Heritage Cannabis Holding (Heritage Cannabis Holding) Tax Rate % : 8.23% (As of Oct. 2023)

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What is Heritage Cannabis Holding Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Heritage Cannabis Holding's Tax Expense for the three months ended in Oct. 2023 was $-0.91 Mil. Heritage Cannabis Holding's Pre-Tax Income for the three months ended in Oct. 2023 was $-11.10 Mil. Therefore, Heritage Cannabis Holding's Tax Rate % for the quarter that ended in Oct. 2023 was 8.23%.

Heritage Cannabis Holding Tax Rate % Historical Data

The historical data trend for Heritage Cannabis Holding'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.

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Heritage Cannabis Holding Tax Rate % Chart

Heritage Cannabis Holding Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Tax Rate %

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11.48

12.36

4.99

9.94

5.76

Heritage Cannabis Holding Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Tax Rate %	Get a 7-Day Free Trial															4.09	-2.32	4.13	-3.95	8.23

Heritage Cannabis Holding Tax Rate % Calculation

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

Heritage Cannabis Holding's Tax Rate % for the fiscal year that ended in Oct. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Oct. 2023 )	/	Pre-Tax Income (A: Oct. 2023 )
	=	-0.895	/	-15.55
	=	5.76 %

Heritage Cannabis Holding's Tax Rate % for the quarter that ended in Oct. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Oct. 2023 )	/	Pre-Tax Income (Q: Oct. 2023 )
	=	-0.913	/	-11.1
	=	8.23 %

Heritage Cannabis Holding Tax Rate % Related Terms

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Heritage Cannabis Holding (Heritage Cannabis Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Heritage Cannabis Holding Corp (OTCPK:HERTF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Bloor Street West, Suite 600, Toronto, ON, CAN, M5S 1M2

Website

https://www.heritagecann.com

Heritage Cannabis Holding Corp is a Canada based holding company, operating in the vertically integrated cannabis business. It cultivates, sells, and distributes medical cannabis and marijuana. The group derives revenue from the sale of goods and provision of services.