iFabric (TSX:IFA) Tax Rate % : 32.31% (As of Jun. 2023)

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What is iFabric Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. iFabric's Tax Expense for the three months ended in Jun. 2023 was C$0.06 Mil. iFabric's Pre-Tax Income for the three months ended in Jun. 2023 was C$0.20 Mil. Therefore, iFabric's Tax Rate % for the quarter that ended in Jun. 2023 was 32.31%.

iFabric Tax Rate % Historical Data

The historical data trend for iFabric'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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iFabric Tax Rate % Chart

iFabric Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Tax Rate %

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31.91

32.43

19.90

11.99

21.93

iFabric Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Tax Rate %	Get a 7-Day Free Trial															28.51	-11.76	2.22	21.37	32.31

iFabric Tax Rate % Calculation

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

iFabric's Tax Rate % for the fiscal year that ended in Sep. 2021 is calculated as

Tax Rate %	=	Tax Expense (A: Sep. 2021 )	/	Pre-Tax Income (A: Sep. 2021 )
	=	0.667	/	3.042
	=	21.93 %

iFabric's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2023 )	/	Pre-Tax Income (Q: Jun. 2023 )
	=	0.063	/	0.195
	=	32.31 %

iFabric Tax Rate % Related Terms

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iFabric (TSX:IFA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » iFabric Corp (TSX:IFA) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

IFABF:USA

Address

525 Denison Street, Unit 1, Markham, ON, CAN, L3R 1B8

Website

https://www.ifabriccorp.com

iFabric Corp is engaged in the business of women's intimate apparel. It has three business segments. The Intimate apparel segment is involved in the design and distribution of women's intimate apparel, and accessories. Its Intelligent fabric segment develops and distributes innovative products and treatments that are suitable for application to textiles, plastics, liquids, and hard surfaces as well as finished performance apparel. The other segment engages in the leasing of property to group companies, related parties, and third parties. Its geographical segments include Canada, United States, United Kingdom, and Southeast Asia & others. The company derives the majority of its revenue from the Intimate apparel segment and its geographical location of Canada.

Executives

Mark Cochran

Director

iFabric (TSX:IFA) Headlines

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