HIGAW (H.I.G. Acquisition) Tax Rate %: 0.00% (As of Jun. 2022)

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HIGAW H.I.G. Acquisition Corp HIGAW
22 GF Score
Price $0.00
! 1 Warning Sign
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What is H.I.G. Acquisition Tax Rate %?

H.I.G. Acquisition HIGAW 22 Tax Rate % is 0.00% as of Jun. 2022. GuruFocus rates HIGAW with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. H.I.G. Acquisition's Tax Expense for the three months ended in Jun. 2022 was $0.00 Mil. H.I.G. Acquisition's Pre-Tax Income for the three months ended in Jun. 2022 was $4.48 Mil. Therefore, H.I.G. Acquisition's Tax Rate % for the quarter that ended in Jun. 2022 was 0.00%.

H.I.G. Acquisition Tax Rate % Related Terms

H.I.G. Acquisition Tax Rate % Historical Data

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The historical data trend for H.I.G. Acquisition'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.

H.I.G. Acquisition Tax Rate % Chart

H.I.G. Acquisition Annual Data
Trend Dec20 Dec21
Tax Rate %
0.00 0.00

H.I.G. Acquisition Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Tax Rate % Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
HIGAW
22GF Score
H.I.G. Acquisition Corp HIGAW
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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H.I.G. Acquisition Tax Rate % Calculation

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

H.I.G. Acquisition's Tax Rate % for the fiscal year that ended in Dec. 2021 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2021 )/Pre-Tax Income (A: Dec. 2021 )
=0/8.311
=0.00 %

H.I.G. Acquisition's Tax Rate % for the quarter that ended in Jun. 2022 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2022 )/Pre-Tax Income (Q: Jun. 2022 )
=0/4.475
=0.00 %

* 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?
H.I.G. Acquisition (HIGAW) has a Tax Rate % of 0.00% as of Jun. 2022.
Is H.I.G. Acquisition's Tax Rate % too high?
H.I.G. Acquisition's current Tax Rate % is 0.00%. Overall, H.I.G. Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does H.I.G. Acquisition's Tax Rate % compare to LEAP and RNER?
H.I.G. Acquisition's Tax Rate % of 0.00% can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Tax Rate % depends on the Diversified Financial Services 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. H.I.G. Acquisition'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 H.I.G. Acquisition stock overvalued right now?
H.I.G. Acquisition (HIGAW) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. H.I.G. Acquisition's overall GF Score™ is 22/100 with 1 warning sign to review. 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 H.I.G. Acquisition (HIGAW), the current Tax Rate % is 0.00% as of Jun. 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.

H.I.G. Acquisition Business Description

Address 1450 Brickell Avenue, 31st Floor, Miami, FL, USA, 33131
H.I.G. Acquisition Corp is a blank check company.
22GF 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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