VGFCQ (The Very Good Food Co) Tax Rate %: 0.00% (As of Sep. 2022)


VGFCQ The Very Good Food Co Inc VGFCQ
12 GF Score
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What is The Very Good Food Co Tax Rate %?

The Very Good Food Co VGFCQ -99.98% 12 Tax Rate % is 0.00% as of Sep. 2022. GuruFocus rates VGFCQ with a GF Score™ of 12/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. The Very Good Food Co's Tax Expense for the three months ended in Sep. 2022 was $0.00 Mil. The Very Good Food Co's Pre-Tax Income for the three months ended in Sep. 2022 was $-1.15 Mil. Therefore, The Very Good Food Co's Tax Rate % for the quarter that ended in Sep. 2022 was 0.00%.

The Very Good Food Co Tax Rate % Related Terms

The Very Good Food Co Tax Rate % Historical Data

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The historical data trend for The Very Good Food Co'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.

The Very Good Food Co Tax Rate % Chart

The Very Good Food Co Annual Data
Trend Dec19 Dec20 Dec21
Tax Rate %
0.00 0.00 0.00

The Very Good Food Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.00 0.00 0.00 0.00 0.00
VGFCQ
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The Very Good Food Co Inc VGFCQ
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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The Very Good Food Co Tax Rate % Calculation

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

The Very Good Food Co's Tax Rate % for the fiscal year that ended in Dec. 2021 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2021 )/Pre-Tax Income (A: Dec. 2021 )
=0/-42.625
=0.00 %

The Very Good Food Co's Tax Rate % for the quarter that ended in Sep. 2022 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2022 )/Pre-Tax Income (Q: Sep. 2022 )
=0/-1.149
=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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.00% mean?
The Very Good Food Co (VGFCQ) has a Tax Rate % of 0.00% as of Sep. 2022.
Is The Very Good Food Co's Tax Rate % too high?
The Very Good Food Co's current Tax Rate % is 0.00%. Overall, The Very Good Food Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does The Very Good Food Co's Tax Rate % compare to KHC and GIS?
The Very Good Food Co's Tax Rate % of 0.00% can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Consumer Packaged Goods company?
A good Tax Rate % depends on the Consumer Packaged Goods industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. The Very Good Food Co's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Very Good Food Co stock overvalued right now?
The Very Good Food Co (VGFCQ) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. The Very Good Food Co's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For The Very Good Food Co (VGFCQ), the current Tax Rate % is 0.00% as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

The Very Good Food Co Business Description

Address 2748 Rupert Street, Vancouver, BC, CAN, M4W 3P4
The Very Good Food Co Inc operates in the food industry. The company is a food technology company that designs, develops, produces, distributes, and sells a variety of plant-based meat and other food alternatives.
12GF Score

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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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