INQR (InnovaQor) Tax Rate %: 0.00% (As of Sep. 2023)

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What is InnovaQor Tax Rate %?

InnovaQor INQR -99.80% Tax Rate % is 0.00% as of Sep. 2023.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. InnovaQor's Tax Expense for the three months ended in Sep. 2023 was $0.00 Mil. InnovaQor's Pre-Tax Income for the three months ended in Sep. 2023 was $-0.34 Mil. Therefore, InnovaQor's Tax Rate % for the quarter that ended in Sep. 2023 was 0.00%.

InnovaQor Tax Rate % Related Terms

InnovaQor Tax Rate % Historical Data

* Premium members only.

The historical data trend for InnovaQor'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.

InnovaQor Tax Rate % Chart

InnovaQor Annual Data
Trend Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Dec21 Dec22
Tax Rate %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

InnovaQor Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.00 0.00 0.00 0.00 0.00

InnovaQor Tax Rate % Calculation

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

InnovaQor's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=0/-1.614
=0.00 %

InnovaQor's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2023 )/Pre-Tax Income (Q: Sep. 2023 )
=0/-0.339
=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?
InnovaQor (INQR) has a Tax Rate % of 0.00% as of Sep. 2023.
Is InnovaQor's Tax Rate % too high?
InnovaQor's current Tax Rate % is 0.00%.
How does InnovaQor's Tax Rate % compare to CBDS and MITI?
InnovaQor's Tax Rate % of 0.00% can be compared against companies in the Healthcare Providers & 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 Healthcare Providers & Services company?
A good Tax Rate % depends on the Healthcare Providers & 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. InnovaQor'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 InnovaQor stock overvalued right now?
InnovaQor (INQR) 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 InnovaQor (INQR), the current Tax Rate % is 0.00% as of Sep. 2023. 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.

InnovaQor Business Description

Address 477 South Rosemary Avenue, Suite 222, West Palm Beach, FL, USA, 33401
InnovaQor Inc provides information technology solutions and services to healthcare and laboratory customers in the United States. Its goal is to develop and deliver a technology-based medical professional's network communication platform to a broad range of healthcare professionals and businesses using a subscription revenue model with added value bolt-on services.