SNTAF (Strategic Minerals Europe) Tax Rate %: 1.53% (As of Jun. 2024)

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What is Strategic Minerals Europe Tax Rate %?

Strategic Minerals Europe SNTAF -99.80% Tax Rate % is 1.53% as of Jun. 2024.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Strategic Minerals Europe's Tax Expense for the three months ended in Jun. 2024 was $-0.02 Mil. Strategic Minerals Europe's Pre-Tax Income for the three months ended in Jun. 2024 was $-1.30 Mil. Therefore, Strategic Minerals Europe's Tax Rate % for the quarter that ended in Jun. 2024 was 1.53%.

Strategic Minerals Europe Tax Rate % Related Terms

Strategic Minerals Europe Tax Rate % Historical Data

* Premium members only.

The historical data trend for Strategic Minerals Europe'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.

Strategic Minerals Europe Tax Rate % Chart

Strategic Minerals Europe Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
0.00 0.00 0.00 0.00 -0.82

Strategic Minerals Europe Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.00 -15.37 0.00 0.00 1.53

Strategic Minerals Europe Tax Rate % Calculation

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

Strategic Minerals Europe'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 )
=0.137/-16.804
=-0.82 %

Strategic Minerals Europe's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=-0.02/-1.303
=1.53 %

* 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 1.53% mean?
Strategic Minerals Europe (SNTAF) has a Tax Rate % of 1.53% as of Jun. 2024.
Is Strategic Minerals Europe's Tax Rate % too high?
Strategic Minerals Europe's current Tax Rate % is 1.53%.
How does Strategic Minerals Europe's Tax Rate % compare to RNGG?
Strategic Minerals Europe's Tax Rate % of 1.53% can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Tax Rate % depends on the Metals & Mining 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. Strategic Minerals Europe's current Tax Rate % is 1.53%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strategic Minerals Europe stock overvalued right now?
Strategic Minerals Europe (SNTAF) has a current Tax Rate % of 1.53%. The current Tax Rate % is 1.53%. 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 Strategic Minerals Europe (SNTAF), the current Tax Rate % is 1.53% as of Jun. 2024. 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.

Strategic Minerals Europe Business Description

Address Calle Nunez de Balboa 116, 3 0, Office 2B, Madrid, ESP, 28006
Strategic Minerals Europe Corp is engaged in the identification, exploration, and development of mineral resource properties in Spain.