Electric Royalties (TSXV:ELEC) Tax Rate % : 0.00% (As of Mar. 2024)

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What is Electric Royalties Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Electric Royalties's Tax Expense for the three months ended in Mar. 2024 was C$0.00 Mil. Electric Royalties's Pre-Tax Income for the three months ended in Mar. 2024 was C$-0.50 Mil. Therefore, Electric Royalties's Tax Rate % for the quarter that ended in Mar. 2024 was 0.00%.

Electric Royalties Tax Rate % Historical Data

The historical data trend for Electric Royalties'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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Electric Royalties Tax Rate % Chart

Electric Royalties Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

-1.50

-1.05

0.33

Electric Royalties Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial														11.60	6.88	-13.71	0.72	-

Electric Royalties Tax Rate % Calculation

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

Electric Royalties'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 )
	=	-0.02	/	-6.019
	=	0.33 %

Electric Royalties's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	0	/	-0.501
	=	0.00 %

Electric Royalties Tax Rate % Related Terms

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Electric Royalties (TSXV:ELEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Electric Royalties Ltd (TSXV:ELEC) » Definitions » Tax Rate %

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Traded in Other Exchanges

ELECF:USA

Address

1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1

Website

https://www.electricroyalties.com

Electric Royalties Ltd is a royalty company established to take advantage of the demand for a wide range of commodities such as lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc and copper that will benefit from the drive toward electrification of a variety of consumer products such as cars, rechargeable batteries, large scale energy storage, renewable energy generation and other applications. The Company's mineral royalty interests and deferred transaction costs, and investment in an associate are located in the following locations: Canada, United States of America, Southern Hemisphere, Norway and Others.

Executives

Stefan Gleason

10% Security Holder, Director

Electric Royalties (TSXV:ELEC) Headlines

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