PHBID (Neorich Biopharma Tech Co) Tax Rate %: 0.00% (As of Jun. 2023)

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What is Neorich Biopharma Tech Co Tax Rate %?

Neorich Biopharma Tech Co PHBID -44.44% Tax Rate % is 0.00% as of Jun. 2023.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Neorich Biopharma Tech Co's Tax Expense for the three months ended in Jun. 2023 was $0.00 Mil. Neorich Biopharma Tech Co's Pre-Tax Income for the three months ended in Jun. 2023 was $-0.16 Mil. Therefore, Neorich Biopharma Tech Co's Tax Rate % for the quarter that ended in Jun. 2023 was 0.00%.

Neorich Biopharma Tech Co Tax Rate % Related Terms

Neorich Biopharma Tech Co Tax Rate % Historical Data

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The historical data trend for Neorich Biopharma Tech 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.

Neorich Biopharma Tech Co Tax Rate % Chart

Neorich Biopharma Tech Co Annual Data
Trend Apr08 Apr09 Sep18 Sep19 Sep20 Sep21 Sep22
Tax Rate %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Neorich Biopharma Tech Co Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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

Neorich Biopharma Tech Co Tax Rate % Calculation

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

Neorich Biopharma Tech Co's Tax Rate % for the fiscal year that ended in Sep. 2022 is calculated as

Tax Rate %=Tax Expense (A: Sep. 2022 )/Pre-Tax Income (A: Sep. 2022 )
=0/-0.876
=0.00 %

Neorich Biopharma Tech Co's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2023 )/Pre-Tax Income (Q: Jun. 2023 )
=0/-0.163
=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?
Neorich Biopharma Tech Co (PHBID) has a Tax Rate % of 0.00% as of Jun. 2023.
Is Neorich Biopharma Tech Co's Tax Rate % too high?
Neorich Biopharma Tech Co's current Tax Rate % is 0.00%.
How does Neorich Biopharma Tech Co's Tax Rate % compare to DVLP and CSTF?
Neorich Biopharma Tech Co's Tax Rate % of 0.00% can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Tax Rate % depends on the Drug Manufacturers 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. Neorich Biopharma Tech 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 Neorich Biopharma Tech Co stock overvalued right now?
Neorich Biopharma Tech Co (PHBID) 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 Neorich Biopharma Tech Co (PHBID), the current Tax Rate % is 0.00% as of Jun. 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.

Neorich Biopharma Tech Co Business Description

Address 112 North Curry Street, Carson, NV, USA, 89703
Pharmagreen Biotech Inc is a biotech science company with specialized products and services in the cannabis industry. The company plans to produce and sell tissue culture plantlets and cannabis oil. Its line of nutraceutical products is a proprietary blend of therapeutic plants and mushrooms. It is developing its business model beyond just cannabis, and is focused on near term revenues from its proprietary blend of therapeutic plants and fungi, a nutraceutical wellness product. Utilizing the Company's expertise in plant genetics, Its transgenic program uses the newest technology available to research and create nutraceuticals, protein-based vaccines, and daily supplements with the potential to improve lives and address a wide variety of disease conditions.