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TerrAscend (TSX:TSND) Tax Rate % : -203.98% (As of Sep. 2024)


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What is TerrAscend Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. TerrAscend's Tax Expense for the three months ended in Sep. 2024 was C$19.5 Mil. TerrAscend's Pre-Tax Income for the three months ended in Sep. 2024 was C$-9.5 Mil. Therefore, TerrAscend's Tax Rate % for the quarter that ended in Sep. 2024 was -203.98%.

TerrAscend Tax Rate % Historical Data

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

TerrAscend Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial -1.10 9.22 64.85 3.48 -39.86

TerrAscend Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 265.35 18.04 -186.69 238.86 -203.98

TerrAscend Tax Rate % Calculation

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

TerrAscend'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 )
=31.465/-78.93
=-39.86 %

TerrAscend's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=19.47/-9.545
=-203.98 %

* 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.

TerrAscend Tax Rate % Related Terms

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TerrAscend Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TerrAscend Corp (TSX:TSND) » Definitions » Tax Rate %
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Traded in Other Exchanges
TSNDF:USA TED:Germany
Address
77 City Centre Drive, Suite 501, East Tower, Mississauga, ON, CAN, L5B 1M5
Website
https://www.terrascend.com
TerrAscend Corp is a company focused on creating and delivering quality cannabis products and services that meet the evolving needs of its patients. It also provides education and support programs to physicians and patients through healthcare professionals. It has one operating segment, being cultivation, production, and sale of cannabis products, with subsidiaries located in Canada and the United States.
Executives
Jason Wild 10% Security Holder, Director
Lisa Swartzman Director
Ziad Ghanem Senior Officer
Keith Stauffer Senior Officer
Edward James Schutter Director
Adam Kozak Senior Officer

TerrAscend Headlines

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