Vecima Networks (TSX:VCM) Tax Rate % : 25.79% (As of Dec. 2023)

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What is Vecima Networks Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Vecima Networks's Tax Expense for the three months ended in Dec. 2023 was C$1.2 Mil. Vecima Networks's Pre-Tax Income for the three months ended in Dec. 2023 was C$4.8 Mil. Therefore, Vecima Networks's Tax Rate % for the quarter that ended in Dec. 2023 was 25.79%.

Vecima Networks Tax Rate % Historical Data

The historical data trend for Vecima Networks'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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Vecima Networks Tax Rate % Chart

Vecima Networks Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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40.98

13.52

46.37

21.35

19.01

Vecima Networks 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															18.89	20.49	12.63	-24.20	25.79

Vecima Networks Tax Rate % Calculation

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

Vecima Networks's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2023 )	/	Pre-Tax Income (A: Jun. 2023 )
	=	6.389	/	33.601
	=	19.01 %

Vecima Networks'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 )
	=	1.247	/	4.836
	=	25.79 %

Vecima Networks Tax Rate % Related Terms

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Vecima Networks (TSX:VCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vecima Networks Inc (TSX:VCM) » Definitions » Tax Rate %

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VNWTF:USA

Address

771 Vanalman Avenue, Victoria, BC, CAN, V8Z 3B8

Website

https://www.vecima.com

Vecima Networks Inc focuses on developing integrated hardware and scalable software solutions for broadband access, content delivery, and telematics. The company enables innovators to advance, connect, entertain, and analyze. It operates in three segments namely Video and Broadband Solutions, Content Delivery & Storage, and Telematics. The Video and Broadband Solutions segment design, develop, and distributes electronic communications products to cable and telecommunications markets. The Content Delivery and Storage segment develop advanced applications focused on storing, protecting, and transforming and delivering visual media. Its geographical segment includes the United States, Canada, Europe, Japan, and others, of which the majority of the revenue comes from the United States.

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