SPTKW (SportsTek Acquisition) Tax Rate %: 20.77% (As of Sep. 2022)

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SPTKW SportsTek Acquisition Corp SPTKW
24 GF Score
Price $0.00
! 2 Warning Signs
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What is SportsTek Acquisition Tax Rate %?

SportsTek Acquisition SPTKW 24 Tax Rate % is 20.77% as of Sep. 2022. GuruFocus rates SPTKW with a GF Score™ of 24/100. The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. SportsTek Acquisition's Tax Expense for the three months ended in Sep. 2022 was $0.14 Mil. SportsTek Acquisition's Pre-Tax Income for the three months ended in Sep. 2022 was $0.68 Mil. Therefore, SportsTek Acquisition's Tax Rate % for the quarter that ended in Sep. 2022 was 20.77%.

SportsTek Acquisition Tax Rate % Related Terms

SportsTek Acquisition Tax Rate % Historical Data

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The historical data trend for SportsTek Acquisition'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.

SportsTek Acquisition Tax Rate % Chart

SportsTek Acquisition Annual Data
Trend Dec20 Dec21
Tax Rate %
0.00 0.00

SportsTek Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Tax Rate % Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 20.77
SPTKW
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SportsTek Acquisition Corp SPTKW
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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SportsTek Acquisition Tax Rate % Calculation

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

SportsTek Acquisition's Tax Rate % for the fiscal year that ended in Dec. 2021 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2021 )/Pre-Tax Income (A: Dec. 2021 )
=0/4.866
=0.00 %

SportsTek Acquisition's Tax Rate % for the quarter that ended in Sep. 2022 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2022 )/Pre-Tax Income (Q: Sep. 2022 )
=0.141/0.679
=20.77 %

* 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 20.77% mean?
SportsTek Acquisition (SPTKW) has a Tax Rate % of 20.77% as of Sep. 2022.
Is SportsTek Acquisition's Tax Rate % too high?
SportsTek Acquisition's current Tax Rate % is 20.77%. Overall, SportsTek Acquisition has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does SportsTek Acquisition's Tax Rate % compare to TCOA and PHIC?
SportsTek Acquisition's Tax Rate % of 20.77% 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. SportsTek Acquisition's current Tax Rate % is 20.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SportsTek Acquisition stock overvalued right now?
SportsTek Acquisition (SPTKW) has a current Tax Rate % of 20.77%. The current Tax Rate % is 20.77%. SportsTek Acquisition's overall GF Score™ is 24/100 with 2 warning signs 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 SportsTek Acquisition (SPTKW), the current Tax Rate % is 20.77% as of Sep. 2022. 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.

SportsTek Acquisition Business Description

Address 2200 S. Utica Place, Suite 450, Tulsa, OK, USA, 74114
SportsTek Acquisition Corp is a blank check company.
24GF 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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