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FTII (FutureTech II Acquisition) Tax Rate % : -2,150.00% (As of Jun. 2024)


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What is FutureTech II Acquisition Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. FutureTech II Acquisition's Tax Expense for the three months ended in Jun. 2024 was $0.04 Mil. FutureTech II Acquisition's Pre-Tax Income for the three months ended in Jun. 2024 was $-0.00 Mil. Therefore, FutureTech II Acquisition's Tax Rate % for the quarter that ended in Jun. 2024 was -2,150.00%.

FutureTech II Acquisition Tax Rate % Historical Data

The historical data trend for FutureTech II Acquisition'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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FutureTech II Acquisition Tax Rate % Chart

FutureTech II Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
- 30.69 25.16

FutureTech II Acquisition Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.89 26.80 23.48 42.67 -2,150.00

FutureTech II Acquisition Tax Rate % Calculation

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

FutureTech II Acquisition'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 )
=0.979/3.891
=25.16 %

FutureTech II Acquisition'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 )
=0.043/-0.002
=-2,150.00 %

* 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.

FutureTech II Acquisition Tax Rate % Related Terms

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FutureTech II Acquisition Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FutureTech II Acquisition Corp (NAS:FTII) » Definitions » Tax Rate %
Comparable Companies
FNVT NCAC DIST GAMC MARX HSPO TENK ATMV CNGL LATG PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
128 Gail Drive, New Rochelle, NY, USA, 10805
Website
FutureTech II Acquisition Corp is a blank check company.
Executives
Ray Lei Chen director, officer: Chief Executive Officer & CFO FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, NO.272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Futuretech Partners Ii Llc 10 percent owner 128 GAIL DRIVE, NEW ROCHELLE NY 10805
Jonathan F Mckeage director C/O INFOTECH USA INC, 7 KINGSBRIDGE ROAD, FAIRFIELD NJ 07004
Neil Bush director 1675 BROADWAY, SUITE 2200, DENVER CO 80202
Aroop Zutshi director 128 GAIL DRIVE, NEW ROCHELLE NY 10805
Yuquan Wang director, 10 percent owner, officer: Chief Executive Officer 128 GAIL DRIVE, NEW ROCHELLE NY 10805
Jeffrey Alan Moseley director 1036 LIBERTY PARK DRIVE #22, AUSTIN TX 78746
Michael William Greenall director, officer: Chief Financial Officer 42 JALAN SRI HARTAMAS 17, TAMAN SRI HARTAMAS, KUALA LUMPUR N8 50480