Elemental Altus Royalties (Elemental Altus Royalties) Tax Rate % : -44.28% (As of Mar. 2024)

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What is Elemental Altus Royalties Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Elemental Altus Royalties's Tax Expense for the three months ended in Mar. 2024 was $0.30 Mil. Elemental Altus Royalties's Pre-Tax Income for the three months ended in Mar. 2024 was $-0.68 Mil. Therefore, Elemental Altus Royalties's Tax Rate % for the quarter that ended in Mar. 2024 was -44.28%.

Elemental Altus Royalties Tax Rate % Historical Data

The historical data trend for Elemental Altus Royalties'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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Elemental Altus Royalties Tax Rate % Chart

Elemental Altus Royalties Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

111.87

-99.77

-40.53

0.66

-73.87

Elemental Altus Royalties Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															-21.49	-21.69	-15.03	17.07	-44.28

Elemental Altus Royalties Tax Rate % Calculation

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

Elemental Altus Royalties'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 )
	=	1.292	/	-1.749
	=	-73.87 %

Elemental Altus Royalties's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	0.302	/	-0.682
	=	-44.28 %

Elemental Altus Royalties Tax Rate % Related Terms

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Elemental Altus Royalties (Elemental Altus Royalties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Elemental Altus Royalties Corp (OTCPK:ELEMF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

T8S:Germany ELE:Canada

Address

800 West Pender Street, Suite 1020, Vancouver, BC, CAN, V6C 2V6

Website

https://www.elementalaltus.com

Elemental Altus Royalties Corp is a mining royalty company. Its asset portfolio includes Wahgnion, Kwale, MT Pleasant, Panton Sill, and Amancaya among others.

Elemental Altus Royalties (Elemental Altus Royalties) Headlines

From GuruFocus

Elemental Royalties Corp Announces Recommended All-Share Merger of Equals

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