GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Monterey Innovation Acquisition Corp (NAS:MTRYW) » Definitions » Tax Rate %

Monterey Innovation Acquisition (Monterey Innovation Acquisition) Tax Rate % : -41.12% (As of Jun. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Monterey Innovation Acquisition Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Monterey Innovation Acquisition's Tax Expense for the three months ended in Jun. 2023 was $0.04 Mil. Monterey Innovation Acquisition's Pre-Tax Income for the three months ended in Jun. 2023 was $-0.11 Mil. Therefore, Monterey Innovation Acquisition's Tax Rate % for the quarter that ended in Jun. 2023 was -41.12%.


Monterey Innovation Acquisition Tax Rate % Historical Data

The historical data trend for Monterey Innovation Acquisition'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.

Monterey Innovation Acquisition Tax Rate % Chart

Monterey Innovation Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Tax Rate %
- - -10.02

Monterey Innovation Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -1.61 -23.82 -11.64 -33.04 -41.12

Monterey Innovation Acquisition Tax Rate % Calculation

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

Monterey Innovation Acquisition's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=0.116/-1.158
=-10.02 %

Monterey Innovation Acquisition's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2023 )/Pre-Tax Income (Q: Jun. 2023 )
=0.044/-0.107
=-41.12 %

* 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.


Monterey Innovation Acquisition Tax Rate % Related Terms

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


Monterey Innovation Acquisition (Monterey Innovation Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
17 State Street, Suite 2130, 21st Floor, New York, NY, USA, 10004
Monterey Innovation Acquisition Corp is a blank check company.