ECN Capital (ECN Capital) Tax Rate % : -24.73% (As of Mar. 2024)

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What is ECN Capital Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ECN Capital's Tax Expense for the three months ended in Mar. 2024 was $1.4 Mil. ECN Capital's Pre-Tax Income for the three months ended in Mar. 2024 was $-5.8 Mil. Therefore, ECN Capital's Tax Rate % for the quarter that ended in Mar. 2024 was -24.73%.

ECN Capital Tax Rate % Historical Data

The historical data trend for ECN Capital'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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ECN Capital Tax Rate % Chart

ECN Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-82.46

20.67

31.68

61.06

-5.04

ECN Capital 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															-13.34	-21.42	72.54	-22.32	-24.73

ECN Capital Tax Rate % Calculation

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

ECN Capital'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 )
	=	5.127	/	-101.65
	=	-5.04 %

ECN Capital'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 )
	=	1.422	/	-5.75
	=	-24.73 %

ECN Capital Tax Rate % Related Terms

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ECN Capital (ECN Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ECN Capital Corp (OTCPK:ECNCF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

2EZ:Germany ECN.PR.C.PFD:Canada ECN:Canada

Address

161 Bay Street, Suite 2800, Toronto, ON, CAN, M5J2S1

Website

https://www.ecncapitalcorp.com

ECN Capital Corp is a financial business service provider. The group originates, manages, and advises on credit assets on behalf of its partners, specifically consumer loans and commercial loans. The company's operating segment includes Manufactured Housing Finance, and Recreational Vehicle and Marine (RV and Marine) Finance.