GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Imaflex Inc (OTCPK:IFLXF) » Definitions » Tax Rate %

IFLXF (Imaflex) Tax Rate % : 1.37% (As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Imaflex Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Imaflex's Tax Expense for the three months ended in Sep. 2024 was $0.02 Mil. Imaflex's Pre-Tax Income for the three months ended in Sep. 2024 was $1.10 Mil. Therefore, Imaflex's Tax Rate % for the quarter that ended in Sep. 2024 was 1.37%.

Imaflex Tax Rate % Historical Data

The historical data trend for Imaflex'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.

* Premium members only.

Imaflex Tax Rate % Chart

Imaflex Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.65 22.68 14.63 17.34 37.46

Imaflex 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.33 0.13 14.74 16.05 1.37

Imaflex Tax Rate % Calculation

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

Imaflex'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 )
=0.227/0.606
=37.46 %

Imaflex'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 )
=0.015/1.098
=1.37 %

* 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.

Imaflex Tax Rate % Related Terms

Thank you for viewing the detailed overview of Imaflex's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Imaflex Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Imaflex Inc (OTCPK:IFLXF) » Definitions » Tax Rate %
Comparable Companies
TSX:SXP TSXV:NEXE TSXV:PRH TSXV:GDNP.H TSX:RPI.UN SW PKG IP BALL AVY AMCR CCK LSE:SMDS TSX:CCL.A GPK BERY XSWX:SIGN SLGN REYN SZSE:002812
Traded in Other Exchanges
IFX:Canada
Address
5710, Rue Notre-Dame Ouest, Montreal, QC, CAN, H4C 1V2
Website
https://www.imaflex.com
Imaflex Inc is focused on the manufacture and sale of products for the flexible packaging industry, including polyethylene film and bags, as well as the metallization of plastic film for the agriculture and packaging industries. It manufactures and sells industrial bags using recycled material, including garbage bags, compostable bags, gaylord bags and bags on rolls. Geographically, it operates in Canada, United States and Other countries.

Imaflex Headlines

From GuruFocus

Imaflex Inc at SNN Network Canada Virtual Event Transcript

By GuruFocus Research • 02-13-2024