Avventura Resources (FRA:25G) Tax Rate %: 0.00% (As of Jun. 2024)

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What is Avventura Resources Tax Rate %?

Avventura Resources FRA:25G Tax Rate % is 0.00% as of Jun. 2024.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Avventura Resources's Tax Expense for the three months ended in Jun. 2024 was €0.00 Mil. Avventura Resources's Pre-Tax Income for the three months ended in Jun. 2024 was €-0.03 Mil. Therefore, Avventura Resources's Tax Rate % for the quarter that ended in Jun. 2024 was 0.00%.

Avventura Resources Tax Rate % Related Terms

Avventura Resources Tax Rate % Historical Data

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The historical data trend for Avventura Resources'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.

Avventura Resources Tax Rate % Chart

Avventura Resources Annual Data
Trend Dec22
Tax Rate %
0.00

Avventura Resources Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Avventura Resources Tax Rate % Calculation

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

Avventura Resources's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=0/0
= %

Avventura Resources'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/-0.031
=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?
Avventura Resources (FRA:25G) has a Tax Rate % of 0.00% as of Jun. 2024.
Is Avventura Resources' Tax Rate % too high?
Avventura Resources' current Tax Rate % is 0.00%.
How does Avventura Resources' Tax Rate % compare to ?
Avventura Resources' Tax Rate % of 0.00% can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Tax Rate % depends on the Metals & Mining 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. Avventura Resources'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 Avventura Resources stock overvalued right now?
Avventura Resources (FRA:25G) 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 Avventura Resources (FRA:25G), the current Tax Rate % is 0.00% as of Jun. 2024. 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.

Avventura Resources Business Description

Comparable Companies
Address 9285-203B Street, Langley, BC, CAN, V1M 2L9
Avventura Resources Ltd is engaged in the acquisition and exploration of mineral properties. The Company currently has the option to acquire a one hundred percent (100%) undivided interest in the Horwood Property. The Horwood Property is comprised of two hundred and ninety-six mining claim cells, arranged into forty-five Multicell Claims which form two non-contiguous blocks, covering a total area of 68.36 km2 after accommodating for overlaps with private patented claims located in Horwood and Silk Townships in the Sudbury District of Ontario, approximately 90 kilometers southwest of Timmins in a straight line. Its exploration program will be principally focused on gold exploration.