LANRF (Lancaster resources) Tax Rate % : 0.00% (As of Dec. 2024)

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What is Lancaster resources Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lancaster resources's Tax Expense for the three months ended in Dec. 2024 was $0.00 Mil. Lancaster resources's Pre-Tax Income for the three months ended in Dec. 2024 was $-0.15 Mil. Therefore, Lancaster resources's Tax Rate % for the quarter that ended in Dec. 2024 was 0.00%.

Lancaster resources Tax Rate % Historical Data

The historical data trend for Lancaster resources'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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Lancaster resources Tax Rate % Chart

Lancaster resources Annual Data

Trend

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Mar24

Tax Rate %

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Lancaster resources Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
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Lancaster resources Tax Rate % Calculation

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

Lancaster resources's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2024 )	/	Pre-Tax Income (A: Mar. 2024 )
	=	0	/	-2.665
	=	0.00 %

Lancaster resources's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	0	/	-0.151
	=	0.00 %

Lancaster resources Tax Rate % Related Terms

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Lancaster resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lancaster resources Inc (OTCPK:LANRF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

6UF0:Germany LCR:Canada

Address

2569 Marine Drive, Vancouver, BC, CAN, V7V 1L5

Website

https://www.lancaster-resources.com

Lancaster resources Inc is engaged in exploring energy transition metals, particularly lithium, to take advantage of the shifts toward decarbonization and electrification. Its goal is to identify, acquire, explore, and develop high-quality mineral-rich properties, integrating sustainable energy sources and technologies for climate-positive resource production. The company holds exclusive rights to acquire a 100% interest in the Alkali Flat lithium brine project situated in Lordsburg, New Mexico, USA.