LGLOF (Green Block Mining) Tax Rate %: 0.00% (As of Aug. 2021)

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What is Green Block Mining Tax Rate %?

Green Block Mining LGLOF -90.00% Tax Rate % is 0.00% as of Aug. 2021.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Green Block Mining's Tax Expense for the three months ended in Aug. 2021 was $0.00 Mil. Green Block Mining's Pre-Tax Income for the three months ended in Aug. 2021 was $-1.39 Mil. Therefore, Green Block Mining's Tax Rate % for the quarter that ended in Aug. 2021 was 0.00%.

Green Block Mining Tax Rate % Related Terms

Green Block Mining Tax Rate % Historical Data

* Premium members only.

The historical data trend for Green Block Mining'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.

Green Block Mining Tax Rate % Chart

Green Block Mining Annual Data
Trend Nov18 Nov19 Nov20
Tax Rate %
0.00 0.00 0.00

Green Block Mining Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
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 0.00 0.00 0.00 0.00 0.00

Green Block Mining Tax Rate % Calculation

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

Green Block Mining's Tax Rate % for the fiscal year that ended in Nov. 2020 is calculated as

Tax Rate %=Tax Expense (A: Nov. 2020 )/Pre-Tax Income (A: Nov. 2020 )
=0/-4.668232000018
=0.00 %

Green Block Mining's Tax Rate % for the quarter that ended in Aug. 2021 is calculated as

Tax Rate %=Tax Expense (Q: Aug. 2021 )/Pre-Tax Income (Q: Aug. 2021 )
=0/-1.3858020000084
=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?
Green Block Mining (LGLOF) has a Tax Rate % of 0.00% as of Aug. 2021.
Is Green Block Mining's Tax Rate % too high?
Green Block Mining's current Tax Rate % is 0.00%.
How does Green Block Mining's Tax Rate % compare to CRM and INTU?
Green Block Mining's Tax Rate % of 0.00% can be compared against companies in the Software 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 Software company?
A good Tax Rate % depends on the Software 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. Green Block Mining'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 Green Block Mining stock overvalued right now?
Green Block Mining (LGLOF) 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 Green Block Mining (LGLOF), the current Tax Rate % is 0.00% as of Aug. 2021. 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.

Green Block Mining Business Description

Address 800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Green Block Mining Corp., formerly Link Global Technologies Inc., is a Canadian company that provides power and infrastructure solutions for digital mining and data hosting operations. It builds and manages semi-portable, self-contained power generation units that can be deployed rapidly in various environments, allowing cryptocurrency mining and data hosting to operate in locations with limited grid access. The company offers digital mining services to third parties and develops low-cost, energy-efficient infrastructure for blockchain-related operations. Its customers include cryptocurrency miners and data hosting clients seeking flexible power and hosting capacity. Revenue is generated primarily through hosting fees, mining services, and power infrastructure arrangements. The company is based in Canada and focuses on North American operations, though its semi-portable model allows deployment across diverse geographic sites depending on power availability and regulatory conditions.