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MAKOF (Mako Mining) Tax Rate % : 61.15% (As of Sep. 2024)


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What is Mako Mining Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mako Mining's Tax Expense for the three months ended in Sep. 2024 was $0.60 Mil. Mako Mining's Pre-Tax Income for the three months ended in Sep. 2024 was $0.97 Mil. Therefore, Mako Mining's Tax Rate % for the quarter that ended in Sep. 2024 was 61.15%.

Mako Mining Tax Rate % Historical Data

The historical data trend for Mako 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.

* Premium members only.

Mako Mining Tax Rate % Chart

Mako Mining Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.30 -0.40 4.79 -21.20 23.46

Mako Mining Quarterly Data
Oct19 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 -28.90 7.91 9.48 26.31 61.15

Mako Mining Tax Rate % Calculation

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

Mako Mining'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 )
=2.084/8.883
=23.46 %

Mako Mining'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 )
=0.595/0.973
=61.15 %

* 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.

Mako Mining Tax Rate % Related Terms

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Mako Mining Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mako Mining Corp (OTCPK:MAKOF) » Definitions » Tax Rate %
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Traded in Other Exchanges
GQR0:Germany MKO:Canada
Address
838 West Hastings Street, Suite 700, Vancouver, BC, CAN, V6C 0A6
Website
https://www.makominingcorp.com
Mako Mining Corp is a gold mining, development, and exploration firm. The Company's primary asset is the San Albino mine, an open-pit mine located in Nicaragua. In addition to its mining operation, the company continues to explore its other concessions in Nicaragua.