Magnet Forensics (TSX:MAGT) Tax Rate % : 39.93% (As of Dec. 2022)

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What is Magnet Forensics Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Magnet Forensics's Tax Expense for the three months ended in Dec. 2022 was C$3.8 Mil. Magnet Forensics's Pre-Tax Income for the three months ended in Dec. 2022 was C$9.5 Mil. Therefore, Magnet Forensics's Tax Rate % for the quarter that ended in Dec. 2022 was 39.93%.

Magnet Forensics Tax Rate % Historical Data

The historical data trend for Magnet Forensics'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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Magnet Forensics Tax Rate % Chart

Magnet Forensics Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

19.33

26.97

15.47

33.66

38.02

Magnet Forensics Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Tax Rate %	Get a 7-Day Free Trial									57.65	34.83	41.41	32.09	39.93

Magnet Forensics Tax Rate % Calculation

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

Magnet Forensics's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	3.054	/	8.033
	=	38.02 %

Magnet Forensics's Tax Rate % for the quarter that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2022 )	/	Pre-Tax Income (Q: Dec. 2022 )
	=	3.801	/	9.518
	=	39.93 %

Magnet Forensics Tax Rate % Related Terms

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Magnet Forensics (TSX:MAGT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Magnet Forensics Inc (TSX:MAGT) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2220 University Avenue East, Suite 300, Waterloo, ON, CAN, N2K0A8

Website

https://www.magnetforensics.com

Magnet Forensics Inc is a developer of digital investigation software. It acquires, analyzes, reports on, and manages evidence from digital sources, including computers, mobile devices, IoT devices and cloud services.

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