Armada Mercantile (Armada Mercantile) Tax Rate % : 0.00% (As of Nov. 2023)

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What is Armada Mercantile Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Armada Mercantile's Tax Expense for the three months ended in Nov. 2023 was $0.00 Mil. Armada Mercantile's Pre-Tax Income for the three months ended in Nov. 2023 was $0.02 Mil. Therefore, Armada Mercantile's Tax Rate % for the quarter that ended in Nov. 2023 was 0.00%.

Armada Mercantile Tax Rate % Historical Data

The historical data trend for Armada Mercantile'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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Armada Mercantile Tax Rate % Chart

Armada Mercantile Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Tax Rate %

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26.32

9.55

Armada Mercantile Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Tax Rate %	Get a 7-Day Free Trial															-	-	-	-	-

Armada Mercantile Tax Rate % Calculation

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

Armada Mercantile's Tax Rate % for the fiscal year that ended in Feb. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Feb. 2023 )	/	Pre-Tax Income (A: Feb. 2023 )
	=	0.019	/	0.199
	=	9.55 %

Armada Mercantile's Tax Rate % for the quarter that ended in Nov. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Nov. 2023 )	/	Pre-Tax Income (Q: Nov. 2023 )
	=	0	/	0.023
	=	0.00 %

Armada Mercantile Tax Rate % Related Terms

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Armada Mercantile (Armada Mercantile) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Armada Mercantile Ltd (OTCPK:AAMTF) » Definitions » Tax Rate %

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Traded in Other Exchanges

ARM:Canada

Address

1616 West 3rd Avenue, Suite 100, Vancouver, BC, CAN, V6J 1K2

Website

https://www.armadamercantile.com

Armada Mercantile Ltd is engaged in the business of investing in new and existing businesses and organizations. The company is a financial services company that focuses on merchant banking through its wholly-owned subsidiary Armada Group USA, Inc. The company, through its investment in Oxygen Funding, Inc. which offers commercial finance services to companies; internationally, including account receivables "factoring", supply chain, equipment leasing, merchant cash advance and purchase order and other types of specialized finance.

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