Maxim Power (Maxim Power) Tax Rate % : 24.81% (As of Dec. 2023)

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What is Maxim Power Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Maxim Power's Tax Expense for the three months ended in Dec. 2023 was $4.79 Mil. Maxim Power's Pre-Tax Income for the three months ended in Dec. 2023 was $19.31 Mil. Therefore, Maxim Power's Tax Rate % for the quarter that ended in Dec. 2023 was 24.81%.

Maxim Power Tax Rate % Historical Data

The historical data trend for Maxim Power'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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Maxim Power Tax Rate % Chart

Maxim Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-25.76

-231.00

20.01

19.62

24.35

Maxim Power 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															22.76	22.73	23.79	22.98	24.81

Maxim Power Tax Rate % Calculation

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

Maxim Power'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 )
	=	6.788	/	27.879
	=	24.35 %

Maxim Power'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 )
	=	4.791	/	19.308
	=	24.81 %

Maxim Power Tax Rate % Related Terms

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Maxim Power (Maxim Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Maxim Power Corp (OTCPK:MXGFF) » Definitions » Tax Rate %

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MXG:Canada

Address

715-5 Avenue Southwest, Suite 1800, Calgary, AB, CAN, T2P 2X6

Website

https://www.maximpowercorp.com

Maxim Power Corp is an independent power producer. It is focused entirely on power projects in Alberta. Its core asset is the 204MW H.R. Milner Plant, M2, in Grande Cache, AB, a state-of-the-art natural gas-fired power plant that went online in Q2, 2020. The company is increasing the capacity of M2 to approximately 300 MW and concurrently will realize an improvement in the efficiency of the plant by investing in heat recovery combined cycle technology. Further, MAXIM continues to explore further development options in Alberta, including its gas-fired generation projects and its wind power generation project.