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ECDA (ECD Automotive Design) Tax Rate % : 1.07% (As of Jun. 2024)


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What is ECD Automotive Design Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ECD Automotive Design's Tax Expense for the three months ended in Jun. 2024 was $-0.01 Mil. ECD Automotive Design's Pre-Tax Income for the three months ended in Jun. 2024 was $-0.94 Mil. Therefore, ECD Automotive Design's Tax Rate % for the quarter that ended in Jun. 2024 was 1.07%.

ECD Automotive Design Tax Rate % Historical Data

The historical data trend for ECD Automotive Design'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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ECD Automotive Design Tax Rate % Chart

ECD Automotive Design Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
- - 41.55

ECD Automotive Design Quarterly Data
Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -52.26 1.07

ECD Automotive Design Tax Rate % Calculation

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

ECD Automotive Design's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=-0.838/-2.017
=41.55 %

ECD Automotive Design's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=-0.01/-0.936
=1.07 %

* 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.

ECD Automotive Design Tax Rate % Related Terms

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ECD Automotive Design Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ECD Automotive Design Inc (NAS:ECDA) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
4930 Industrial Lane, Unit 107, Kissimmee, FL, USA, 34758
Website
https://www.ecdautodesign.com
ECD Automotive Design Inc is a custom-car builder in the Restomod sector with a focus on British classic motor vehicles of various models of both two-door and four-door styles. The company has established a facility geared towards producing the most customized Land Rovers with the highest quality of parts and the highest quality labor force building each vehicle. ECD restores Land Rovers Defenders, Land Rover Series IIA, the Range Rover Classic and the Jaguar E-Type. It upgrade any engine, including Chevrolet V8's, Land Rover V8's, Cummins diesel engines and new electric drivetrains, performing all the necessary body work, drivetrain selection and installation, every stitch in the interior, paint work, up to placement of the last nut and bolt.