ABVEF (Above Food Ingredients) Tax Rate %: 0.00% (As of Jul. 2024)

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ABVEF Above Food Ingredients Inc ABVEF
16 GF Score
Price $0.09
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What is Above Food Ingredients Tax Rate %?

Above Food Ingredients ABVEF -0.06% 16 Tax Rate % is 0.00% as of Jul. 2024. GuruFocus rates ABVEF with a GF Score™ of 16/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Above Food Ingredients's Tax Expense for the six months ended in Jul. 2024 was $0.0 Mil. Above Food Ingredients's Pre-Tax Income for the six months ended in Jul. 2024 was $-26.1 Mil. Therefore, Above Food Ingredients's Tax Rate % for the quarter that ended in Jul. 2024 was 0.00%.

Above Food Ingredients Tax Rate % Related Terms

Above Food Ingredients Tax Rate % Historical Data

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The historical data trend for Above Food Ingredients'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.

Above Food Ingredients Tax Rate % Chart

Above Food Ingredients Annual Data
Trend Jan22 Jan23 Jan24
Tax Rate %
1.61 0.21 0.00

Above Food Ingredients Semi-Annual Data
Jan22 Jan23 Jul23 Jan24 Jul24
Tax Rate % 0.00 0.00 0.00 0.00 0.00
ABVEF
16GF Score
Above Food Ingredients Inc ABVEF
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Above Food Ingredients Tax Rate % Calculation

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

Above Food Ingredients's Tax Rate % for the fiscal year that ended in Jan. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jan. 2024 )/Pre-Tax Income (A: Jan. 2024 )
=0/-36.895
=0.00 %

Above Food Ingredients's Tax Rate % for the quarter that ended in Jul. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jul. 2024 )/Pre-Tax Income (Q: Jul. 2024 )
=0/-26.101
=0.00 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.00% mean?
Above Food Ingredients (ABVEF) has a Tax Rate % of 0.00% as of Jul. 2024.
Is Above Food Ingredients' Tax Rate % too high?
Above Food Ingredients' current Tax Rate % is 0.00%. Overall, Above Food Ingredients has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Above Food Ingredients' Tax Rate % compare to CTGL and NATR?
Above Food Ingredients' Tax Rate % of 0.00% can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Consumer Packaged Goods company?
A good Tax Rate % depends on the Consumer Packaged Goods industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Above Food Ingredients's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Above Food Ingredients stock overvalued right now?
Above Food Ingredients (ABVEF) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. Above Food Ingredients' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Above Food Ingredients (ABVEF), the current Tax Rate % is 0.00% as of Jul. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Above Food Ingredients Business Description

Address 2305 Victoria Avenue, Saskatchewan, Regina, SK, CAN, S4P0S7
Above Food Ingredients Inc is a differentiated, regenerative ingredient company. Its products are made with real nutritious, flavorful ingredients and delivered with transparency. Its vision is to create a healthier world one seed, one field, and one bite at a time. With a robust chain of custody of plant proteins, enabled by scaled operations and infrastructure in primary agriculture and processing, and proprietary seed development capabilities that leverage the power of artificial intelligence driven genomics. The company delivers nutritious foods to businesses and consumers with traceability and sustainability. Above Food's consumer products and brands are available in grocers across Canada and the United States.
16GF Score

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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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