NXMH (Next Meats Holdings) Tax Rate %: 0.00% (As of Jan. 2024)

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What is Next Meats Holdings Tax Rate %?

Next Meats Holdings NXMH +94.37% Tax Rate % is 0.00% as of Jan. 2024.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Next Meats Holdings's Tax Expense for the three months ended in Jan. 2024 was $0.00 Mil. Next Meats Holdings's Pre-Tax Income for the three months ended in Jan. 2024 was $-0.17 Mil. Therefore, Next Meats Holdings's Tax Rate % for the quarter that ended in Jan. 2024 was 0.00%.

Next Meats Holdings Tax Rate % Related Terms

Next Meats Holdings Tax Rate % Historical Data

* Premium members only.

The historical data trend for Next Meats 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.

Next Meats Holdings Tax Rate % Chart

Next Meats Holdings Annual Data
Trend Apr20 Apr21 Apr22 Apr23
Tax Rate %
0.00 0.00 -1.60 -0.08

Next Meats Holdings Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.00 -0.13 0.00 0.00 0.00

Next Meats Holdings Tax Rate % Calculation

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

Next Meats Holdings's Tax Rate % for the fiscal year that ended in Apr. 2023 is calculated as

Tax Rate %=Tax Expense (A: Apr. 2023 )/Pre-Tax Income (A: Apr. 2023 )
=0.004/-4.869
=-0.08 %

Next Meats Holdings'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/-0.166
=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?
Next Meats Holdings (NXMH) has a Tax Rate % of 0.00% as of Jan. 2024.
Is Next Meats Holdings' Tax Rate % too high?
Next Meats Holdings' current Tax Rate % is 0.00%.
How does Next Meats Holdings' Tax Rate % compare to NGTF and SHRG?
Next Meats Holdings' Tax Rate % of 0.00% can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Tax Rate % depends on the Consumer Packaged Goods 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. Next Meats Holdings'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 Next Meats Holdings stock overvalued right now?
Next Meats Holdings (NXMH) 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 Next Meats Holdings (NXMH), the current Tax Rate % is 0.00% as of Jan. 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.

Next Meats Holdings Business Description

Address 79-49 Motomachi, Niseko, Abuta District, Hokkaido, JPN, 048-1544
Next Meats Holdings Inc. is a Japanese company that operates in the industry that provides an alternative to meat. It develops and sells alternative meat products, with ingredients derived, predominantly, plant-based materials.