Eqonex (HAM:616A) Tax Rate %: 0.80% (As of Mar. 2022)

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HAM:616A Eqonex Ltd HAM:616A
14 GF Score
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What is Eqonex Tax Rate %?

Eqonex HAM:616A 14 Tax Rate % is 0.80% as of Mar. 2022. GuruFocus rates HAM:616A with a GF Score™ of 14/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Eqonex's Tax Expense for the six months ended in Mar. 2022 was €-0.32 Mil. Eqonex's Pre-Tax Income for the six months ended in Mar. 2022 was €-39.78 Mil. Therefore, Eqonex's Tax Rate % for the quarter that ended in Mar. 2022 was 0.80%.

Eqonex Tax Rate % Related Terms

Eqonex Tax Rate % Historical Data

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The historical data trend for Eqonex'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.

Eqonex Tax Rate % Chart

Eqonex Annual Data
Trend Mar19 Mar20 Mar21 Mar22
Tax Rate %
0.00 0.00 0.36 0.46

Eqonex Semi-Annual Data
Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22
Tax Rate % Get a 7-Day Free Trial 0.00 0.00 2.41 0.00 0.80
HAM:616A
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Eqonex Ltd HAM:616A
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Eqonex Tax Rate % Calculation

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

Eqonex's Tax Rate % for the fiscal year that ended in Mar. 2022 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2022 )/Pre-Tax Income (A: Mar. 2022 )
=-0.317/-69.161
=0.46 %

Eqonex's Tax Rate % for the quarter that ended in Mar. 2022 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2022 )/Pre-Tax Income (Q: Mar. 2022 )
=-0.317/-39.779
=0.80 %

* 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 0.80% mean?
Eqonex (HAM:616A) has a Tax Rate % of 0.80% as of Mar. 2022.
Is Eqonex's Tax Rate % too high?
Eqonex's current Tax Rate % is 0.80%. Overall, Eqonex has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Eqonex's Tax Rate % compare to SIEB and LGHL?
Eqonex's Tax Rate % of 0.80% can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Tax Rate % depends on the Capital Markets 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. Eqonex's current Tax Rate % is 0.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eqonex stock overvalued right now?
Eqonex (HAM:616A) has a current Tax Rate % of 0.80%. The current Tax Rate % is 0.80%. Eqonex's overall GF Score™ is 14/100. 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 Eqonex (HAM:616A), the current Tax Rate % is 0.80% as of Mar. 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.

Eqonex Business Description

Address Three Pacific Place, 1 Queen’s Road East, Suites 1206-1209, Level 12, Hong Kong, HKG
Eqonex Ltd is a technology driven digital assets financial services group that provides institutional grade infrastructure and a full suite of trading, custody and asset management solutions to clients. The group's digital assets ecosystem has been designed to accommodate the needs of institutions and individuals with the same degree of regulatory oversight and security that are accustomed to in traditional financial markets. EQONEX's ecosystem encompasses EQONEX Exchange, a digital asset exchange; Digivault, a FCA accredited hot and cold digital assets custodian and Bletchley Park Asset Management, a fund of crypto-hedge funds.
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Get the complete analysis for HAM:616A

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

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