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Avalon Acquisition (Avalon Acquisition) Tax Rate % : 53.54% (As of Mar. 2023)


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What is Avalon Acquisition Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Avalon Acquisition's Tax Expense for the three months ended in Mar. 2023 was $0.62 Mil. Avalon Acquisition's Pre-Tax Income for the three months ended in Mar. 2023 was $1.16 Mil. Therefore, Avalon Acquisition's Tax Rate % for the quarter that ended in Mar. 2023 was 53.54%.

Avalon Acquisition Tax Rate % Historical Data

The historical data trend for Avalon Acquisition'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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Avalon Acquisition Tax Rate % Chart

Avalon Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Tax Rate %
- - 8.45

Avalon Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 50.50 32.80 53.54

Avalon Acquisition Tax Rate % Calculation

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

Avalon Acquisition's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=0.758/8.969
=8.45 %

Avalon Acquisition's Tax Rate % for the quarter that ended in Mar. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2023 )/Pre-Tax Income (Q: Mar. 2023 )
=0.62/1.158
=53.54 %

* 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.

Avalon Acquisition Tax Rate % Related Terms

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Avalon Acquisition (Avalon Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Avalon Acquisition Inc (NAS:AVAC) » Definitions » Tax Rate %
Comparable Companies
ISLE IFIN WAVC TRCA IQMD FRW SHCA OCA BIOT DWIN GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
2 Embarcadero Center, 8th Floor, San Francisco, CA, USA, 94111
Website
https://www.avalonspac.com
Avalon Acquisition Inc is a blank check company.
Executives
Stuart H Bohart director C/O OMAM INC., 200 CLARENDON STREET, 53RD FLOOR, BOSTON MA 02116
Klinck John L. Jr. director C/O STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Donald H Putnam director, 10 percent owner, officer: Executive Chairman
Steven M Gluckstern director C/O AAMES FINANCIAL CORP, 350 S GRAND AVE 52ND FL, LOS ANGELES CA 90071-3406
John Griff officer: President 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Douglas C. Mangini director 10 INDIAN TERRACE, LOCUST NJ 07760
Craig S. Cognetti director, 10 percent owner, officer: Chief Executive Officer 2 14TH STREET APT 233, HOBOKEN NJ 07030
Rei-rung Rachel Hsu officer: Chief Financial Officer 3555 BLAIR CIR NE, BROOKHAVEN GA 30319
Avalon Acquisition Holdings Llc 10 percent owner 2 EMBARCADERO CENTER, FLOOR 8, SAN FRANCISCO CA 94111