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CYFRF (Sol Strategies) Tax Rate % : 26.48% (As of Dec. 2024)


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What is Sol Strategies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sol Strategies's Tax Expense for the three months ended in Dec. 2024 was $0.82 Mil. Sol Strategies's Pre-Tax Income for the three months ended in Dec. 2024 was $3.08 Mil. Therefore, Sol Strategies's Tax Rate % for the quarter that ended in Dec. 2024 was 26.48%.

Sol Strategies Tax Rate % Historical Data

The historical data trend for Sol Strategies'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.

* Premium members only.

Sol Strategies Tax Rate % Chart

Sol Strategies Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.32 50.24 54.88 0.43 19.33

Sol Strategies 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 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 - - - - 26.48

Sol Strategies Tax Rate % Calculation

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

Sol Strategies's Tax Rate % for the fiscal year that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (A: Sep. 2024 )/Pre-Tax Income (A: Sep. 2024 )
=1.169/6.048
=19.33 %

Sol Strategies'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 )
=0.816/3.081
=26.48 %

* 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.

Sol Strategies Tax Rate % Related Terms

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Sol Strategies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sol Strategies Inc (OTCPK:CYFRF) » Definitions » Tax Rate %
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Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Website
https://www.solstrategies.io
Sol Strategies Inc is engaged in investing in blockchain technologies and crypto currencies. Company executes its Investment Objective through three lines of effort: Treasury management: Maintaining a core portfolio of cryptocurrencies for long-term growth, enhanced with risk management strategies to minimize volatility, and generating yield through lending, staking, and liquidity provisioning; Private equity focused on early stage companies in the DeFi and blockchain sectors; and Active investments to generate yield through strategic activities, including Bitcoin mining and stalking and validating Solana.