GSTC (GlobeStar Therapeutics) Tax Rate %: 0.00% (As of Jun. 2024)


What is GlobeStar Therapeutics Tax Rate %?

GlobeStar Therapeutics GSTC -99.00% Tax Rate % is 0.00% as of Jun. 2024.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. GlobeStar Therapeutics's Tax Expense for the three months ended in Jun. 2024 was $0.00 Mil. GlobeStar Therapeutics's Pre-Tax Income for the three months ended in Jun. 2024 was $-0.20 Mil. Therefore, GlobeStar Therapeutics's Tax Rate % for the quarter that ended in Jun. 2024 was 0.00%.

GlobeStar Therapeutics Tax Rate % Related Terms

GlobeStar Therapeutics Tax Rate % Historical Data

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The historical data trend for GlobeStar Therapeutics'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.

GlobeStar Therapeutics Tax Rate % Chart

GlobeStar Therapeutics Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

GlobeStar Therapeutics Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

GlobeStar Therapeutics Tax Rate % Calculation

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

GlobeStar Therapeutics's Tax Rate % for the fiscal year that ended in Sep. 2023 is calculated as

Tax Rate %=Tax Expense (A: Sep. 2023 )/Pre-Tax Income (A: Sep. 2023 )
=0/-1.949
=0.00 %

GlobeStar Therapeutics'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/-0.198
=0.00 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.00% mean?
GlobeStar Therapeutics (GSTC) has a Tax Rate % of 0.00% as of Jun. 2024.
Is GlobeStar Therapeutics' Tax Rate % too high?
GlobeStar Therapeutics' current Tax Rate % is 0.00%.
How does GlobeStar Therapeutics' Tax Rate % compare to GBLX and ENDV?
GlobeStar Therapeutics' Tax Rate % of 0.00% can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Tax Rate % depends on the Biotechnology 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. GlobeStar Therapeutics's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GlobeStar Therapeutics stock overvalued right now?
GlobeStar Therapeutics (GSTC) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. 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 GlobeStar Therapeutics (GSTC), the current Tax Rate % is 0.00% as of Jun. 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.

GlobeStar Therapeutics Business Description

Address 719 Jadewin Avenue, Richland, WA, USA, 99352
GlobeStar Therapeutics Corp is a clinical-stage pharmaceutical company introducing a patented formulation of previously approved drugs for the treatment of Multiple Sclerosis. The company is focused on developing therapies for people with serious and life-threatening rare disorders.