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NEXE Innovations (TSXV:NEXE) Tax Rate % : -0.26% (As of Feb. 2024)


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What is NEXE Innovations Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NEXE Innovations's Tax Expense for the three months ended in Feb. 2024 was C$0.00 Mil. NEXE Innovations's Pre-Tax Income for the three months ended in Feb. 2024 was C$-1.13 Mil. Therefore, NEXE Innovations's Tax Rate % for the quarter that ended in Feb. 2024 was -0.26%.

NEXE Innovations Tax Rate % Historical Data

The historical data trend for NEXE Innovations'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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NEXE Innovations Tax Rate % Chart

NEXE Innovations Annual Data
Trend May20 May21 May22 May23
Tax Rate %
- - - -

NEXE Innovations Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - - - -0.26

NEXE Innovations Tax Rate % Calculation

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

NEXE Innovations's Tax Rate % for the fiscal year that ended in May. 2023 is calculated as

Tax Rate %=Tax Expense (A: May. 2023 )/Pre-Tax Income (A: May. 2023 )
=0/-6.137
=0.00 %

NEXE Innovations's Tax Rate % for the quarter that ended in Feb. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Feb. 2024 )/Pre-Tax Income (Q: Feb. 2024 )
=0.003/-1.133
=-0.26 %

* 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.

NEXE Innovations Tax Rate % Related Terms

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NEXE Innovations (TSXV:NEXE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » NEXE Innovations Inc (TSXV:NEXE) » Definitions » Tax Rate %
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Traded in Other Exchanges
NEXNF:USA NX5:Germany
Address
19355 22nd Avenue, Suite 109, Surrey, BC, CAN, V3Z3S6
Website
https://www.nexeinnovations.com
NEXE Innovations Inc is a plant-based compostable technology and materials manufacturing based in British Columbia, Canada. The Company has developed patented, fully compostable, plant-based, single-serve coffee pods for use in single-serve coffee machines. The NEXE Pod is fully compostable, single-use pod will offer the market an environmentally friendly alternative to the over billions of plastic and aluminum pod market.
Executives
Ashvani Guglani Director

NEXE Innovations (TSXV:NEXE) Headlines

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