JOFFW (JOFF Fintech Acquisition) Tax Rate %: 14.50% (As of Sep. 2022)

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JOFFW JOFF Fintech Acquisition Corp JOFFW
22 GF Score
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! 2 Warning Signs
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What is JOFF Fintech Acquisition Tax Rate %?

JOFF Fintech Acquisition JOFFW 22 Tax Rate % is 14.50% as of Sep. 2022. GuruFocus rates JOFFW with a GF Score™ of 22/100. The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. JOFF Fintech Acquisition's Tax Expense for the three months ended in Sep. 2022 was $0.50 Mil. JOFF Fintech Acquisition's Pre-Tax Income for the three months ended in Sep. 2022 was $3.42 Mil. Therefore, JOFF Fintech Acquisition's Tax Rate % for the quarter that ended in Sep. 2022 was 14.50%.

JOFF Fintech Acquisition Tax Rate % Related Terms

JOFF Fintech Acquisition Tax Rate % Historical Data

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The historical data trend for JOFF Fintech 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.

JOFF Fintech Acquisition Tax Rate % Chart

JOFF Fintech Acquisition Annual Data
Trend Dec20 Dec21
Tax Rate %
0.00 0.00

JOFF Fintech Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Tax Rate % Get a 7-Day Free Trial 0.00 0.00 0.00 1.57 14.50
JOFFW
22GF Score
JOFF Fintech Acquisition Corp JOFFW
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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JOFF Fintech Acquisition Tax Rate % Calculation

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

JOFF Fintech 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 )
=0/15.153
=0.00 %

JOFF Fintech Acquisition's Tax Rate % for the quarter that ended in Sep. 2022 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2022 )/Pre-Tax Income (Q: Sep. 2022 )
=0.496/3.42
=14.50 %

* 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 14.50% mean?
JOFF Fintech Acquisition (JOFFW) has a Tax Rate % of 14.50% as of Sep. 2022.
Is JOFF Fintech Acquisition's Tax Rate % too high?
JOFF Fintech Acquisition's current Tax Rate % is 14.50%. Overall, JOFF Fintech Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does JOFF Fintech Acquisition's Tax Rate % compare to OHPA and AGAC?
JOFF Fintech Acquisition's Tax Rate % of 14.50% 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. JOFF Fintech Acquisition's current Tax Rate % is 14.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JOFF Fintech Acquisition stock overvalued right now?
JOFF Fintech Acquisition (JOFFW) has a current Tax Rate % of 14.50%. The current Tax Rate % is 14.50%. JOFF Fintech Acquisition's overall GF Score™ is 22/100 with 2 warning signs 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 JOFF Fintech Acquisition (JOFFW), the current Tax Rate % is 14.50% as of Sep. 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.

JOFF Fintech Acquisition Business Description

Address c/o Ellenoff Grossman & Schole LLP, 1345 Avenue of the Americas, 11th Floor, New York, NY, USA, 10105
JOFF Fintech Acquisition Corp is a blank check company. It is formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses.
22GF Score

Get the complete analysis for JOFFW

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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