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Forge Innovation Development (Forge Innovation Development) Tax Rate % : 0.00% (As of Mar. 2024)


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What is Forge Innovation Development Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Forge Innovation Development's Tax Expense for the three months ended in Mar. 2024 was $0.00 Mil. Forge Innovation Development's Pre-Tax Income for the three months ended in Mar. 2024 was $-0.68 Mil. Therefore, Forge Innovation Development's Tax Rate % for the quarter that ended in Mar. 2024 was 0.00%.

Forge Innovation Development Tax Rate % Historical Data

The historical data trend for Forge Innovation Development'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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Forge Innovation Development Tax Rate % Chart

Forge Innovation Development Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial -0.35 -0.31 -0.77 -6.25 -

Forge Innovation Development 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 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 - - - - -

Forge Innovation Development Tax Rate % Calculation

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

Forge Innovation Development'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/-1.25
=0.00 %

Forge Innovation Development'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/-0.68
=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.

Forge Innovation Development Tax Rate % Related Terms

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Forge Innovation Development (Forge Innovation Development) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Forge Innovation Development Corp (OTCPK:FGNV) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
6280 Mission Boulevard, Unit 205, Jurupa Valley, CA, USA, 92509
Website
https://www.forgecorpusa.com
Forge Innovation Development Corp is a real estate development company. The company is engaged in commercial and residential land development, including purchase and sale of real estate, targeting properties in Southern California. Its primary business is to acquire land and develop and sell fully constructed homes and commercial property such as stores, offices, and private schools, among others to non-affiliated third parties. It also intends to invest its funds in income-yielding properties.

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