Geodrill (Geodrill) Tax Rate % : -644.32% (As of Dec. 2023)

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What is Geodrill Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Geodrill's Tax Expense for the three months ended in Dec. 2023 was $1.2 Mil. Geodrill's Pre-Tax Income for the three months ended in Dec. 2023 was $-0.2 Mil. Therefore, Geodrill's Tax Rate % for the quarter that ended in Dec. 2023 was -644.32%.

Geodrill Tax Rate % Historical Data

The historical data trend for Geodrill'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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Geodrill Tax Rate % Chart

Geodrill Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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68.09

29.07

28.68

31.53

55.82

Geodrill 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															31.90	22.04	39.70	-22.25	-644.32

Geodrill Tax Rate % Calculation

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

Geodrill'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 )
	=	4.755	/	8.519
	=	55.82 %

Geodrill'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 )
	=	1.192	/	-0.185
	=	-644.32 %

Geodrill Tax Rate % Related Terms

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Geodrill (Geodrill) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Geodrill Ltd (OTCPK:GEODF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

7GD:Germany GEO:Canada

Address

18 Peel Road, South Suite, Ragnall House, Douglas, IMN, IM1 4LZ

Website

https://www.geodrill-gh.com

Geodrill Ltd is an exploration drilling company. It mainly operates a fleet of multi-purpose, core, air-core, and grade control drill rigs. The company provides reverse circulation, diamond core, air-core, grade control, geo-tech, and water bore drilling services to major, intermediate, and junior mining companies.