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Logan energy (TSXV:LGN) Tax Rate % : 9.58% (As of Mar. 2024)


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What is Logan energy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Logan energy's Tax Expense for the three months ended in Mar. 2024 was C$-0.21 Mil. Logan energy's Pre-Tax Income for the three months ended in Mar. 2024 was C$-2.20 Mil. Therefore, Logan energy's Tax Rate % for the quarter that ended in Mar. 2024 was 9.58%.

Logan energy Tax Rate % Historical Data

The historical data trend for Logan 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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Logan energy Tax Rate % Chart

Logan energy Annual Data
Trend Dec22 Dec23
Tax Rate %
- -11.04

Logan energy Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial - - 1.92 23.87 9.58

Logan energy Tax Rate % Calculation

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

Logan 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 )
=3.361/-30.438
=-11.04 %

Logan 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 )
=-0.211/-2.202
=9.58 %

* 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.

Logan energy Tax Rate % Related Terms

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Logan energy (TSXV:LGN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Logan energy corp (TSXV:LGN) » Definitions » Tax Rate %
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Address
308 - 4 Avenue SW, Suite 1500, Calgary, AB, CAN, T2P 3C4
Website
https://www.loganenergycorp.com
Logan energy corp is a growth-oriented exploration, development and production company. It is founded with strong initial capitalization and three high-quality and opportunity-rich Montney assets located in the Simonette and Pouce Coupe areas of northwest Alberta and the Flatrock area of northeastern British Columbia. The company carries on the exploration,development and production of oil and natural gas.

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