GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Patriot Battery Metals Inc (OTCPK:PMETF) » Definitions » Tax Rate %

Patriot Battery Metals (Patriot Battery Metals) Tax Rate % : 60.70% (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Patriot Battery Metals Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Patriot Battery Metals's Tax Expense for the three months ended in Dec. 2023 was $2.72 Mil. Patriot Battery Metals's Pre-Tax Income for the three months ended in Dec. 2023 was $4.48 Mil. Therefore, Patriot Battery Metals's Tax Rate % for the quarter that ended in Dec. 2023 was 60.70%.


Patriot Battery Metals Tax Rate % Historical Data

The historical data trend for Patriot Battery Metals'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.

* Premium members only.

Patriot Battery Metals Tax Rate % Chart

Patriot Battery Metals Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -45.25

Patriot Battery Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 211.67 113.92 118.92 60.70

Patriot Battery Metals Tax Rate % Calculation

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

Patriot Battery Metals's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2023 )/Pre-Tax Income (A: Mar. 2023 )
=2.303/-5.09
=-45.25 %

Patriot Battery Metals's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=2.718/4.478
=60.70 %

* 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.


Patriot Battery Metals Tax Rate % Related Terms

Thank you for viewing the detailed overview of Patriot Battery Metals's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Patriot Battery Metals (Patriot Battery Metals) Business Description

Traded in Other Exchanges
Address
838 W Hastings Street, Suite 700, Vancouver, BC, CAN, V6C 0A6
Patriot Battery Metals Inc is a mineral exploration company focused on the acquisition and development of mineral projects containing the battery, base and precious metals. The company's flagship assets are the wholly-owned Corvette Property, the FCI Property located in the James Bay Region of Quebec and the Freeman Creek Gold Property, located in Idaho, USA. In addition, the company holds the Pontax Lithium-Gold Property, QC; the Golden Silica Property, BC; and the Hidden Lake Lithium Property, NWT, where the company maintains a 40% interest, as well as several other assets in Canada.