HGHAF (High Arctic Energy Services) Tax Rate % : 1.08% (As of Sep. 2024)

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What is High Arctic Energy Services Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. High Arctic Energy Services's Tax Expense for the three months ended in Sep. 2024 was $0.00 Mil. High Arctic Energy Services's Pre-Tax Income for the three months ended in Sep. 2024 was $0.09 Mil. Therefore, High Arctic Energy Services's Tax Rate % for the quarter that ended in Sep. 2024 was 1.08%.

High Arctic Energy Services Tax Rate % Historical Data

The historical data trend for High Arctic Energy Services'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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High Arctic Energy Services Tax Rate % Chart

High Arctic Energy Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-39.67

0.78

6.57

-32.63

21.03

High Arctic Energy Services Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															0.27	22.75	10.10	-0.48	1.08

High Arctic Energy Services Tax Rate % Calculation

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

High Arctic Energy Services's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	-2.548	/	-12.115
	=	21.03 %

High Arctic Energy Services's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	0.001	/	0.093
	=	1.08 %

High Arctic Energy Services Tax Rate % Related Terms

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High Arctic Energy Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » High Arctic Energy Services Inc (OTCPK:HGHAF) » Definitions » Tax Rate %

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HWO:Canada

Address

330 - 5th Avenue SW, Suite 2350, Calgary, AB, CAN, T2P 0L4

Website

https://www.haes.ca

High Arctic Energy Services Inc is engaged in providing contract drilling, well servicing, completion services, equipment rentals, and other oilfield services to the oil and natural gas industry in Papua New Guinea and Canada. The operating segments of the company are the Drilling Services segment which consists of drilling services; the Production Services segment which consists of well servicing and snubbing services; the Ancillary Services segment which provides rental equipment, nitrogen transport services, and engineering consulting to various companies within the oil and gas sector and Corporate segment. The Production Services segment generates the company's revenue.