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Athabasca Oil (TSX:ATH) Tax Rate % : 50.71% (As of Dec. 2023)


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What is Athabasca Oil Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Athabasca Oil's Tax Expense for the three months ended in Dec. 2023 was C$28 Mil. Athabasca Oil's Pre-Tax Income for the three months ended in Dec. 2023 was C$56 Mil. Therefore, Athabasca Oil's Tax Rate % for the quarter that ended in Dec. 2023 was 50.71%.

Athabasca Oil Tax Rate % Historical Data

The historical data trend for Athabasca Oil'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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Athabasca Oil Tax Rate % Chart

Athabasca Oil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -259.96 -37.93

Athabasca Oil 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -541.19 15.14 17.83 17.24 50.71

Athabasca Oil Tax Rate % Calculation

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

Athabasca Oil'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 )
=14.086/-37.134
=-37.93 %

Athabasca Oil'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 )
=28.301/55.807
=50.71 %

* 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.

Athabasca Oil Tax Rate % Related Terms

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Athabasca Oil (TSX:ATH) Business Description

Industry
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Address
215 - 9th Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 1K3
Website
https://www.atha.com
Athabasca Oil Corp is an energy company. It is focused on the exploration, development, and production of light oil and liquids-rich natural gas. The company organizes its business under two operational segments, Light Oil and Thermal Oil. It generates maximum revenue from the Thermal Oil segment. Thermal Oil includes the exploration, development, and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta.