GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » GX Acquisition Corp (NAS:GXGXW) » Definitions » Tax Rate %

GX Acquisition (GX Acquisition) Tax Rate % : -0.12% (As of Mar. 2021)


View and export this data going back to 2019. Start your Free Trial

What is GX Acquisition Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. GX Acquisition's Tax Expense for the six months ended in Mar. 2021 was $-0.04 Mil. GX Acquisition's Pre-Tax Income for the six months ended in Mar. 2021 was $37.99 Mil. Therefore, GX Acquisition's Tax Rate % for the quarter that ended in Mar. 2021 was -0.12%.


GX Acquisition Tax Rate % Historical Data

The historical data trend for GX 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.

* Premium members only.

GX Acquisition Tax Rate % Chart

GX Acquisition Annual Data
Trend Dec18 Dec19 Dec20
Tax Rate %
- 10.20 -0.39

GX Acquisition Semi-Annual Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Tax Rate % Get a 7-Day Free Trial Premium Member Only 4.11 20.88 21.28 0.07 -0.12

GX Acquisition Tax Rate % Calculation

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

GX Acquisition's Tax Rate % for the fiscal year that ended in Dec. 2020 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2020 )/Pre-Tax Income (A: Dec. 2020 )
=0.192/-49.069
=-0.39 %

GX Acquisition's Tax Rate % for the quarter that ended in Mar. 2021 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2021 )/Pre-Tax Income (Q: Mar. 2021 )
=-0.044/37.985
=-0.12 %

* 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.


GX Acquisition Tax Rate % Related Terms

Thank you for viewing the detailed overview of GX Acquisition's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


GX Acquisition (GX Acquisition) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1325 Avenue of the Americas, 25th Floor, New York, NY, USA, 10019
Website
GX Acquisition Corp is blank check company.