceanTech Acquisitions I Tax Rate % Historical Data

The historical data trend for OceanTech Acquisitions I'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.

* Premium members only.

OceanTech Acquisitions I Tax Rate % Chart

OceanTech Acquisitions I Annual Data

Trend

Dec21

Dec22

Dec23

Tax Rate %

-2.89

OceanTech Acquisitions I Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial								-	-7.82	-11.91	6.72	-0.63

OceanTech Acquisitions I Tax Rate % Calculation

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

OceanTech Acquisitions I'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 )
	=	0.063	/	-2.179
	=	-2.89 %

OceanTech Acquisitions I'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 )
	=	0.01	/	-1.594
	=	-0.63 %

OceanTech Acquisitions I Tax Rate % Related Terms

Thank you for viewing the detailed overview of OceanTech Acquisitions I's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

OceanTech Acquisitions I (OceanTech Acquisitions I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » OceanTech Acquisitions I Corp (NAS:OTECW) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

OTEC:USA

Address

515 Madison Avenue, 8th Floor - Suite 8133, New York, NY, USA, 10022

Website

OceanTech Acquisitions I Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.