CETEF (ACT Energy Technologies) Tax Rate % : -30.24% (As of Dec. 2024)

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What is ACT Energy Technologies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ACT Energy Technologies's Tax Expense for the three months ended in Dec. 2024 was $-2.4 Mil. ACT Energy Technologies's Pre-Tax Income for the three months ended in Dec. 2024 was $8.0 Mil. Therefore, ACT Energy Technologies's Tax Rate % for the quarter that ended in Dec. 2024 was -30.24%.

ACT Energy Technologies Tax Rate % Historical Data

The historical data trend for ACT Energy Technologies'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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ACT Energy Technologies Tax Rate % Chart

ACT Energy Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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-9.11

20.09

47.35

-21.13

ACT Energy Technologies Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															76.07	12.57	17.93	-56.58	-30.24

ACT Energy Technologies Tax Rate % Calculation

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

ACT Energy Technologies's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	-7.091	/	33.554
	=	-21.13 %

ACT Energy Technologies's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	-2.427	/	8.026
	=	-30.24 %

ACT Energy Technologies Tax Rate % Related Terms

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ACT Energy Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ACT Energy Technologies Ltd (OTCPK:CETEF) » Definitions » Tax Rate %

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ACX:Canada

Address

6030 - 3rd Street S.E., Calgary, AB, CAN, T2H 1K2

Website

https://www.actenergy.com

ACT Energy Technologies Ltd is a Canadian-based company that is involved and engaged in the business of providing directional drilling services to oil and natural gas companies in western Canada and the United States.