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NLRCF (Northern Lights Resources) Tax Expense : $0.00 Mil (TTM As of Oct. 2024)


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What is Northern Lights Resources Tax Expense?

Northern Lights Resources's tax expense for the months ended in Oct. 2024 was $0.00 Mil. Its tax expense for the trailing twelve months (TTM) ended in Oct. 2024 was $0.00 Mil.


Northern Lights Resources Tax Expense Historical Data

The historical data trend for Northern Lights Resources's Tax Expense 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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Northern Lights Resources Tax Expense Chart

Northern Lights Resources Annual Data
Trend Apr12 Apr13 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Tax Expense
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Northern Lights Resources Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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Northern Lights Resources Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

* 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.


Northern Lights Resources  (OTCPK:NLRCF) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Northern Lights Resources Tax Expense Related Terms

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Northern Lights Resources Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9
Northern Lights Resources Corp is an exploration and development company. Its principal business activities include acquiring and exploring resource properties. The company owns the Secret Pass Gold Project in Arizona, United States.

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