LMSBF (The Limestone Boat Co) Tax Rate %: 0.00% (As of Dec. 2023)

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What is The Limestone Boat Co Tax Rate %?

The Limestone Boat Co LMSBF Tax Rate % is 0.00% as of Dec. 2023.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. The Limestone Boat Co's Tax Expense for the three months ended in Dec. 2023 was $0.00 Mil. The Limestone Boat Co's Pre-Tax Income for the three months ended in Dec. 2023 was $-1.47 Mil. Therefore, The Limestone Boat Co's Tax Rate % for the quarter that ended in Dec. 2023 was 0.00%.

The Limestone Boat Co Tax Rate % Related Terms

The Limestone Boat Co Tax Rate % Historical Data

* Premium members only.

The historical data trend for The Limestone Boat Co'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.

The Limestone Boat Co Tax Rate % Chart

The Limestone Boat Co Annual Data
Trend Dec20
Tax Rate %
0.00

The Limestone Boat Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23 Dec23
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 8.46 4.53 0.00 0.00 0.00

The Limestone Boat Co Tax Rate % Calculation

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

The Limestone Boat Co's Tax Rate % for the fiscal year that ended in Dec. 2020 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2020 )/Pre-Tax Income (A: Dec. 2020 )
=0/-1.264
=0.00 %

The Limestone Boat Co's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=0/-1.468
=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?
The Limestone Boat Co (LMSBF) has a Tax Rate % of 0.00% as of Dec. 2023.
Is The Limestone Boat Co's Tax Rate % too high?
The Limestone Boat Co's current Tax Rate % is 0.00%.
How does The Limestone Boat Co's Tax Rate % compare to USLG and MCOM?
The Limestone Boat Co's Tax Rate % of 0.00% can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Tax Rate % depends on the Vehicles & Parts 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. The Limestone Boat Co'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 The Limestone Boat Co stock overvalued right now?
The Limestone Boat Co (LMSBF) 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 The Limestone Boat Co (LMSBF), the current Tax Rate % is 0.00% as of Dec. 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.

The Limestone Boat Co Business Description

Address 64 Hurontario Street, Collingwood, ON, CAN, L9Y 2L6
The Limestone Boat Co Ltd is an owner and builder of Aquasport Boat, Limestone Boat, and Boca Bay boat brands. The company is backed by a large, skilled labor force and dealer partners throughout the United States and the Canadian Great Lakes Region.