GRVE (Groove Botanicals) Tax Rate % : 0.00% (As of Dec. 2024)

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What is Groove Botanicals Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Groove Botanicals's Tax Expense for the three months ended in Dec. 2024 was $0.00 Mil. Groove Botanicals's Pre-Tax Income for the three months ended in Dec. 2024 was $-0.03 Mil. Therefore, Groove Botanicals's Tax Rate % for the quarter that ended in Dec. 2024 was 0.00%.

Groove Botanicals Tax Rate % Historical Data

The historical data trend for Groove Botanicals'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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Groove Botanicals Tax Rate % Chart

Groove Botanicals Annual Data

Trend

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Tax Rate %

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Groove Botanicals Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															-	-	-	-	-

Groove Botanicals Tax Rate % Calculation

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

Groove Botanicals's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2024 )	/	Pre-Tax Income (A: Mar. 2024 )
	=	0	/	-0.202
	=	0.00 %

Groove Botanicals's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	0	/	-0.033
	=	0.00 %

Groove Botanicals Tax Rate % Related Terms

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Groove Botanicals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Groove Botanicals Inc (OTCPK:GRVE) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

310 Fourth Avenue South, Suite 7000, Minneapolis, MN, USA, 55415

Website

http://www.avalonoilinc.com

Groove Botanicals Inc is Nevada Based corporation which engage its business development and asset acquisitions. The company also plan plan to assemble a portfolio of early-stage EV Battery Technologies developed from Universities in Norway, Sweden and Finland, and seek grants from the State of Minnesota.and the company previously engaged in oil and gas Production.

Executives

Utek Corp

10 percent owner

2109 PALM AVENUE, TAMPA FL 33605

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