GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Rubellite Energy Inc (TSX:RBY) » Definitions » Tax Rate %

Rubellite Energy (TSX:RBY) Tax Rate % : 54.32% (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Rubellite Energy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Rubellite Energy's Tax Expense for the three months ended in Dec. 2023 was C$11.33 Mil. Rubellite Energy's Pre-Tax Income for the three months ended in Dec. 2023 was C$20.85 Mil. Therefore, Rubellite Energy's Tax Rate % for the quarter that ended in Dec. 2023 was 54.32%.


Rubellite Energy Tax Rate % Historical Data

The historical data trend for Rubellite Energy'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.

* Premium members only.

Rubellite Energy Tax Rate % Chart

Rubellite Energy Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
- -150.87 30.23

Rubellite Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only -376.71 29.47 372.85 14.14 54.32

Rubellite Energy Tax Rate % Calculation

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

Rubellite Energy'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 )
=8.042/26.603
=30.23 %

Rubellite Energy'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 )
=11.325/20.848
=54.32 %

* 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.


Rubellite Energy Tax Rate % Related Terms

Thank you for viewing the detailed overview of Rubellite Energy's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Rubellite Energy (TSX:RBY) Business Description

Traded in Other Exchanges
Address
605 5 Avenue SW, Suite 3200, Calgary, AB, CAN, T2P 3H5
Rubellite Energy Inc is a Canadian energy company. It is focused on Clearwater oil exploration and development utilizing multi-lateral horizontal drilling technology. The Clearwater is a high rate of return play with compelling economics at current forward market prices for Western Canadian Select crude oil.

Rubellite Energy (TSX:RBY) Headlines

No Headlines