MTL Cannabis (STU:J4E) Tax Rate % : 5.73% (As of Sep. 2023)

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What is MTL Cannabis Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MTL Cannabis's Tax Expense for the three months ended in Sep. 2023 was €0.08 Mil. MTL Cannabis's Pre-Tax Income for the three months ended in Sep. 2023 was €1.47 Mil. Therefore, MTL Cannabis's Tax Rate % for the quarter that ended in Sep. 2023 was 5.73%.

MTL Cannabis Tax Rate % Historical Data

The historical data trend for MTL Cannabis'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.

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MTL Cannabis Tax Rate % Chart

MTL Cannabis Annual Data

Trend

Mar21

Mar22

Mar23

Tax Rate %

27.58

46.11

20.85

MTL Cannabis Quarterly Data
	Mar21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial			-	-	-7.44	5.73	-

MTL Cannabis Tax Rate % Calculation

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

MTL Cannabis's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	-0.398	/	-1.909
	=	20.85 %

MTL Cannabis's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	0.084	/	1.465
	=	5.73 %

MTL Cannabis Tax Rate % Related Terms

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MTL Cannabis (STU:J4E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » MTL Cannabis Corp (STU:J4E) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

J4E:Germany MTLC:Canada

Address

1773 Bayly Street, Pickering, ON, CAN, L1W 2Y7

Website

https://www.mtlcannabis.ca

MTL Cannabis Corp is a flower-first company built for the modern street, MTL Cannabis uses proprietary hydroponic growing methodologies supported by handcrafted techniques to produce products that are truly crafted for the masses. The company focuses on craft quality cannabis products, including lines of dried flower, pre-rolls and hash marketed under the MTL Cannabis, Low Key by MTL and R'belle brands for the Canadian market through nine distribution arrangements with various provincial cannabis distributors. It has also developed a number of export channels for bulk and unbranded GACP quality cannabis.

MTL Cannabis (STU:J4E) Headlines

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