MVRK (Maverick Lifestyle) Tax Rate %: 6.49% (As of Sep. 2024)


What is Maverick Lifestyle Tax Rate %?

Maverick Lifestyle MVRK Tax Rate % is 6.49% as of Sep. 2024.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Maverick Lifestyle's Tax Expense for the three months ended in Sep. 2024 was $-0.02 Mil. Maverick Lifestyle's Pre-Tax Income for the three months ended in Sep. 2024 was $-0.37 Mil. Therefore, Maverick Lifestyle's Tax Rate % for the quarter that ended in Sep. 2024 was 6.49%.

Maverick Lifestyle Tax Rate % Related Terms

Maverick Lifestyle Tax Rate % Historical Data

* Premium members only.

The historical data trend for Maverick Lifestyle'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.

Maverick Lifestyle Tax Rate % Chart

Maverick Lifestyle Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tax Rate %
0.00 -15.57 18.11 -23.27

Maverick Lifestyle Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -2.49 -20.87 -166.88 0.00 6.49

Maverick Lifestyle Tax Rate % Calculation

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

Maverick Lifestyle'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 )
=0.342/-1.47
=-23.27 %

Maverick Lifestyle'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 )
=-0.024/-0.37
=6.49 %

* 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 6.49% mean?
Maverick Lifestyle (MVRK) has a Tax Rate % of 6.49% as of Sep. 2024.
Is Maverick Lifestyle's Tax Rate % too high?
Maverick Lifestyle's current Tax Rate % is 6.49%.
How does Maverick Lifestyle's Tax Rate % compare to ?
Maverick Lifestyle's Tax Rate % of 6.49% can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Tax Rate % depends on the Tobacco Products 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. Maverick Lifestyle's current Tax Rate % is 6.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maverick Lifestyle stock overvalued right now?
Maverick Lifestyle (MVRK) has a current Tax Rate % of 6.49%. The current Tax Rate % is 6.49%. 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 Maverick Lifestyle (MVRK), the current Tax Rate % is 6.49% as of Sep. 2024. 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.

Maverick Lifestyle Business Description

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Address 7427 NC Highway 58 South, Stantonsburg, NC, USA, 27883
Maverick Lifestyle Inc is a Hemp Canna-Infused Products Company primarily engaged in the manufacturing, branding, marketing, distribution and sales of products infused with hemp-derived cannabinoids (including but not limited to delta-8-THC, delta-9-THC, delta-10-THC, HHC, CBD, CBG and CBN) such as pre-rolled hemp joints and hemp cigarettes, hemp cigarillos, blunts, disposable live resin vapes, gummies and unique edibles. It is also engaged in the development of high speed rolling manufacturing technology specifically designed for the hemp and cannabis industry, such as converting high speed tobacco rolling machines to roll stickier products such as delta-8-THC, HHC infused hemp, packing machines to automatically package rolled products into consumer packaging ready for the shelf.