GWIIW (Good Works II Acquisition) Tax Rate %: 47.21% (As of Sep. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GWIIW Good Works II Acquisition Corp GWIIW
22 GF Score
Price $0.00
! 1 Warning Sign
View Full Analysis

What is Good Works II Acquisition Tax Rate %?

Good Works II Acquisition GWIIW 22 Tax Rate % is 47.21% as of Sep. 2022. GuruFocus rates GWIIW 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. Good Works II Acquisition's Tax Expense for the three months ended in Sep. 2022 was $0.22 Mil. Good Works II Acquisition's Pre-Tax Income for the three months ended in Sep. 2022 was $0.47 Mil. Therefore, Good Works II Acquisition's Tax Rate % for the quarter that ended in Sep. 2022 was 47.21%.

Good Works II Acquisition Tax Rate % Related Terms

Good Works II Acquisition Tax Rate % Historical Data

* Premium members only.

The historical data trend for Good Works 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.

Good Works II Acquisition Tax Rate % Chart

Good Works II Acquisition Annual Data
Trend Dec20 Dec21
Tax Rate %
0.00 0.00

Good Works II Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Tax Rate % Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 47.21
GWIIW
22GF Score
Good Works II Acquisition Corp GWIIW
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Good Works II Acquisition Tax Rate % Calculation

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

Good Works II Acquisition'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/-0.502
=0.00 %

Good Works II Acquisition'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 )
=0.22/0.466
=47.21 %

* 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 47.21% mean?
Good Works II Acquisition (GWIIW) has a Tax Rate % of 47.21% as of Sep. 2022.
Is Good Works II Acquisition's Tax Rate % too high?
Good Works II Acquisition's current Tax Rate % is 47.21%. Overall, Good Works II Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Good Works II Acquisition's Tax Rate % compare to AHPA and SBII?
Good Works II Acquisition's Tax Rate % of 47.21% 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. Good Works II Acquisition's current Tax Rate % is 47.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Works II Acquisition stock overvalued right now?
Good Works II Acquisition (GWIIW) has a current Tax Rate % of 47.21%. The current Tax Rate % is 47.21%. Good Works II Acquisition'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 Good Works II Acquisition (GWIIW), the current Tax Rate % is 47.21% 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.

Good Works II Acquisition Business Description

Address 4265 San Felipe, Suite 603, Houston, TX, USA, 77027
Good Works II Acquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities.
22GF Score

Get the complete analysis for GWIIW

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

$0.00
Price