Goldflare Exploration (Goldflare Exploration) Tax Rate % : 66.15% (As of Nov. 2023)

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What is Goldflare Exploration Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Goldflare Exploration's Tax Expense for the three months ended in Nov. 2023 was $-0.04 Mil. Goldflare Exploration's Pre-Tax Income for the three months ended in Nov. 2023 was $-0.07 Mil. Therefore, Goldflare Exploration's Tax Rate % for the quarter that ended in Nov. 2023 was 66.15%.

Goldflare Exploration Tax Rate % Historical Data

The historical data trend for Goldflare Exploration'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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Goldflare Exploration Tax Rate % Chart

Goldflare Exploration Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Tax Rate %

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9.79

3.35

505.26

1.38

8.56

Goldflare Exploration Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Tax Rate %	Get a 7-Day Free Trial															12.82	20.86	92.59	16.67	66.15

Goldflare Exploration Tax Rate % Calculation

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

Goldflare Exploration's Tax Rate % for the fiscal year that ended in Feb. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Feb. 2023 )	/	Pre-Tax Income (A: Feb. 2023 )
	=	-0.044	/	-0.514
	=	8.56 %

Goldflare Exploration's Tax Rate % for the quarter that ended in Nov. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Nov. 2023 )	/	Pre-Tax Income (Q: Nov. 2023 )
	=	-0.043	/	-0.065
	=	66.15 %

Goldflare Exploration Tax Rate % Related Terms

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Goldflare Exploration (Goldflare Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Goldflare Exploration Inc (OTCPK:TYPFF) » Definitions » Tax Rate %

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GOFL:Canada

Address

458, des Laurentides Boulevard, Piedmont, QC, CAN, J0R 1K0

Website

https://www.goldflare.ca

Goldflare Exploration Inc is a mineral exploration company that owns a diversified portfolio of properties. The company is the sole owner of the Aiguebelle-Goldfields, Ranger, Windfall, and Syenite Condor Properties; and it holds 50% of the Destorbelle Property. All of its properties are located in Quebec.