NHMD (Nate's Food Co) Tax Rate %: 0.00% (As of Nov. 2023)


What is Nate's Food Co Tax Rate %?

Nate's Food Co NHMD -99.00% Tax Rate % is 0.00% as of Nov. 2023.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nate's Food Co's Tax Expense for the three months ended in Nov. 2023 was $0.00 Mil. Nate's Food Co's Pre-Tax Income for the three months ended in Nov. 2023 was $-0.18 Mil. Therefore, Nate's Food Co's Tax Rate % for the quarter that ended in Nov. 2023 was 0.00%.

Nate's Food Co Tax Rate % Related Terms

Nate's Food Co Tax Rate % Historical Data

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The historical data trend for Nate's Food Co'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.

Nate's Food Co Tax Rate % Chart

Nate's Food Co Annual Data
Trend Jun10 May14 May15 May16 May17 May18 May20 May21 May22 May23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Nate's Food Co Quarterly Data
May17 Aug17 Nov17 Feb18 May18 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.00 0.00 0.00 0.00 0.00

Nate's Food Co Tax Rate % Calculation

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

Nate's Food Co's Tax Rate % for the fiscal year that ended in May. 2023 is calculated as

Tax Rate %=Tax Expense (A: May. 2023 )/Pre-Tax Income (A: May. 2023 )
=0/-0.251
=0.00 %

Nate's Food Co's Tax Rate % for the quarter that ended in Nov. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Nov. 2023 )/Pre-Tax Income (Q: Nov. 2023 )
=0/-0.181
=0.00 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.00% mean?
Nate's Food Co (NHMD) has a Tax Rate % of 0.00% as of Nov. 2023.
Is Nate's Food Co's Tax Rate % too high?
Nate's Food Co's current Tax Rate % is 0.00%.
How does Nate's Food Co's Tax Rate % compare to MNTR and GMPW?
Nate's Food Co's Tax Rate % of 0.00% can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Tax Rate % depends on the Capital Markets 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. Nate's Food Co's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nate's Food Co stock overvalued right now?
Nate's Food Co (NHMD) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. 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 Nate's Food Co (NHMD), the current Tax Rate % is 0.00% as of Nov. 2023. 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.

Nate's Food Co Business Description

Address 15151 Springdale Street, Huntington Beach, CA, USA, 92649
Nate's Food Co is a food manufacturing and product company that manufactures, distributes, and sells ready-to-use, pre-mixed pancake and waffle batter. The Company is engaged in Bitcoin Mining which is the process by which Bitcoins are created resulting in new blocks being added to the blockchain and new Bitcoins being issued to the miners. The company sells its products across the United States to a variety of customers through its online store.