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Vitreous Glass (TSXV:VCI) Tax Rate % : 25.00% (As of Sep. 2024)


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What is Vitreous Glass Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Vitreous Glass's Tax Expense for the three months ended in Sep. 2024 was C$0.18 Mil. Vitreous Glass's Pre-Tax Income for the three months ended in Sep. 2024 was C$0.70 Mil. Therefore, Vitreous Glass's Tax Rate % for the quarter that ended in Sep. 2024 was 25.00%.

Vitreous Glass Tax Rate % Historical Data

The historical data trend for Vitreous Glass'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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Vitreous Glass Tax Rate % Chart

Vitreous Glass Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.85 22.69 23.76 23.05 23.78

Vitreous Glass 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 20.49 23.58 23.16 23.55 25.00

Vitreous Glass Tax Rate % Calculation

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

Vitreous Glass's Tax Rate % for the fiscal year that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (A: Sep. 2024 )/Pre-Tax Income (A: Sep. 2024 )
=0.748/3.145
=23.78 %

Vitreous Glass'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 )
=0.175/0.7
=25.00 %

* 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.

Vitreous Glass Tax Rate % Related Terms

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Vitreous Glass Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Vitreous Glass Inc (TSXV:VCI) » Definitions » Tax Rate %
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Traded in Other Exchanges
VCIGF:USA
Address
212 East Lake Boulevard, Airdrie, AB, CAN, T4A 0H5
Website
https://www.vitreousglass.ca
Vitreous Glass Inc cleans, crushes, and sells waste glass to the fiberglass manufacturing industry. The company also removes the contaminates and crushes the glass to sand and then this sand is sold to fiberglass insulation manufacturers as furnace ready cullet for use in their production facilities. Its sole source of revenue is generated by providing crushed glass to its customers.
Executives
Darcy Forbes Senior Officer
Timothy Howard Rendell Senior Officer
John Patrick Cashion 10% Security Holder, Director, Senior Officer

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