BNNRW (Banner Acquisition) Tax Rate %: 34.55% (As of Dec. 2022)

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BNNRW Banner Acquisition Corp BNNRW
22 GF Score
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What is Banner Acquisition Tax Rate %?

Banner Acquisition BNNRW 22 Tax Rate % is 34.55% as of Dec. 2022. GuruFocus rates BNNRW with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Banner Acquisition's Tax Expense for the three months ended in Dec. 2022 was $0.34 Mil. Banner Acquisition's Pre-Tax Income for the three months ended in Dec. 2022 was $0.99 Mil. Therefore, Banner Acquisition's Tax Rate % for the quarter that ended in Dec. 2022 was 34.55%.

Banner Acquisition Tax Rate % Related Terms

Banner Acquisition Tax Rate % Historical Data

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The historical data trend for Banner Acquisition'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.

Banner Acquisition Tax Rate % Chart

Banner Acquisition Annual Data
Trend Dec21 Dec22
Tax Rate %
0.00 141.79

Banner Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Tax Rate % Get a 7-Day Free Trial 0.00 0.00 -9.45 73.94 34.55
BNNRW
22GF Score
Banner Acquisition Corp BNNRW
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Banner Acquisition Tax Rate % Calculation

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

Banner Acquisition's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=0.492/0.347
=141.79 %

Banner Acquisition's Tax Rate % for the quarter that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2022 )/Pre-Tax Income (Q: Dec. 2022 )
=0.341/0.987
=34.55 %

* 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 34.55% mean?
Banner Acquisition (BNNRW) has a Tax Rate % of 34.55% as of Dec. 2022.
Is Banner Acquisition's Tax Rate % too high?
Banner Acquisition's current Tax Rate % is 34.55%. Overall, Banner Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Banner Acquisition's Tax Rate % compare to ROSE and NHIC?
Banner Acquisition's Tax Rate % of 34.55% can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Tax Rate % depends on the Diversified Financial Services 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. Banner Acquisition's current Tax Rate % is 34.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banner Acquisition stock overvalued right now?
Banner Acquisition (BNNRW) has a current Tax Rate % of 34.55%. The current Tax Rate % is 34.55%. Banner Acquisition's overall GF Score™ is 22/100 with 1 warning sign to review. 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 Banner Acquisition (BNNRW), the current Tax Rate % is 34.55% as of Dec. 2022. 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.

Banner Acquisition Business Description

Address 300 S 1350 E, 2nd Floor, Lehi, UT, USA, 84043
Banner Acquisition Corp is a blank check company.
22GF 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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