GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Metagenomi Inc (NAS:MGX) » Definitions » Tax Rate %

MGX (Metagenomi) Tax Rate % : 17.00% (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Metagenomi Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Metagenomi's Tax Expense for the three months ended in Jun. 2024 was $-2.20 Mil. Metagenomi's Pre-Tax Income for the three months ended in Jun. 2024 was $-12.94 Mil. Therefore, Metagenomi's Tax Rate % for the quarter that ended in Jun. 2024 was 17.00%.

Metagenomi Tax Rate % Historical Data

The historical data trend for Metagenomi'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.

Metagenomi Tax Rate % Chart

Metagenomi Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
- -6.26 -13.33

Metagenomi Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.08 -6.48 -16.45 - 17.00

Metagenomi Tax Rate % Calculation

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

Metagenomi'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 )
=8.027/-60.228
=-13.33 %

Metagenomi's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=-2.199/-12.938
=17.00 %

* 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.

Metagenomi Tax Rate % Related Terms

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

Metagenomi Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Metagenomi Inc (NAS:MGX) » Definitions » Tax Rate %
Comparable Companies
Traded in Other Exchanges
N/A
Address
Website

Metagenomi Headlines

From GuruFocus

Metagenomi to regain full development rights to its wholly-owned base editing and RIGS systems

By Marketwired • 05-01-2024