CBGI (Cannabusiness Group) Tax Rate %: -0.49% (As of Dec. 2007)


What is Cannabusiness Group Tax Rate %?

Cannabusiness Group CBGI -90.00% Tax Rate % is -0.49% as of Dec. 2007.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cannabusiness Group's Tax Expense for the six months ended in Dec. 2007 was $0.01 Mil. Cannabusiness Group's Pre-Tax Income for the six months ended in Dec. 2007 was $-1.02 Mil. Therefore, Cannabusiness Group's Tax Rate % for the quarter that ended in Dec. 2007 was -0.49%.

Cannabusiness Group Tax Rate % Related Terms

Cannabusiness Group Tax Rate % Historical Data

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The historical data trend for Cannabusiness Group'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.

Cannabusiness Group Tax Rate % Chart

Cannabusiness Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -3.32 -1.09 -0.49

Cannabusiness Group Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -3.32 -1.09 -0.49

Cannabusiness Group Tax Rate % Calculation

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

Cannabusiness Group's Tax Rate % for the fiscal year that ended in Dec. 2007 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2007 )/Pre-Tax Income (A: Dec. 2007 )
=0.005/-1.015
=-0.49 %

Cannabusiness Group's Tax Rate % for the quarter that ended in Dec. 2007 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2007 )/Pre-Tax Income (Q: Dec. 2007 )
=0.005/-1.015
=-0.49 %

* 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 -0.49% mean?
Cannabusiness Group (CBGI) has a Tax Rate % of -0.49% as of Dec. 2007.
Is Cannabusiness Group's Tax Rate % too high?
Cannabusiness Group's current Tax Rate % is -0.49%.
How does Cannabusiness Group's Tax Rate % compare to BIEI and BKIT?
Cannabusiness Group's Tax Rate % of -0.49% can be compared against companies in the Real Estate 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 Real Estate company?
A good Tax Rate % depends on the Real Estate 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. Cannabusiness Group's current Tax Rate % is -0.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cannabusiness Group stock overvalued right now?
Cannabusiness Group (CBGI) has a current Tax Rate % of -0.49%. The current Tax Rate % is -0.49%. 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 Cannabusiness Group (CBGI), the current Tax Rate % is -0.49% as of Dec. 2007. 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.

Cannabusiness Group Business Description

Address 905 Cotting Lane, Suite 160, Vacaville, CA, USA, 95688
Cannabusiness Group Inc is engaged in real estate acquisition, leasing, and management firms whose primary focus is on zoning issues. The company acquires commercial property or land, and lease out the facilities for Agricultural, Industrial, Commercial, and Retail.