NNLRF (Nova Net Lease REIT) Tax Rate % : 0.00% (As of Sep. 2024)

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What is Nova Net Lease REIT Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nova Net Lease REIT's Tax Expense for the three months ended in Sep. 2024 was $0.00 Mil. Nova Net Lease REIT's Pre-Tax Income for the three months ended in Sep. 2024 was $-0.49 Mil. Therefore, Nova Net Lease REIT's Tax Rate % for the quarter that ended in Sep. 2024 was 0.00%.

Nova Net Lease REIT Tax Rate % Historical Data

The historical data trend for Nova Net Lease REIT'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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Nova Net Lease REIT Tax Rate % Chart

Nova Net Lease REIT Annual Data

Trend

Dec21

Dec22

Dec23

Tax Rate %

Nova Net Lease REIT Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial								-	-	-	-	-

Nova Net Lease REIT Tax Rate % Calculation

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

Nova Net Lease REIT'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	/	1.642
	=	0.00 %

Nova Net Lease REIT'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	/	-0.494
	=	0.00 %

Nova Net Lease REIT Tax Rate % Related Terms

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Nova Net Lease REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nova Net Lease REIT (OTCPK:NNLRF) » Definitions » Tax Rate %

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NNL.U:Canada

Address

200 Bay Street, North Tower, Suite 1200, Toronto, ON, CAN, M5J 2J2

Website

https://www.novanetleasereit.com

Nova Net Lease REIT is a real estate investment trust established to acquire specialized industrial and retail properties leased to experienced, licensed operators in the legal U.S. cannabis industry. The REIT intends to acquire properties through sale-leaseback transactions and lease such properties on a triple net lease basis for a targeted 10 to a 15-year term and strives to negotiate annual rental rate increases in the leases.