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CMND (Clearmind Medicine) Tax Rate % : -2.10% (As of Jul. 2024)


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What is Clearmind Medicine Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Clearmind Medicine's Tax Expense for the three months ended in Jul. 2024 was $0.04 Mil. Clearmind Medicine's Pre-Tax Income for the three months ended in Jul. 2024 was $-2.05 Mil. Therefore, Clearmind Medicine's Tax Rate % for the quarter that ended in Jul. 2024 was -2.10%.

Clearmind Medicine Tax Rate % Historical Data

The historical data trend for Clearmind Medicine'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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Clearmind Medicine Tax Rate % Chart

Clearmind Medicine Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Tax Rate %
Get a 7-Day Free Trial - - - -0.44 -0.21

Clearmind Medicine Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 1.20 -0.42 -17.32 -4.25 -2.10

Clearmind Medicine Tax Rate % Calculation

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

Clearmind Medicine's Tax Rate % for the fiscal year that ended in Oct. 2023 is calculated as

Tax Rate %=Tax Expense (A: Oct. 2023 )/Pre-Tax Income (A: Oct. 2023 )
=0.013/-6.221
=-0.21 %

Clearmind Medicine's Tax Rate % for the quarter that ended in Jul. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jul. 2024 )/Pre-Tax Income (Q: Jul. 2024 )
=0.043/-2.051
=-2.10 %

* 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.

Clearmind Medicine Tax Rate % Related Terms

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Clearmind Medicine Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Clearmind Medicine Inc (NAS:CMND) » Definitions » Tax Rate %
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Traded in Other Exchanges
CWY0:Germany
Address
101-1220 West 6th Avenue, Vancouver, BC, CAN, V6H 1A5
Website
https://www.clearmindmedicine.com
Clearmind Medicine Inc is a psychedelic pharmaceutical biotech company focused on the discovery and development of novel psychedelic-derived therapeutics to solve widespread and underserved health problems, including alcohol use disorder. Its primary objective is to research and develop psychedelic-based compounds and attempt to commercialize them as regulated medicines, foods, or supplements. The company's intellectual portfolio currently consists of four patent families. The company intends to seek additional patents for its compounds whenever warranted and will remain opportunistic regarding the acquisition of additional intellectual property to build its portfolio.