TTNMF (Titanium Transportation Group) Tax Rate % : 85.10% (As of Jun. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Titanium Transportation Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Titanium Transportation Group's Tax Expense for the three months ended in Jun. 2024 was $-0.5 Mil. Titanium Transportation Group's Pre-Tax Income for the three months ended in Jun. 2024 was $-0.6 Mil. Therefore, Titanium Transportation Group's Tax Rate % for the quarter that ended in Jun. 2024 was 85.10%.

Titanium Transportation Group Tax Rate % Historical Data

The historical data trend for Titanium Transportation Group'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.

Titanium Transportation Group Tax Rate % Chart

Titanium Transportation Group Annual Data

Trend

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

35.44

29.33

34.51

25.92

29.39

Titanium Transportation Group Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Tax Rate %	Get a 7-Day Free Trial															28.88	-38.36	58.29	-214.38	85.10

Titanium Transportation Group Tax Rate % Calculation

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

Titanium Transportation Group'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 )
	=	3.173	/	10.798
	=	29.39 %

Titanium Transportation Group's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2024 )	/	Pre-Tax Income (Q: Jun. 2024 )
	=	-0.474	/	-0.557
	=	85.10 %

Titanium Transportation Group Tax Rate % Related Terms

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

Titanium Transportation Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Titanium Transportation Group Inc (OTCPK:TTNMF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

TTNM:Canada

Address

32 Simpson Road, Bolton, ON, CAN, L7E 1G9

Website

https://www.ttgi.com

Titanium Transportation Group Inc is assets-based transportation and logistics firm that provides services like truckload, dedicated, cross-border trucking services, freight logistics, warehousing, and distribution. The company operating segments namely, the Truck Transportation segment represents the pickup and delivery of full loads across Canada and the United States using a closed van, flatbed or other specialized equipment, and the logistics segment represents the brokering of freight across North America. Most of its revenue is earned through the Truck transportation segment. The group has a business presence in Canada and the United States.