Alvopetro Energy (TSXV:ALV) Tax Rate % : 14.79% (As of Mar. 2024)

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What is Alvopetro Energy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Alvopetro Energy's Tax Expense for the three months ended in Mar. 2024 was C$1.07 Mil. Alvopetro Energy's Pre-Tax Income for the three months ended in Mar. 2024 was C$7.23 Mil. Therefore, Alvopetro Energy's Tax Rate % for the quarter that ended in Mar. 2024 was 14.79%.

Alvopetro Energy Tax Rate % Historical Data

The historical data trend for Alvopetro 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.
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Alvopetro Energy Tax Rate % Chart

Alvopetro Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-190.96

53.45

15.26

13.03

Alvopetro Energy 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															14.41	15.46	9.42	-40.22	14.79

Alvopetro Energy Tax Rate % Calculation

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

Alvopetro 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 )
	=	5.734	/	44.003
	=	13.03 %

Alvopetro Energy'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 )
	=	1.069	/	7.228
	=	14.79 %

Alvopetro Energy Tax Rate % Related Terms

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Alvopetro Energy (TSXV:ALV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Alvopetro Energy Ltd (TSXV:ALV) » Definitions » Tax Rate %

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ALVOF:USA

Address

215 - 9th Avenue SW, Suite 1920, Calgary, AB, CAN, T2P 1K3

Website

https://www.alvopetro.com

Alvopetro Energy Ltd is a Canada-based resource company engaged in the exploration, acquisition, development, and production of hydrocarbons in Brazil. It generates revenue from Natural gas, oil, and condensate sales, and all of its revenue is derived from Brazil. All natural gas, oil and condensate sales revenue is derived from Brazilian operations. All exploration and evaluation assets and all material property, plant and equipment are located in Brazil.

Executives

John David Wright

Director