RSCI (Redwood Scientific Technologies) Tax Rate %: 0.00% (As of Dec. 2023)


What is Redwood Scientific Technologies Tax Rate %?

Redwood Scientific Technologies RSCI Tax Rate % is 0.00% as of Dec. 2023.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Redwood Scientific Technologies's Tax Expense for the six months ended in Dec. 2023 was $0.00 Mil. Redwood Scientific Technologies's Pre-Tax Income for the six months ended in Dec. 2023 was $-3.48 Mil. Therefore, Redwood Scientific Technologies's Tax Rate % for the quarter that ended in Dec. 2023 was 0.00%.

Redwood Scientific Technologies Tax Rate % Related Terms

Redwood Scientific Technologies Tax Rate % Historical Data

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The historical data trend for Redwood Scientific 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.

Redwood Scientific Technologies Tax Rate % Chart

Redwood Scientific Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tax Rate %
0.00 0.00 0.00 0.00

Redwood Scientific Technologies Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Tax Rate % 0.00 0.00 0.00 0.00

Redwood Scientific Technologies Tax Rate % Calculation

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

Redwood Scientific Technologies's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=0/-3.482
=0.00 %

Redwood Scientific Technologies'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 )
=0/-3.482
=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?
Redwood Scientific Technologies (RSCI) has a Tax Rate % of 0.00% as of Dec. 2023.
Is Redwood Scientific Technologies' Tax Rate % too high?
Redwood Scientific Technologies' current Tax Rate % is 0.00%.
How does Redwood Scientific Technologies' Tax Rate % compare to RAPH and FLGC?
Redwood Scientific Technologies' 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. Redwood Scientific 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 Redwood Scientific Technologies stock overvalued right now?
Redwood Scientific Technologies (RSCI) 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 Redwood Scientific Technologies (RSCI), the current Tax Rate % is 0.00% as of Dec. 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.

Redwood Scientific Technologies Business Description

Address 418 Broadway, STE 4872, Albany, NY, USA, 12207
Redwood Scientific Technologies Inc is a pharmaceutical delivery company that develops, operates, and markets over-the-counter products in a sublingual oral thin film strip. RSCI has begun clinical trials on two new products to market for stopping the addiction to nicotine.