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Velocity Minerals (TSXV:VLC) Tax Rate % : 0.00% (As of Mar. 2024)


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What is Velocity Minerals Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Velocity Minerals's Tax Expense for the three months ended in Mar. 2024 was C$0.00 Mil. Velocity Minerals's Pre-Tax Income for the three months ended in Mar. 2024 was C$-0.29 Mil. Therefore, Velocity Minerals's Tax Rate % for the quarter that ended in Mar. 2024 was 0.00%.


Velocity Minerals Tax Rate % Historical Data

The historical data trend for Velocity Minerals'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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Velocity Minerals Tax Rate % Chart

Velocity Minerals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
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Velocity Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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Velocity Minerals Tax Rate % Calculation

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

Velocity Minerals'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/-1.85
=0.00 %

Velocity Minerals'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/-0.287
=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.


Velocity Minerals Tax Rate % Related Terms

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Velocity Minerals (TSXV:VLC) Business Description

Traded in Other Exchanges
Address
999 West Hastings Street, Suite 890, Vancouver, BC, CAN, V6C 2W2
Velocity Minerals Ltd is a gold exploration and development company focused on eastern Europe. It is engaged in gold exploration in Bulgaria. It is focused on Tintyava Property, Nadezhda Property, Momchil Property, and Iglika Property in Bulgaria.
Executives
Robert Charles Kopple 10 percent owner

Velocity Minerals (TSXV:VLC) Headlines

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