TDNT (Trident Brands) Tax Expense: $0.00 Mil (TTM As of May. 2022)

What is Trident Brands Tax Expense?

Trident Brands TDNT Tax Expense is $0.00 Mil as of May. 2022.

Trident Brands's tax expense for the months ended in May. 2022 was $0.00 Mil. Its tax expense for the trailing twelve months (TTM) ended in May. 2022 was $0.00 Mil.

Trident Brands (OTCPK:TDNT) 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.

Trident Brands Tax Expense Related Terms

Trident Brands Tax Expense Historical Data

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The historical data trend for Trident Brands'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.

Trident Brands Tax Expense Chart

Trident Brands Annual Data

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Trident Brands Quarterly Data
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Tax Expense	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

Trident Brands 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 May. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Frequently Asked Questions Learn more about Tax Expense →

What does a Tax Expense of $0.00 Mil mean?

Trident Brands (TDNT) has a Tax Expense of $0.00 Mil as of May. 2022. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Trident Brands and its competitors.

Is Trident Brands' Tax Expense too high?

Trident Brands' current Tax Expense is $0.00 Mil.

How does Trident Brands' Tax Expense compare to SKVI and QNTA?

Trident Brands' Tax Expense of $0.00 Mil 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 Expense for a Consumer Packaged Goods company?

A good Tax Expense depends on the Consumer Packaged Goods industry context. However, Tax Expense 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 Expense mean?

A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Trident Brands and its competitors. Trident Brands's current Tax Expense is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Trident Brands stock overvalued right now?

Trident Brands (TDNT) has a current Tax Expense of $0.00 Mil. The current Tax Expense is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Tax Expense calculated?

Tax Expense is calculated from a company's financial statements. For Trident Brands (TDNT), the current Tax Expense is $0.00 Mil as of May. 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.

Trident Brands Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies SKVI QNTA SNBH TANH PG XPAR:OR LSE:ULVR EL BOM:500696 CL LSE:RKT KMB XTER:HEN3 XTER:BEI CHD TSE:8113 TSE:4452 OSTO:ESSITY B CLX TSE:4911

Address 433 Plaza Real, Suite 275, Boca Raton, FL, USA, 33432

Website http://www.tridentbrands.com

Trident Brands Inc is a consumer product company. It is focused on developing high growth branded and private label consumer products and ingredients within the nutritional supplement, life sciences, and food and beverage categories. It offers consumer products, including nutritional products and supplements under the Everlast and Brain Armor brands. The company's brands focus on supplements, nutritional products, and heart and brain health categories. In addition, the firm also offers various banking facilities. Geographically business activity functions through the region of the United States and derives a majority of its revenue from the sale of products.