Foraco International (TSX:FAR) Tax Rate % : 37.07% (As of Dec. 2023)

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What is Foraco International Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Foraco International's Tax Expense for the three months ended in Dec. 2023 was C$2.0 Mil. Foraco International's Pre-Tax Income for the three months ended in Dec. 2023 was C$5.3 Mil. Therefore, Foraco International's Tax Rate % for the quarter that ended in Dec. 2023 was 37.07%.

Foraco International Tax Rate % Historical Data

The historical data trend for Foraco International'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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Foraco International Tax Rate % Chart

Foraco International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-5.41

11.58

20.37

25.46

27.19

Foraco International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															21.13	24.84	28.09	25.49	37.07

Foraco International Tax Rate % Calculation

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

Foraco International'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 )
	=	16.991	/	62.493
	=	27.19 %

Foraco International's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	1.972	/	5.319
	=	37.07 %

Foraco International Tax Rate % Related Terms

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Foraco International (TSX:FAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Foraco International SA (TSX:FAR) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

FRACF:USA 3F3:Germany

Address

26, Plage de l’Estaque, Marseille, FRA, 13016

Website

https://www.foraco.com

Foraco International SA is the business of providing mineral and water drilling services and hydraulic drilling. It specializes in drilling in harsh environments and isolated locations including desert, and mountainous regions. The principal sources of revenue consist of drilling contracts for companies involved in mining and water exploration. The principal sources of revenue consist of drilling contracts for companies primarily involved in mining and water exploration. The group has its operations in Europe, the Middle East and Africa, North America, South America and the Asia Pacific.

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