TRAX (First Tracks Biotherapeutics) Tax Rate %: 0.00% (As of Dec. 2024)

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TRAX First Tracks Biotherapeutics Inc TRAX
12 GF Score
Price $44.64
! 2 Warning Signs
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What is First Tracks Biotherapeutics Tax Rate %?

First Tracks Biotherapeutics TRAX +1.36% 12 Tax Rate % is 0.00% as of Dec. 2024. GuruFocus rates TRAX with a GF Score™ of 12/100. The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. First Tracks Biotherapeutics's Tax Expense for the six months ended in Dec. 2024 was $0.00 Mil. First Tracks Biotherapeutics's Pre-Tax Income for the six months ended in Dec. 2024 was $-163.71 Mil. Therefore, First Tracks Biotherapeutics's Tax Rate % for the quarter that ended in Dec. 2024 was 0.00%.

First Tracks Biotherapeutics Tax Rate % Related Terms

First Tracks Biotherapeutics Tax Rate % Historical Data

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The historical data trend for First Tracks Biotherapeutics'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.

First Tracks Biotherapeutics Tax Rate % Chart

First Tracks Biotherapeutics Annual Data
Trend Dec23 Dec24
Tax Rate %
0.00 0.00

First Tracks Biotherapeutics Semi-Annual Data
Dec23 Dec24
Tax Rate % 0.00 0.00
TRAX
12GF Score
First Tracks Biotherapeutics Inc TRAX
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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First Tracks Biotherapeutics Tax Rate % Calculation

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

First Tracks Biotherapeutics's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=0/-163.705
=0.00 %

First Tracks Biotherapeutics's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=0/-163.705
=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?
First Tracks Biotherapeutics (TRAX) has a Tax Rate % of 0.00% as of Dec. 2024.
Is First Tracks Biotherapeutics' Tax Rate % too high?
First Tracks Biotherapeutics' current Tax Rate % is 0.00%. Overall, First Tracks Biotherapeutics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does First Tracks Biotherapeutics' Tax Rate % compare to AVLN and IMTX?
First Tracks Biotherapeutics' Tax Rate % of 0.00% can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Tax Rate % depends on the Biotechnology 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. First Tracks Biotherapeutics'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 First Tracks Biotherapeutics stock overvalued right now?
First Tracks Biotherapeutics (TRAX) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. First Tracks Biotherapeutics' overall GF Score™ is 12/100 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 First Tracks Biotherapeutics (TRAX), the current Tax Rate % is 0.00% as of Dec. 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.

First Tracks Biotherapeutics Business Description

Other Exchanges B43:Germany
Address 10770 Wateridge Circle, Suite 210, San Diego, CA, USA, 92121
First Tracks Biotherapeutics Inc is a clinical-stage biotechnology company focused on delivering immunology therapeutics for autoimmune and inflammatory diseases. Its clinical-stage pipeline includes rosnilimab, a selective pathogenic T cell depleter, for which it completed a Phase 2b trial for the treatment of moderate-to-severe rheumatoid arthritis (RA), ANB033, a CD122 antagonist, in a Phase 1b trial for celiac disease (CeD) and eosinophilic esophagitis (EoE), and ANB101, a BDCA2 modulator, in a Phase 1a trial. The company operates in one reportable segment focused on research and development activities to deliver immunology therapeutics for autoimmune and inflammatory diseases.
12GF Score

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$44.64
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