Pason Systems (TSX:PSI) Tax Rate % : 45.58% (As of Dec. 2023)

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What is Pason Systems Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Pason Systems's Tax Expense for the three months ended in Dec. 2023 was C$6.7 Mil. Pason Systems's Pre-Tax Income for the three months ended in Dec. 2023 was C$14.7 Mil. Therefore, Pason Systems's Tax Rate % for the quarter that ended in Dec. 2023 was 45.58%.

Pason Systems Tax Rate % Historical Data

The historical data trend for Pason Systems'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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Pason Systems Tax Rate % Chart

Pason Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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27.29

48.65

26.88

24.01

26.38

Pason Systems 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															20.72	25.87	24.05	21.17	45.58

Pason Systems Tax Rate % Calculation

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

Pason Systems'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 )
	=	34.346	/	130.173
	=	26.38 %

Pason Systems'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 )
	=	6.71	/	14.722
	=	45.58 %

Pason Systems Tax Rate % Related Terms

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Pason Systems (TSX:PSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pason Systems Inc (TSX:PSI) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

PSYTF:USA 3PS:Germany

Address

6130 Third Street SE, Calgary, AB, CAN, T2H 1K4

Website

https://www.pason.com

Pason Systems Inc is an oilfield specialist with fully integrated drilling data solutions. A host of products allow customers to collect, manage, report, and analyze drilling data for performance optimization and cost control. The electronic drilling recorder is the company's primary product, and provides a complete system of drilling data acquisition, data networking, drilling management tools, and reports at both the wellsite and customer office. Other product offerings include wellbore detection solutions, wellsite communications and bandwidth, wellbore gas analyzers, and software for data management. The company operates in three geographic segments: Canada, the United States, and International (Latin America, Offshore, the Eastern Hemisphere, and the Middle East).