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Verano Holdings (NEOE:VRNO) Tax Rate % : 1,562.36% (As of Sep. 2024)


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What is Verano Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Verano Holdings's Tax Expense for the three months ended in Sep. 2024 was C$62 Mil. Verano Holdings's Pre-Tax Income for the three months ended in Sep. 2024 was C$4 Mil. Therefore, Verano Holdings's Tax Rate % for the quarter that ended in Sep. 2024 was 1,562.36%.

Verano Holdings Tax Rate % Historical Data

The historical data trend for Verano Holdings'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.

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Verano Holdings Tax Rate % Chart

Verano Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
4.76 51.30 212.26 -64.55 522.14

Verano Holdings Quarterly Data
Dec19 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 165.71 -134.65 172.46 348.27 1,562.36

Verano Holdings Tax Rate % Calculation

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

Verano Holdings'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 )
=194.728/37.294
=522.14 %

Verano Holdings'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 )
=61.604/3.943
=1,562.36 %

* 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.

Verano Holdings Tax Rate % Related Terms

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Verano Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Verano Holdings Corp (NEOE:VRNO) » Definitions » Tax Rate %
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Traded in Other Exchanges
VRNOF:USA 76U0:Germany
Address
214 West Hill Street, Suite 400, Chicago, IL, USA, 60610
Website
https://www.veranogrown.com
Verano Holdings Corp is a vertically integrated multi?state cannabis operator in the United States. The Company has two reportable segments: (i) cultivation (wholesale) and (ii) retail. The company's consumer brands include Encore, Avexia, MÜV, Savvy, BITS and Verano. The company's retail dispensaries operate under brands including Zen Leaf and MÜV. The company derives its revenues from Retail segment.

Verano Holdings Headlines

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