ARSLF (Altima Energy) Tax Rate %: 0.00% (As of Nov. 2024)


ARSLF Altima Energy Inc ARSLF
13 GF Score
Price $0.10
View Full Analysis

What is Altima Energy Tax Rate %?

Altima Energy ARSLF 13 Tax Rate % is 0.00% as of Nov. 2024. GuruFocus rates ARSLF with a GF Score™ of 13/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Altima Energy's Tax Expense for the three months ended in Nov. 2024 was $0.00 Mil. Altima Energy's Pre-Tax Income for the three months ended in Nov. 2024 was $-0.70 Mil. Therefore, Altima Energy's Tax Rate % for the quarter that ended in Nov. 2024 was 0.00%.

Altima Energy Tax Rate % Related Terms

Altima Energy Tax Rate % Historical Data

* Premium members only.

The historical data trend for Altima Energy'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.

Altima Energy Tax Rate % Chart

Altima Energy Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Feb22 Feb23 Feb24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Altima Energy Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 0.00 0.00 0.00 0.00 0.00
ARSLF
13GF Score
Altima Energy Inc ARSLF
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Altima Energy Tax Rate % Calculation

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

Altima Energy's Tax Rate % for the fiscal year that ended in Feb. 2024 is calculated as

Tax Rate %=Tax Expense (A: Feb. 2024 )/Pre-Tax Income (A: Feb. 2024 )
=0/-1.515
=0.00 %

Altima Energy's Tax Rate % for the quarter that ended in Nov. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Nov. 2024 )/Pre-Tax Income (Q: Nov. 2024 )
=0/-0.703
=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?
Altima Energy (ARSLF) has a Tax Rate % of 0.00% as of Nov. 2024.
Is Altima Energy's Tax Rate % too high?
Altima Energy's current Tax Rate % is 0.00%. Overall, Altima Energy has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Altima Energy's Tax Rate % compare to COP and EOG?
Altima Energy's Tax Rate % of 0.00% can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Tax Rate % depends on the Oil & Gas 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. Altima Energy'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 Altima Energy stock overvalued right now?
Altima Energy (ARSLF) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. Altima Energy's overall GF Score™ is 13/100. 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 Altima Energy (ARSLF), the current Tax Rate % is 0.00% as of Nov. 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.

Altima Energy Business Description

Industry EnergyOil & Gas
Address 595 Howe Street, Suite 303, Vancouver, BC, CAN, V6C 2T5
Altima Energy Inc is a junior energy company engaged in the exploring and developing oil and natural gas assets in Western Canada. It is exploration in regions such as the Deep Basin of West Central Alberta and Rainbow Lake in Northwestern Alberta.
13GF Score

Get the complete analysis for ARSLF

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

$0.10
Price