CubicFarm Systems (FRA:7CU) Tax Rate %: 0.00% (As of Sep. 2024)

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FRA:7CU CubicFarm Systems Corp FRA:7CU
10 GF Score
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What is CubicFarm Systems Tax Rate %?

CubicFarm Systems FRA:7CU 10 Tax Rate % is 0.00% as of Sep. 2024. GuruFocus rates FRA:7CU with a GF Score™ of 10/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CubicFarm Systems's Tax Expense for the three months ended in Sep. 2024 was €0.00 Mil. CubicFarm Systems's Pre-Tax Income for the three months ended in Sep. 2024 was €-1.70 Mil. Therefore, CubicFarm Systems's Tax Rate % for the quarter that ended in Sep. 2024 was 0.00%.

CubicFarm Systems Tax Rate % Related Terms

CubicFarm Systems Tax Rate % Historical Data

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The historical data trend for CubicFarm Systems'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.

CubicFarm Systems Tax Rate % Chart

CubicFarm Systems Annual Data
Trend Jun18 Jun19 Jun20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 0.00 2.29 -0.01 1.30 0.00

CubicFarm Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.00 0.00 0.00 0.00 0.00
FRA:7CU
10GF Score
CubicFarm Systems Corp FRA:7CU
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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CubicFarm Systems Tax Rate % Calculation

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

CubicFarm Systems'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/-11.245
=0.00 %

CubicFarm Systems's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=0/-1.702
=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?
CubicFarm Systems (FRA:7CU) has a Tax Rate % of 0.00% as of Sep. 2024.
Is CubicFarm Systems' Tax Rate % too high?
CubicFarm Systems' current Tax Rate % is 0.00%. Overall, CubicFarm Systems has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does CubicFarm Systems' Tax Rate % compare to LEVGQ and NKLAQ?
CubicFarm Systems' Tax Rate % of 0.00% can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Tax Rate % depends on the Farm & Heavy Construction Machinery 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. CubicFarm Systems'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 CubicFarm Systems stock overvalued right now?
CubicFarm Systems (FRA:7CU) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. CubicFarm Systems' overall GF Score™ is 10/100. 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 CubicFarm Systems (FRA:7CU), the current Tax Rate % is 0.00% as of Sep. 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.

CubicFarm Systems Business Description

Address 7170 Glover Road, Langley, BC, CAN, V2Y 2R1
CubicFarm Systems Corp is an ag-tech company providing automated growing systems for fresh produce and animal feed using HydroGreen Nutrition Technology. It offers turnkey, commercial scale, hydroponic, localized food supply solutions and automated controlled-environment growing systems that can grow predictably and sustainably anywhere on earth. The company enables its customers to grow locally and provide their markets with safe, sustainable, secure, and fresh ingredients that are consistent in color, size, taste, and nutrition, allowing for longer shelf life. The Company has patented technology for auto harvesting and processing methods for growing leafy greens and other crops onsite, indoors, all year round.
10GF Score

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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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