GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Vitreous Glass Inc (OTCPK:VCIGF) » Definitions » Tax Rate %

Vitreous Glass (Vitreous Glass) Tax Rate % : 23.51% (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Vitreous Glass Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Vitreous Glass's Tax Expense for the three months ended in Dec. 2023 was $0.13 Mil. Vitreous Glass's Pre-Tax Income for the three months ended in Dec. 2023 was $0.55 Mil. Therefore, Vitreous Glass's Tax Rate % for the quarter that ended in Dec. 2023 was 23.51%.


Vitreous Glass Tax Rate % Historical Data

The historical data trend for Vitreous Glass'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.

Vitreous Glass Tax Rate % Chart

Vitreous Glass Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.43 24.85 22.68 23.78 23.06

Vitreous Glass Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 23.58 23.65 23.89 20.42 23.51

Vitreous Glass Tax Rate % Calculation

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

Vitreous Glass's Tax Rate % for the fiscal year that ended in Sep. 2023 is calculated as

Tax Rate %=Tax Expense (A: Sep. 2023 )/Pre-Tax Income (A: Sep. 2023 )
=0.562/2.437
=23.06 %

Vitreous Glass'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 )
=0.13/0.553
=23.51 %

* 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.


Vitreous Glass Tax Rate % Related Terms

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


Vitreous Glass (Vitreous Glass) Business Description

Traded in Other Exchanges
Address
212 East Lake Boulevard, Airdrie, AB, CAN, T4A 0H5
Vitreous Glass Inc cleans, crushes, and sells waste glass to the fiberglass manufacturing industry. The company also removes the contaminates and crushes the glass to sand and then this sand is sold to fiberglass insulation manufacturers as furnace ready cullet for use in their production facilities. Its sole source of revenue is generated by providing crushed glass to its customers.

Vitreous Glass (Vitreous Glass) Headlines

From GuruFocus

Vitreous Glass Inc. Stock Option Grant

By GlobeNewswire GlobeNewswire 11-14-2018