GGMCW (Glenfarne Merger) Tax Rate %: 11.12% (As of Sep. 2022)

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GGMCW Glenfarne Merger Corp GGMCW
22 GF Score
Price $0.01
! 1 Warning Sign
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What is Glenfarne Merger Tax Rate %?

Glenfarne Merger GGMCW 22 Tax Rate % is 11.12% as of Sep. 2022. GuruFocus rates GGMCW with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Glenfarne Merger's Tax Expense for the three months ended in Sep. 2022 was $0.18 Mil. Glenfarne Merger's Pre-Tax Income for the three months ended in Sep. 2022 was $1.64 Mil. Therefore, Glenfarne Merger's Tax Rate % for the quarter that ended in Sep. 2022 was 11.12%.

Glenfarne Merger Tax Rate % Related Terms

Glenfarne Merger Tax Rate % Historical Data

* Premium members only.

The historical data trend for Glenfarne Merger'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.

Glenfarne Merger Tax Rate % Chart

Glenfarne Merger Annual Data
Trend Dec20 Dec21
Tax Rate %
0.00 0.00

Glenfarne Merger Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Tax Rate % Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 -0.85 11.12
GGMCW
22GF Score
Glenfarne Merger Corp GGMCW
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Glenfarne Merger Tax Rate % Calculation

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

Glenfarne Merger's Tax Rate % for the fiscal year that ended in Dec. 2021 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2021 )/Pre-Tax Income (A: Dec. 2021 )
=0/6.219
=0.00 %

Glenfarne Merger's Tax Rate % for the quarter that ended in Sep. 2022 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2022 )/Pre-Tax Income (Q: Sep. 2022 )
=0.182/1.636
=11.12 %

* 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 11.12% mean?
Glenfarne Merger (GGMCW) has a Tax Rate % of 11.12% as of Sep. 2022.
Is Glenfarne Merger's Tax Rate % too high?
Glenfarne Merger's current Tax Rate % is 11.12%. Overall, Glenfarne Merger has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Glenfarne Merger's Tax Rate % compare to AURC and KCGI?
Glenfarne Merger's Tax Rate % of 11.12% can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Tax Rate % depends on the Diversified Financial Services 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. Glenfarne Merger's current Tax Rate % is 11.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glenfarne Merger stock overvalued right now?
Glenfarne Merger (GGMCW) has a current Tax Rate % of 11.12%. The current Tax Rate % is 11.12%. Glenfarne Merger's overall GF Score™ is 22/100 with 1 warning sign to review. 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 Glenfarne Merger (GGMCW), the current Tax Rate % is 11.12% as of Sep. 2022. 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.

Glenfarne Merger Business Description

Address 292 Madison Avenue, 19th Floor, New York, NY, USA, 10017
Glenfarne Merger Corp is a blank check company.
22GF Score

Get the complete analysis for GGMCW

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

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