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Oceanic Iron Ore (TSXV:FEO) Tax Rate % : 0.00% (As of Jun. 2024)


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What is Oceanic Iron Ore Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Oceanic Iron Ore's Tax Expense for the three months ended in Jun. 2024 was C$0.00 Mil. Oceanic Iron Ore's Pre-Tax Income for the three months ended in Jun. 2024 was C$-2.34 Mil. Therefore, Oceanic Iron Ore's Tax Rate % for the quarter that ended in Jun. 2024 was 0.00%.


Oceanic Iron Ore Tax Rate % Historical Data

The historical data trend for Oceanic Iron Ore'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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Oceanic Iron Ore Tax Rate % Chart

Oceanic Iron Ore Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
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Oceanic Iron Ore Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Oceanic Iron Ore Tax Rate % Calculation

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

Oceanic Iron Ore'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 )
=0/0.052
=0.00 %

Oceanic Iron Ore's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=0/-2.336
=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.


Oceanic Iron Ore Tax Rate % Related Terms

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Oceanic Iron Ore Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 3083, Three Bentall Centre, Vancouver, BC, CAN, V7X 1L3
Oceanic Iron Ore Corp is an exploration-stage company. It is engaged in the acquisition and exploration of iron ore properties in Quebec, Canada. The company focuses on the operations of the Ungava Bay iron property in Nunavik, Quebec which consists of three project areas: Hopes Advance, Morgan Lake, and Roberts Lake.
Executives
Gordon Keep Director, Senior Officer
Steven Dean Director
Bing Pan Senior Officer
John Reynolds Director