GRAM (Gold Flora) Tax Rate %: -13.63% (As of Sep. 2024)


What is Gold Flora Tax Rate %?

Gold Flora GRAM -90.00% Tax Rate % is -13.63% as of Sep. 2024.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Gold Flora's Tax Expense for the three months ended in Sep. 2024 was $2.3 Mil. Gold Flora's Pre-Tax Income for the three months ended in Sep. 2024 was $-16.6 Mil. Therefore, Gold Flora's Tax Rate % for the quarter that ended in Sep. 2024 was -13.63%.

Gold Flora Tax Rate % Related Terms

Gold Flora Tax Rate % Historical Data

* Premium members only.

The historical data trend for Gold Flora'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.

Gold Flora Tax Rate % Chart

Gold Flora Annual Data
Trend Dec22 Dec23
Tax Rate %
-32.36 -31.17

Gold Flora Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only 22.87 -4.50 -7.76 -3.17 -13.63

Gold Flora Tax Rate % Calculation

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

Gold Flora'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 )
=10.138/-32.522
=-31.17 %

Gold Flora'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 )
=2.265/-16.621
=-13.63 %

* 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 -13.63% mean?
Gold Flora (GRAM) has a Tax Rate % of -13.63% as of Sep. 2024.
Is Gold Flora's Tax Rate % too high?
Gold Flora's current Tax Rate % is -13.63%.
How does Gold Flora's Tax Rate % compare to PM and MO?
Gold Flora's Tax Rate % of -13.63% can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Tax Rate % depends on the Tobacco Products 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. Gold Flora's current Tax Rate % is -13.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Flora stock overvalued right now?
Gold Flora (GRAM) has a current Tax Rate % of -13.63%. The current Tax Rate % is -13.63%. 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 Gold Flora (GRAM), the current Tax Rate % is -13.63% 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.

Gold Flora Business Description

Address 3165 Red Hill Avenue, Costa Mesa, CA, USA, 92626
Gold Flora Corp is one of the few cannabis brands that is vertically integrated and woman-owned and operated. Gold Flora started with a mission to provide an easy and consistent way for consumers to enjoy cannabis. After years of hard work and a shared passion for the plant, Gold Flora has become a California powerhouse - with cultivation, manufacturing, extraction, distribution, retail, and a portfolio of brands that create an array of superior products that make a difference in people's lives. Its products include disposable vape pens and gold flora flowers.