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Tethys Petroleum (TSXV:TPL) Tax Rate % : 129.48% (As of Sep. 2024)


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What is Tethys Petroleum Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tethys Petroleum's Tax Expense for the three months ended in Sep. 2024 was C$3.65 Mil. Tethys Petroleum's Pre-Tax Income for the three months ended in Sep. 2024 was C$2.82 Mil. Therefore, Tethys Petroleum's Tax Rate % for the quarter that ended in Sep. 2024 was 129.48%.

Tethys Petroleum Tax Rate % Historical Data

The historical data trend for Tethys Petroleum'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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Tethys Petroleum Tax Rate % Chart

Tethys Petroleum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.75 7.99 206.15 70.23 47.23

Tethys Petroleum 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 26.19 130.79 26.95 26.93 129.48

Tethys Petroleum Tax Rate % Calculation

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

Tethys Petroleum'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 )
=11.691/24.753
=47.23 %

Tethys Petroleum'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 )
=3.645/2.815
=129.48 %

* 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.

Tethys Petroleum Tax Rate % Related Terms

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Tethys Petroleum Business Description

Industry
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Address
190 Elgin Avenue, George Town, Grand Cayman, CYM, KY1-9005
Website
https://www.tethys-group.com
Tethys Petroleum Ltd is engaged in the acquisition of and exploration and development of crude oil and natural gas field. The company currently operated in Kazakhstan and others. Its projects include Kyzyloi Production Contract; Akkulka Exploration Contract and Kul-Bas Block.