SOL Global Investments (XCNQ:SOL) Tax Rate % : 26.49% (As of Aug. 2024)

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What is SOL Global Investments Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. SOL Global Investments's Tax Expense for the three months ended in Aug. 2024 was C$-1.08 Mil. SOL Global Investments's Pre-Tax Income for the three months ended in Aug. 2024 was C$-4.07 Mil. Therefore, SOL Global Investments's Tax Rate % for the quarter that ended in Aug. 2024 was 26.49%.

SOL Global Investments Tax Rate % Historical Data

The historical data trend for SOL Global Investments'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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SOL Global Investments Tax Rate % Chart

SOL Global Investments Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Mar18

Mar19

Nov20

Nov21

Nov22

Nov23

Tax Rate %

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14.23

16.92

0.78

-4.93

31.69

SOL Global Investments Quarterly Data
	Sep19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Tax Rate %	Get a 7-Day Free Trial															26.50	42.96	26.50	86.98	26.49

SOL Global Investments Tax Rate % Calculation

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

SOL Global Investments's Tax Rate % for the fiscal year that ended in Nov. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Nov. 2023 )	/	Pre-Tax Income (A: Nov. 2023 )
	=	-15.833	/	-49.967
	=	31.69 %

SOL Global Investments's Tax Rate % for the quarter that ended in Aug. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Aug. 2024 )	/	Pre-Tax Income (Q: Aug. 2024 )
	=	-1.078	/	-4.069
	=	26.49 %

SOL Global Investments Tax Rate % Related Terms

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SOL Global Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » SOL Global Investments Corp (XCNQ:SOL) » Definitions » Tax Rate %

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SOLCF:USA 9SB:Germany

Address

100 King Street West, Suite 5600, Toronto, ON, CAN, M5X 1C9

Website

https://www.solglobal.com

SOL Global Investments Corp is a cannabis company with a focus on legal U.S. states. Its strategic investments and partnerships across cultivation, distribution and retail complement the company's R&D program with the University of Miami. It is also involved in Retail, Agriculture, Quick Service Restaurants & Hospitality, Media Technology & Gaming, Energy and New Age Wellness.

Executives