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SMAGF (Soma Gold) Tax Rate % : 62.21% (As of Sep. 2024)


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What is Soma Gold Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Soma Gold's Tax Expense for the three months ended in Sep. 2024 was $1.46 Mil. Soma Gold's Pre-Tax Income for the three months ended in Sep. 2024 was $2.35 Mil. Therefore, Soma Gold's Tax Rate % for the quarter that ended in Sep. 2024 was 62.21%.

Soma Gold Tax Rate % Historical Data

The historical data trend for Soma Gold'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.

Soma Gold Tax Rate % Chart

Soma Gold Annual Data
Trend Aug14 Aug15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.45 19.69 144.05 93.13 79.98

Soma Gold Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 41.56 -820.66 124.28 124.19 62.21

Soma Gold Tax Rate % Calculation

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

Soma Gold'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 )
=8.332/10.417
=79.98 %

Soma Gold's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=1.46/2.347
=62.21 %

* 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.

Soma Gold Tax Rate % Related Terms

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Soma Gold Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Soma Gold Corp (OTCPK:SMAGF) » Definitions » Tax Rate %
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Traded in Other Exchanges
SOMA:Canada
Address
1050 West Pender Street, Suite 970, Vancouver, BC, CAN, V6E 3S7
Website
https://www.somagoldcorp.com
Soma Gold Corp is engaged in the acquisition, exploration, and development of mineral properties. It operates El Bagre Gold Mining Complex. The El Bagre operations consist of a gold processing plant, the La Ye and Los Mangos operating underground gold mines, and the Cordero mine development project. The Company produces dore which contains both gold and silver. The dore is further processed to produce refined metals.

Soma Gold Headlines

From GuruFocus

SOMA GOLD REPORTS SECOND-QUARTER FINANCIAL RESULTS AND OPERATING HIGHLIGHTS

By PRNewswire • 08-29-2024