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EOFBF (Ecofibre) Tax Rate % : 0.38% (As of Jun. 2024)


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What is Ecofibre Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ecofibre's Tax Expense for the six months ended in Jun. 2024 was $0.00 Mil. Ecofibre's Pre-Tax Income for the six months ended in Jun. 2024 was $1.04 Mil. Therefore, Ecofibre's Tax Rate % for the quarter that ended in Jun. 2024 was 0.38%.

Ecofibre Tax Rate % Historical Data

The historical data trend for Ecofibre'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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Ecofibre Tax Rate % Chart

Ecofibre Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Tax Rate %
Get a 7-Day Free Trial 23.74 30.44 32.55 -33.46 0.80

Ecofibre Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.35 29.41 -349.55 0.71 0.38

Ecofibre Tax Rate % Calculation

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

Ecofibre's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2024 )/Pre-Tax Income (A: Jun. 2024 )
=-0.208/-26.114
=0.80 %

Ecofibre'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 )
=0.004/1.044
=0.38 %

* 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.

Ecofibre Tax Rate % Related Terms

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Ecofibre Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ecofibre Ltd (OTCPK:EOFBF) » Definitions » Tax Rate %
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Traded in Other Exchanges
EOF:Australia
Address
680 George Street, Level 12, Sydney, NSW, AUS, 2000
Website
https://www.ecofibre.com
Ecofibre Ltd is a provider of hemp products in the United States and Australia. It is engaged in six segments based on differences in products and services provided: Ecofibre Advanced Technologies, Ananda Health, Ecofibre Genetics, Corporate, EOF Bio and Ananda Food. It derives maximum revenue from Ecofibre Advanced Technologies segment. Ecofibre Advanced Technologies involves Advanced manufacturing business with specialist capabilities in performance yarn extrusion, polymer compounding and textiles manufactured in the United States.