ELMSQ (Electric Last Mile Solutions) Tax Rate %: 0.00% (As of Sep. 2021)

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What is Electric Last Mile Solutions Tax Rate %?

Electric Last Mile Solutions ELMSQ +7.69% Tax Rate % is 0.00% as of Sep. 2021.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Electric Last Mile Solutions's Tax Expense for the three months ended in Sep. 2021 was $0.00 Mil. Electric Last Mile Solutions's Pre-Tax Income for the three months ended in Sep. 2021 was $-17.78 Mil. Therefore, Electric Last Mile Solutions's Tax Rate % for the quarter that ended in Sep. 2021 was 0.00%.

Electric Last Mile Solutions Tax Rate % Related Terms

Electric Last Mile Solutions Tax Rate % Historical Data

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The historical data trend for Electric Last Mile Solutions'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.

Electric Last Mile Solutions Tax Rate % Chart

Electric Last Mile Solutions Annual Data
Trend
Tax Rate %

Electric Last Mile Solutions Quarterly Data
Jun21 Sep21
Tax Rate % 0.00 0.00

Electric Last Mile Solutions Tax Rate % Calculation

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

Electric Last Mile Solutions's Tax Rate % for the fiscal year that ended in . 20 is calculated as

Tax Rate %=Tax Expense (A: . 20 )/Pre-Tax Income (A: . 20 )
=/
= %

Electric Last Mile Solutions's Tax Rate % for the quarter that ended in Sep. 2021 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2021 )/Pre-Tax Income (Q: Sep. 2021 )
=0/-17.779
=0.00 %

* 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 0.00% mean?
Electric Last Mile Solutions (ELMSQ) has a Tax Rate % of 0.00% as of Sep. 2021.
Is Electric Last Mile Solutions' Tax Rate % too high?
Electric Last Mile Solutions' current Tax Rate % is 0.00%.
How does Electric Last Mile Solutions' Tax Rate % compare to EVTV and AYRO?
Electric Last Mile Solutions' Tax Rate % of 0.00% can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Tax Rate % depends on the Vehicles & Parts 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. Electric Last Mile Solutions's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electric Last Mile Solutions stock overvalued right now?
Electric Last Mile Solutions (ELMSQ) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. 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 Electric Last Mile Solutions (ELMSQ), the current Tax Rate % is 0.00% as of Sep. 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.

Electric Last Mile Solutions Business Description

Address 1055 West Square Lake Road, Troy, MI, USA, 48098
Electric Last Mile Solutions Inc is focused on redefining the last mile with efficient, connected, and customizable solutions. Its first vehicle, the Urban Delivery, is anticipated to be the first Class 1 commercial electric vehicle in the U.S. market.