NXTP (NextPlay Technologies) Tax Rate %: 0.00% (As of Nov. 2022)

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NXTP NextPlay Technologies Inc NXTP
14 GF Score
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What is NextPlay Technologies Tax Rate %?

NextPlay Technologies NXTP 14 Tax Rate % is 0.00% as of Nov. 2022. GuruFocus rates NXTP with a GF Score™ of 14/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NextPlay Technologies's Tax Expense for the three months ended in Nov. 2022 was $0.00 Mil. NextPlay Technologies's Pre-Tax Income for the three months ended in Nov. 2022 was $-3.11 Mil. Therefore, NextPlay Technologies's Tax Rate % for the quarter that ended in Nov. 2022 was 0.00%.

NextPlay Technologies Tax Rate % Related Terms

NextPlay Technologies Tax Rate % Historical Data

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The historical data trend for NextPlay Technologies'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.

NextPlay Technologies Tax Rate % Chart

NextPlay Technologies Annual Data
Trend Feb21 Feb22
Tax Rate %
0.00 -0.04

NextPlay Technologies Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
Tax Rate % Get a 7-Day Free Trial -0.04 -0.05 0.00 0.00 0.00
NXTP
14GF Score
NextPlay Technologies Inc NXTP
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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NextPlay Technologies Tax Rate % Calculation

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

NextPlay Technologies's Tax Rate % for the fiscal year that ended in Feb. 2022 is calculated as

Tax Rate %=Tax Expense (A: Feb. 2022 )/Pre-Tax Income (A: Feb. 2022 )
=0.017/-40.398
=-0.04 %

NextPlay Technologies's Tax Rate % for the quarter that ended in Nov. 2022 is calculated as

Tax Rate %=Tax Expense (Q: Nov. 2022 )/Pre-Tax Income (Q: Nov. 2022 )
=0/-3.107
=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?
NextPlay Technologies (NXTP) has a Tax Rate % of 0.00% as of Nov. 2022.
Is NextPlay Technologies' Tax Rate % too high?
NextPlay Technologies' current Tax Rate % is 0.00%. Overall, NextPlay Technologies has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does NextPlay Technologies' Tax Rate % compare to TAOP and CETX?
NextPlay Technologies' Tax Rate % of 0.00% can be compared against companies in the Software 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 Software company?
A good Tax Rate % depends on the Software 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. NextPlay Technologies'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 NextPlay Technologies stock overvalued right now?
NextPlay Technologies (NXTP) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. NextPlay Technologies' overall GF Score™ is 14/100. 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 NextPlay Technologies (NXTP), the current Tax Rate % is 0.00% as of Nov. 2022. 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.

NextPlay Technologies Business Description

Address 1560 Sawgrass Corporate Parkway, Suite 130, Sunrise, FL, USA, 33323
NextPlay Technologies Inc is building a technology solutions company, offering games, in-game advertising, digital asset products and services, connected TV and travel booking services to consumers and corporations within a growing digital ecosystem. Its engaging products and services utilize advertising technology, Artificial Intelligence, and financial technology (FinTech) solutions to leverage the strengths and channels of its existing and acquired technologies. NextPlay is organized into 3 divisions NextMedia, its Interactive Digital Media Division (the Media Division); NextFinTech, its Finance and Technology (FinTech) Division; and NextTrip, its Travel Division.
14GF Score

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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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