NBST (Newbury Street Acquisition) Tax Rate %: -45.31% (As of Mar. 2024)


NBST Newbury Street Acquisition Corp NBST
37 GF Score
Price $14.99
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What is Newbury Street Acquisition Tax Rate %?

Newbury Street Acquisition NBST +42.63% 37 Tax Rate % is -45.31% as of Mar. 2024. GuruFocus rates NBST with a GF Score™ of 37/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Newbury Street Acquisition's Tax Expense for the three months ended in Mar. 2024 was $0.06 Mil. Newbury Street Acquisition's Pre-Tax Income for the three months ended in Mar. 2024 was $-0.13 Mil. Therefore, Newbury Street Acquisition's Tax Rate % for the quarter that ended in Mar. 2024 was -45.31%.

Newbury Street Acquisition Tax Rate % Related Terms

Newbury Street Acquisition Tax Rate % Historical Data

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The historical data trend for Newbury Street 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.

Newbury Street Acquisition Tax Rate % Chart

Newbury Street Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
0.00 -47.37 87.60

Newbury Street Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.89 260.42 504.00 -142.86 -45.31
NBST
37GF Score
Newbury Street Acquisition Corp NBST
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Newbury Street Acquisition Tax Rate % Calculation

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

Newbury Street Acquisition'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 )
=0.685/0.782
=87.60 %

Newbury Street Acquisition's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=0.058/-0.128
=-45.31 %

* 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 -45.31% mean?
Newbury Street Acquisition (NBST) has a Tax Rate % of -45.31% as of Mar. 2024.
Is Newbury Street Acquisition's Tax Rate % too high?
Newbury Street Acquisition's current Tax Rate % is -45.31%. Overall, Newbury Street Acquisition has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Newbury Street Acquisition's Tax Rate % compare to WELNF and FTII?
Newbury Street Acquisition's Tax Rate % of -45.31% can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Tax Rate % depends on the Diversified Financial Services 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. Newbury Street Acquisition's current Tax Rate % is -45.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newbury Street Acquisition stock overvalued right now?
Newbury Street Acquisition (NBST) has a current Tax Rate % of -45.31%. The current Tax Rate % is -45.31%. Newbury Street Acquisition's overall GF Score™ is 37/100. 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 Newbury Street Acquisition (NBST), the current Tax Rate % is -45.31% as of Mar. 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.

Newbury Street Acquisition Business Description

Other Exchanges NBSTU:USA
Address 121 High Street, Floor 3, Boston, MA, USA, 02110
Newbury Street Acquisition Corp is a blank check company.
37GF Score

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