CHOOF (Choom Holdings) Tax Rate %: 10.45% (As of Dec. 2021)

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What is Choom Holdings Tax Rate %?

Choom Holdings CHOOF -90.00% Tax Rate % is 10.45% as of Dec. 2021.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Choom Holdings's Tax Expense for the three months ended in Dec. 2021 was $-0.54 Mil. Choom Holdings's Pre-Tax Income for the three months ended in Dec. 2021 was $-5.15 Mil. Therefore, Choom Holdings's Tax Rate % for the quarter that ended in Dec. 2021 was 10.45%.

Choom Holdings Tax Rate % Related Terms

Choom Holdings Tax Rate % Historical Data

* Premium members only.

The historical data trend for Choom Holdings'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.

Choom Holdings Tax Rate % Chart

Choom Holdings Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 15.91 0.83 -0.42

Choom Holdings Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 -2.33 -0.03 -12.27 10.45

Choom Holdings Tax Rate % Calculation

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

Choom Holdings's Tax Rate % for the fiscal year that ended in Jun. 2021 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2021 )/Pre-Tax Income (A: Jun. 2021 )
=0.07/-16.472
=-0.42 %

Choom Holdings's Tax Rate % for the quarter that ended in Dec. 2021 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2021 )/Pre-Tax Income (Q: Dec. 2021 )
=-0.538/-5.148
=10.45 %

* 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 10.45% mean?
Choom Holdings (CHOOF) has a Tax Rate % of 10.45% as of Dec. 2021.
Is Choom Holdings' Tax Rate % too high?
Choom Holdings' current Tax Rate % is 10.45%.
How does Choom Holdings' Tax Rate % compare to KAYS and PHCG?
Choom Holdings' Tax Rate % of 10.45% can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Tax Rate % depends on the Drug Manufacturers 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. Choom Holdings's current Tax Rate % is 10.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choom Holdings stock overvalued right now?
Choom Holdings (CHOOF) has a current Tax Rate % of 10.45%. The current Tax Rate % is 10.45%. 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 Choom Holdings (CHOOF), the current Tax Rate % is 10.45% as of Dec. 2021. 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.

Choom Holdings Business Description

Address 191 W. 2nd Avenue, Vancouver, BC, CAN, V5Y 1B8
Choom Holdings Inc is a retail cannabis company that has established an extensive store network across Canada. Choom is focused on delivering an elevated customer experience through high-quality service. The Choom brand is inspired by Hawaii's Choom Gang.