Newport Exploration (Newport Exploration) Tax Rate % : 34.90% (As of Jan. 2024)

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What is Newport Exploration Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Newport Exploration's Tax Expense for the three months ended in Jan. 2024 was $0.21 Mil. Newport Exploration's Pre-Tax Income for the three months ended in Jan. 2024 was $0.60 Mil. Therefore, Newport Exploration's Tax Rate % for the quarter that ended in Jan. 2024 was 34.90%.

Newport Exploration Tax Rate % Historical Data

The historical data trend for Newport Exploration'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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Newport Exploration Tax Rate % Chart

Newport Exploration Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Tax Rate %

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31.30

32.76

30.97

31.28

32.05

Newport Exploration Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Tax Rate %	Get a 7-Day Free Trial															28.92	37.50	31.44	30.08	34.90

Newport Exploration Tax Rate % Calculation

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

Newport Exploration's Tax Rate % for the fiscal year that ended in Jul. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jul. 2023 )	/	Pre-Tax Income (A: Jul. 2023 )
	=	0.922	/	2.877
	=	32.05 %

Newport Exploration's Tax Rate % for the quarter that ended in Jan. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jan. 2024 )	/	Pre-Tax Income (Q: Jan. 2024 )
	=	0.208	/	0.596
	=	34.90 %

Newport Exploration Tax Rate % Related Terms

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Newport Exploration (Newport Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newport Exploration Ltd (OTCPK:NWXPF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

1XX:Germany NWX:Canada

Address

2168 Marine Drive, Suite 202, Vancouver, BC, CAN, V7V 1K3

Website

https://www.newport-exploration.com

Newport Exploration Ltd is an exploration stage company. It is engaged in the acquisition and exploration of resource properties. Its projects include Cooper Basin in Australia and Chu Chua property in Canada. Newport has royalty interests in producing oil and gas permits in the Cooper Basin, Australia, and a mining project in British Columbia, Canada. Its Cooper Basin project includes EX-PEL 91 OIL and EX-PEL'S 632, 106, and PPL 239-WET GAS, which is located on Western Wet Gas Fairway, Cooper Basin.