Telesat (Telesat) Tax Rate % : -30.42% (As of Dec. 2023)

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What is Telesat Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Telesat's Tax Expense for the three months ended in Dec. 2023 was $-6.6 Mil. Telesat's Pre-Tax Income for the three months ended in Dec. 2023 was $21.7 Mil. Therefore, Telesat's Tax Rate % for the quarter that ended in Dec. 2023 was -30.42%.

Telesat Tax Rate % Historical Data

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

Telesat Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

7.47

-1.81

30.43

-170.29

13.32

Telesat Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial									3.47	22.54	12.15	121.95	-30.42

Telesat Tax Rate % Calculation

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

Telesat'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 )
	=	66.783	/	501.54
	=	13.32 %

Telesat'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 )
	=	-6.601	/	21.702
	=	-30.42 %

Telesat Tax Rate % Related Terms

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Telesat (Telesat) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Telesat Corp (NAS:TSAT) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

ZE2:Germany TSAT:Canada

Address

160 Elgin Street, Ottawa, ON, CAN, K2P 2P7

Website

https://www.telesat.com

Telesat Corp is a global satellite operator, providing its customers with mission-critical communications services. The company's segment includes Broadcast; Enterprise and Consulting and other. The Broadcast segment includes Direct-to-home television, video distribution and contribution, and occasional use services. The enterprise segment includes telecommunication carriers and integrators, government, consumer broadband, resource, maritime and aeronautical, retail and satellite operator services. Consulting and other segments include Consulting services related to space and earth segments, government studies, satellite control services, and research and development. Geographically, it derives a majority of its revenue from Canada.

Executives

Mario J Gabelli	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Gamco Investors, Inc. Et Al	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Ggcp, Inc.	10 percent owner	189 MASON STREET, GREENWICH CT 06830
Associated Capital Group, Inc.	10 percent owner	191 MASON STREET, GREENWICH CT 06830