The Westaim (TSXV:WED) Tax Rate % : 5.75% (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is The Westaim Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. The Westaim's Tax Expense for the three months ended in Dec. 2023 was C$2.9 Mil. The Westaim's Pre-Tax Income for the three months ended in Dec. 2023 was C$49.9 Mil. Therefore, The Westaim's Tax Rate % for the quarter that ended in Dec. 2023 was 5.75%.

The Westaim Tax Rate % Historical Data

The historical data trend for The Westaim'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.

* Premium members only.

The Westaim Tax Rate % Chart

The Westaim Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

9.91

-0.33

0.78

-2.03

1.23

The Westaim Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															-0.57	0.29	-0.14	-0.30	5.75

The Westaim Tax Rate % Calculation

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

The Westaim'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 )
	=	3.084	/	249.915
	=	1.23 %

The Westaim's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	2.872	/	49.917
	=	5.75 %

The Westaim Tax Rate % Related Terms

Thank you for viewing the detailed overview of The Westaim's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

The Westaim (TSXV:WED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Westaim Corp (TSXV:WED) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

WEDXF:USA WEM1:Germany

Address

70 York Street, Suite 1700, Toronto, ON, CAN, M5J 1S9

Website

https://www.westaim.com

The Westaim Corp is a Canada-based investment company, engaged in providing long-term capital to businesses operating mainly within the financial services industry. It invests, directly and indirectly, through acquisitions, joint ventures, and other arrangements, to provide its shareholders with capital appreciation and real wealth preservation. The group seeks to acquire debt, equity, or derivative securities of both public and private companies. The company derives revenue mostly from interest income and dividend income. Geographically, it has a business presence in the U.S., Asia Pacific, Canada, Europe, and other countries.

The Westaim (TSXV:WED) Headlines

No Headlines