PNACW (Prime Number Acquisition I) Tax Rate %: 55.29% (As of Jun. 2023)

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PNACW Prime Number Acquisition I Corp PNACW
19 GF Score
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! 1 Warning Sign
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What is Prime Number Acquisition I Tax Rate %?

Prime Number Acquisition I PNACW -51.33% 19 Tax Rate % is 55.29% as of Jun. 2023. GuruFocus rates PNACW with a GF Score™ of 19/100. The stock has 1 warning sign investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Prime Number Acquisition I's Tax Expense for the three months ended in Jun. 2023 was $0.12 Mil. Prime Number Acquisition I's Pre-Tax Income for the three months ended in Jun. 2023 was $0.21 Mil. Therefore, Prime Number Acquisition I's Tax Rate % for the quarter that ended in Jun. 2023 was 55.29%.

Prime Number Acquisition I Tax Rate % Related Terms

Prime Number Acquisition I Tax Rate % Historical Data

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The historical data trend for Prime Number Acquisition I'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.

Prime Number Acquisition I Tax Rate % Chart

Prime Number Acquisition I Annual Data
Trend Dec21 Dec22
Tax Rate %
0.00 51.37

Prime Number Acquisition I Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Tax Rate % Get a 7-Day Free Trial Premium Member Only 0.00 48.46 36.55 37.90 55.29
PNACW
19GF Score
Prime Number Acquisition I Corp PNACW
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Prime Number Acquisition I Tax Rate % Calculation

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

Prime Number Acquisition I's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=0.15/0.292
=51.37 %

Prime Number Acquisition I'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 )
=0.115/0.208
=55.29 %

* 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 55.29% mean?
Prime Number Acquisition I (PNACW) has a Tax Rate % of 55.29% as of Jun. 2023.
Is Prime Number Acquisition I's Tax Rate % too high?
Prime Number Acquisition I's current Tax Rate % is 55.29%. Overall, Prime Number Acquisition I has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Prime Number Acquisition I's Tax Rate % compare to ?
Prime Number Acquisition I's Tax Rate % of 55.29% can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Tax Rate % depends on the Diversified Financial Services 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. Prime Number Acquisition I's current Tax Rate % is 55.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prime Number Acquisition I stock overvalued right now?
Prime Number Acquisition I (PNACW) has a current Tax Rate % of 55.29%. The current Tax Rate % is 55.29%. Prime Number Acquisition I's overall GF Score™ is 19/100 with 1 warning sign to review. 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 Prime Number Acquisition I (PNACW), the current Tax Rate % is 55.29% 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.

Prime Number Acquisition I Business Description

Comparable Companies
Address 1129 Northern Boulevard, Suite 404, Manhasset, NY, USA, 11030
Prime Number Acquisition I Corp is a blank check company.
19GF 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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