Major Drilling Group International (TSX:MDI) Tax Rate % : 8.52% (As of Jan. 2025)

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What is Major Drilling Group International Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Major Drilling Group International's Tax Expense for the three months ended in Jan. 2025 was C$-0.8 Mil. Major Drilling Group International's Pre-Tax Income for the three months ended in Jan. 2025 was C$-9.9 Mil. Therefore, Major Drilling Group International's Tax Rate % for the quarter that ended in Jan. 2025 was 8.52%.

Major Drilling Group International Tax Rate % Historical Data

The historical data trend for Major Drilling Group 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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Major Drilling Group International Tax Rate % Chart

Major Drilling Group International Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Tax Rate %

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-27.74

26.14

21.94

23.21

25.25

Major Drilling Group International Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Tax Rate %	Get a 7-Day Free Trial															-66.57	19.43	23.65	26.46	8.52

Major Drilling Group International Tax Rate % Calculation

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

Major Drilling Group International's Tax Rate % for the fiscal year that ended in Apr. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Apr. 2024 )	/	Pre-Tax Income (A: Apr. 2024 )
	=	17.928	/	71.013
	=	25.25 %

Major Drilling Group International's Tax Rate % for the quarter that ended in Jan. 2025 is calculated as

Tax Rate %	=	Tax Expense (Q: Jan. 2025 )	/	Pre-Tax Income (Q: Jan. 2025 )
	=	-0.848	/	-9.949
	=	8.52 %

Major Drilling Group International Tax Rate % Related Terms

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Major Drilling Group International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Major Drilling Group International Inc (TSX:MDI) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MJDLF:USA 3MJ:Germany

Address

111 St. George Street, Suite 100, Moncton, NB, CAN, E1C 1T7

Website

https://www.majordrilling.com

Major Drilling Group International Inc is engaged in the business of contract drilling, and it provides services to companies that are involved in mining and mineral exploration. It offers surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, and underground percussive/long-hole drilling services, as well as various drilling-related mine services. Its geographical segments are Canada - the United States; South and Central America; and Australasia and Africa, of which majority of its revenue comes from Canada - the United States.

Executives

Ghislain Leblanc	Senior Officer
Benjamin Luke Graham	Senior Officer
Barry Lee Zerbin	Senior Officer
John Ross Davies	Senior Officer
Louis-pierre Gignac	Director
Denis Joseph Larocque	Senior Officer
Kimberly Keating	Director
Ashley Sedrick Martin	Senior Officer
Ian Ross	Senior Officer
Marc Landry	Senior Officer
Jo Mark Zurel	Director
Janice Gaye Rennie	Director
Robert Ljubomir Krcmarov	Director
L.p. Mill Road Capital Iii	10% Security Holder
James Andrew Mclaughlin	Senior Officer

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