Hemp (HEMP) Tax Rate %: 0.00% (As of . 20)

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.

What is Hemp Tax Rate %?

Hemp HEMP -98.00% Tax Rate % is 0.00% as of . 20.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hemp's Tax Expense for the three months ended in . 20 was $0.00 Mil. Hemp's Pre-Tax Income for the three months ended in . 20 was $0.00 Mil. Therefore, Hemp's Tax Rate % for the quarter that ended in . 20 was 0.00%.

Hemp Tax Rate % Related Terms

Hemp Tax Rate % Historical Data

* Premium members only.

The historical data trend for Hemp'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.

Hemp Tax Rate % Chart

Hemp Annual Data
Trend
Tax Rate %

Hemp Quarterly Data
Tax Rate %

Hemp Tax Rate % Calculation

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

Hemp's Tax Rate % for the fiscal year that ended in . 20 is calculated as

Tax Rate %=Tax Expense (A: . 20 )/Pre-Tax Income (A: . 20 )
=/
= %

Hemp's Tax Rate % for the quarter that ended in . 20 is calculated as

Tax Rate %=Tax Expense (Q: . 20 )/Pre-Tax Income (Q: . 20 )
=/
= %

* 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?
Hemp (HEMP) has a Tax Rate % of 0.00% as of . 20.
Is Hemp's Tax Rate % too high?
Hemp's current Tax Rate % is 0.00%.
How does Hemp's Tax Rate % compare to competitors?
Hemp's Tax Rate % of 0.00% can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Tax Rate % depends on the Drug Manufacturers 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. Hemp'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 Hemp stock overvalued right now?
Hemp (HEMP) 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 Hemp (HEMP), the current Tax Rate % is 0.00% as of . 20. 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.

Hemp Business Description

Address 7380 S. EASTERN AVE., No. 124-342, Las Vegas, NV, USA, 89123
Hemp Inc is engaged in offering industrial hemp and the myriad of clean, green sustainable products that industrial hemp offers to the world. Hemp products are eco-friendly, healthy, and can often replace petroleum-based products. Its product line includes Bubba Kush hemp, Pre-rolls, Fortified Pre-rolls, Caviar/Moon Rocks, and Diamonds. It produces lost circulation material (LCM), called DrillWall, which can be sold to the oil and gas drilling industry, along with an all-green natural oil spill absorbent, a second industrial kenaf-hemp product called Spill-Be-Gone.