GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortune Bay Corp (OTCPK:FTBYF) » Definitions » Tax Rate %

Fortune Bay (Fortune Bay) Tax Rate % : 5.96% (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Fortune Bay Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Fortune Bay's Tax Expense for the three months ended in Mar. 2024 was $-0.01 Mil. Fortune Bay's Pre-Tax Income for the three months ended in Mar. 2024 was $-0.22 Mil. Therefore, Fortune Bay's Tax Rate % for the quarter that ended in Mar. 2024 was 5.96%.


Fortune Bay Tax Rate % Historical Data

The historical data trend for Fortune Bay'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.

* Premium members only.

Fortune Bay Tax Rate % Chart

Fortune Bay Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only -18.58 -3.54 3.77 12.41 -3.20

Fortune Bay 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 -24.28 5.04 0.73 5.45 5.96

Fortune Bay Tax Rate % Calculation

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

Fortune Bay'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 )
=0.032/-1.001
=-3.20 %

Fortune Bay'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 )
=-0.013/-0.218
=5.96 %

* 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.


Fortune Bay Tax Rate % Related Terms

Thank you for viewing the detailed overview of Fortune Bay's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fortune Bay (Fortune Bay) Business Description

Traded in Other Exchanges
Address
1969 Upper Water Street, Suite 2001, Purdy's Wharf, Tower II, Halifax, NS, CAN, B3J 3R7
Fortune Bay Corp is engaged in the acquisition, exploration, and development of mineral interests. The company's properties include the Goldfields Project; Murmac Uranium Project; Ixhuatan Project and Strike Uranium Project.

Fortune Bay (Fortune Bay) Headlines

No Headlines