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Advance Lithium (TSXV:AALI.H) Tax Rate % : 0.00% (As of Feb. 2023)


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What is Advance Lithium Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Advance Lithium's Tax Expense for the three months ended in Feb. 2023 was C$0.00 Mil. Advance Lithium's Pre-Tax Income for the three months ended in Feb. 2023 was C$-0.09 Mil. Therefore, Advance Lithium's Tax Rate % for the quarter that ended in Feb. 2023 was 0.00%.


Advance Lithium Tax Rate % Historical Data

The historical data trend for Advance Lithium'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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Advance Lithium Tax Rate % Chart

Advance Lithium Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Tax Rate %
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Advance Lithium Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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Advance Lithium Tax Rate % Calculation

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

Advance Lithium's Tax Rate % for the fiscal year that ended in May. 2022 is calculated as

Tax Rate %=Tax Expense (A: May. 2022 )/Pre-Tax Income (A: May. 2022 )
=0/-3.555
=0.00 %

Advance Lithium's Tax Rate % for the quarter that ended in Feb. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Feb. 2023 )/Pre-Tax Income (Q: Feb. 2023 )
=0/-0.087
=0.00 %

* 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.


Advance Lithium Tax Rate % Related Terms

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Advance Lithium (TSXV:AALI.H) Business Description

Traded in Other Exchanges
Address
432 Royal Avenue, Kamloops, BC, CAN, V2B 3P7
Advance Lithium Corp is a junior exploration company focused on exploring and acquiring mineral properties containing lithium, precious metals and fertilizer minerals. The company has approximately 13 lithium-potassium-boron salars and a pilot plant designed and built using a patented extraction method to process lithium in a green manner.

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