Choom Holdings (XCNQ:CHOO) Tax Rate % : 10.46% (As of Dec. 2021)

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What is Choom Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Choom Holdings's Tax Expense for the three months ended in Dec. 2021 was C$-0.69 Mil. Choom Holdings's Pre-Tax Income for the three months ended in Dec. 2021 was C$-6.59 Mil. Therefore, Choom Holdings's Tax Rate % for the quarter that ended in Dec. 2021 was 10.46%.

Choom Holdings Tax Rate % Historical Data

The historical data trend for Choom Holdings'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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Choom Holdings Tax Rate % Chart

Choom Holdings Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Tax Rate %

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15.91

0.83

-0.43

Choom Holdings Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Tax Rate %	Get a 7-Day Free Trial															-	-2.33	-0.03	-12.28	10.46

Choom Holdings Tax Rate % Calculation

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

Choom Holdings's Tax Rate % for the fiscal year that ended in Jun. 2021 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2021 )	/	Pre-Tax Income (A: Jun. 2021 )
	=	0.086	/	-20.129
	=	-0.43 %

Choom Holdings's Tax Rate % for the quarter that ended in Dec. 2021 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2021 )	/	Pre-Tax Income (Q: Dec. 2021 )
	=	-0.689	/	-6.59
	=	10.46 %

Choom Holdings Tax Rate % Related Terms

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Choom Holdings (XCNQ:CHOO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Choom Holdings Inc (XCNQ:CHOO) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1525 West 8th Avenue, Suite 208, Vancouver, BC, CAN, V6J 1T5

Website

https://www.choom.ca

Choom Holdings Inc is a Canadian cannabis retailer. It sells products under the brand name Choom. The company has two primary business units, Retail Cannabis, and Patient Counselling. It generates maximum revenue from the Retail Cannabis segment.

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