GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Touchstone Exploration Inc (LSE:TXP) » Definitions » Tax Rate %

Touchstone Exploration (LSE:TXP) Tax Rate % : -261.92% (As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Touchstone Exploration Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Touchstone Exploration's Tax Expense for the three months ended in Sep. 2024 was £-1.01 Mil. Touchstone Exploration's Pre-Tax Income for the three months ended in Sep. 2024 was £0.39 Mil. Therefore, Touchstone Exploration's Tax Rate % for the quarter that ended in Sep. 2024 was -261.92%.

Touchstone Exploration Tax Rate % Historical Data

The historical data trend for Touchstone Exploration'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.

* Premium members only.

Touchstone Exploration Tax Rate % Chart

Touchstone Exploration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -172.08 35.22 60.66 320.59 -62.02

Touchstone Exploration Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 8.49 -63.26 2.79 3.60 -261.92

Touchstone Exploration Tax Rate % Calculation

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

Touchstone Exploration's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=6.229/-10.043
=-62.02 %

Touchstone Exploration's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=-1.011/0.386
=-261.92 %

* 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.

Touchstone Exploration Tax Rate % Related Terms

Thank you for viewing the detailed overview of Touchstone Exploration's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Touchstone Exploration Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Touchstone Exploration Inc (LSE:TXP) » Definitions » Tax Rate %
Comparable Companies
TSX:CDR TSXV:AXL TSX:CNE TSXV:TPL TSX:BNE TSX:GXE TSX:QEC TSX:JOY TSX:YGR TSXV:LCX COP HKSE:00883 EOG TSX:CNQ FANG OXY HES TPL ADX:NMDCENR ASX:WDS
Traded in Other Exchanges
PBEGF:USA TXP:Canada
Address
350 - 7th Avenue SW, Suite 4100, Calgary, AB, CAN, T2P 3N9
Website
https://www.touchstoneexploration.com
Touchstone Exploration Inc is engaged in the business of petroleum and natural gas exploration, development, acquisition and production. The Company is currently active in the Republic of Trinidad and Tobago. The company generates revenue from Petroleum and natural gas sales. The company's exploration project includes Ortoire, Coho, Cascadura, Chinook, Royston.

Touchstone Exploration Headlines

No Headlines