Sotherly Hotels (FRA:MCL) Tax Rate % : -2.46% (As of Dec. 2023)

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What is Sotherly Hotels Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sotherly Hotels's Tax Expense for the three months ended in Dec. 2023 was €0.0 Mil. Sotherly Hotels's Pre-Tax Income for the three months ended in Dec. 2023 was €-0.7 Mil. Therefore, Sotherly Hotels's Tax Rate % for the quarter that ended in Dec. 2023 was -2.46%.

Sotherly Hotels Tax Rate % Historical Data

The historical data trend for Sotherly Hotels'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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Sotherly Hotels Tax Rate % Chart

Sotherly Hotels Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-26.89

-10.91

-0.10

1.51

-8.71

Sotherly Hotels 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															1.07	0.33	14.64	-2.46	1.38

Sotherly Hotels Tax Rate % Calculation

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

Sotherly Hotels'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 )
	=	-0.28	/	3.214
	=	-8.71 %

Sotherly Hotels's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	0.017	/	-0.69
	=	-2.46 %

Sotherly Hotels Tax Rate % Related Terms

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Sotherly Hotels (FRA:MCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sotherly Hotels Inc (FRA:MCL) » Definitions » Tax Rate %

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Address

306 South Henry Street, Suite 100, Williamsburg, VA, USA, 23185

Website

https://www.sotherlyhotels.com

Sotherly Hotels Inc is engaged in Hotel operations. The company is a self-managed and self-administered lodging real estate investment trust that was formed to own, acquire, renovate, and reposition full-service, upscale, and upper-upscale hotel properties located in primary markets in the mid-Atlantic and southern United States. It generates revenue through the rooms, food, beverage, and other services. Geographically, the group has its presence in the regions of Florida, Georgia, Indiana, Maryland, North Carolina, Pennsylvania, Texas, and Virginia.

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