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Cascades (TSX:CAS) Tax Rate % : 7.02% (As of Dec. 2023)


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What is Cascades Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cascades's Tax Expense for the three months ended in Dec. 2023 was C$-4 Mil. Cascades's Pre-Tax Income for the three months ended in Dec. 2023 was C$-57 Mil. Therefore, Cascades's Tax Rate % for the quarter that ended in Dec. 2023 was 7.02%.

Cascades Tax Rate % Historical Data

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

Cascades 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 15.97 12.44 -23.68 61.11 19.70

Cascades 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 44.44 26.37 25.00 13.04 7.02

Cascades Tax Rate % Calculation

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

Cascades'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 )
=-13/-66
=19.70 %

Cascades'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/-57
=7.02 %

* 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.

Cascades Tax Rate % Related Terms

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Cascades (TSX:CAS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Cascades Inc (TSX:CAS) » Definitions » Tax Rate %
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Traded in Other Exchanges
CADNF:USA CS6:Germany
Address
404, Rue Marie-Victorin Boulevard, C.P. 30, Kingsey Falls, QC, CAN, J0A 1B0
Website
https://www.cascades.com
Cascades Inc, along with its subsidiaries, produces, converts and markets packaging and tissue products composed mainly of recycled fibres. The company is organized into three main business segments: Containerboard, Specialty Products (which constitutes packaging products), and Tissue Papers. The business activity of the company functions in Canada, the United States, Italy, and other countries. Its customer base includes food processing companies, the maintenance industry, accommodations, and housing industry, micro-businesses, and boutiques.