Afrika Gold AG (HAM:GOG) Tax Rate %: -0.23% (As of Jun. 2024)

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HAM:GOG Afrika Gold AG HAM:GOG
36 GF Score
Price €0.11
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What is Afrika Gold AG Tax Rate %?

Afrika Gold AG HAM:GOG 36 Tax Rate % is -0.23% as of Jun. 2024. GuruFocus rates HAM:GOG with a GF Score™ of 36/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Afrika Gold AG's Tax Expense for the six months ended in Jun. 2024 was €0.00 Mil. Afrika Gold AG's Pre-Tax Income for the six months ended in Jun. 2024 was €-0.44 Mil. Therefore, Afrika Gold AG's Tax Rate % for the quarter that ended in Jun. 2024 was -0.23%.

Afrika Gold AG Tax Rate % Related Terms

Afrika Gold AG Tax Rate % Historical Data

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The historical data trend for Afrika Gold AG'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.

Afrika Gold AG Tax Rate % Chart

Afrika Gold AG Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Tax Rate %
Get a 7-Day Free Trial -1.73 -4.57 1.49 -5.88 -0.23

Afrika Gold AG Semi-Annual Data
Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Tax Rate % Get a 7-Day Free Trial -1.73 -4.57 1.49 -5.88 -0.23
HAM:GOG
36GF Score
Afrika Gold AG HAM:GOG
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Afrika Gold AG Tax Rate % Calculation

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

Afrika Gold AG's Tax Rate % for the fiscal year that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2024 )/Pre-Tax Income (A: Jun. 2024 )
=0.001/-0.436
=-0.23 %

Afrika Gold AG'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 )
=0.001/-0.436
=-0.23 %

* 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 -0.23% mean?
Afrika Gold AG (HAM:GOG) has a Tax Rate % of -0.23% as of Jun. 2024.
Is Afrika Gold AG's Tax Rate % too high?
Afrika Gold AG's current Tax Rate % is -0.23%. Overall, Afrika Gold AG has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Afrika Gold AG's Tax Rate % compare to competitors?
Afrika Gold AG's Tax Rate % of -0.23% can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Tax Rate % depends on the Metals & Mining 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. Afrika Gold AG's current Tax Rate % is -0.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afrika Gold AG stock overvalued right now?
Afrika Gold AG (HAM:GOG) has a current Tax Rate % of -0.23%. The current Tax Rate % is -0.23%. Afrika Gold AG's overall GF Score™ is 36/100. 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 Afrika Gold AG (HAM:GOG), the current Tax Rate % is -0.23% 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.

Afrika Gold AG Business Description

Address Chaltenbodenstrasse 26, Schindellegi, CHE, 8834
Afrika Gold AG is a gold exploration and mining company.
36GF Score

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

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