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BT Brands (BT Brands) Tax Rate % : 20.96% (As of Mar. 2024)


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What is BT Brands Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. BT Brands's Tax Expense for the three months ended in Mar. 2024 was $-0.12 Mil. BT Brands's Pre-Tax Income for the three months ended in Mar. 2024 was $-0.56 Mil. Therefore, BT Brands's Tax Rate % for the quarter that ended in Mar. 2024 was 20.96%.


BT Brands Tax Rate % Historical Data

The historical data trend for BT Brands'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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BT Brands Tax Rate % Chart

BT Brands Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 17.93 14.10 24.75 24.26 14.05

BT Brands Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.44 18.18 - 11.03 20.96

BT Brands Tax Rate % Calculation

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

BT Brands's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=-0.145/-1.032
=14.05 %

BT Brands's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=-0.118/-0.563
=20.96 %

* 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.


BT Brands Tax Rate % Related Terms

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BT Brands (BT Brands) Business Description

Traded in Other Exchanges
N/A
Address
405 Main Avenue West, Suite 2D, West Fargo, ND, USA, 58078
BT Brands Inc operates and owns a fast-food restaurant called Burger Time. The company also operates in Minnesota as a franchisee of Dairy Queen. It offers a variety of burgers and other affordably priced foods such as chicken sandwiches, pulled pork sandwiches, chicken chunks, side dishes, and soft drinks.
Executives
Gary Copperud director, 10 percent owner, officer: Chief Executive Officer 405 WEST MAIN STREET, WEST FARGO ND 58078
Allan D Anderson director 950 BLUFF CIRCLE NORTH, CHASKA MN 55318
Terri Tochihara-dirks director 405 WEST MAIN AVENUE, SUITE 20, WEST FARGO ND 58078
Steven W Schussler director 720 S FIFTH STREET, HOPKINS MN 55343
Jeffrey A Zinnecker director, 10 percent owner 405 WEST MAIN STREET, WEST FARGO ND 58078
Kenneth William Brimmer director, officer: Chief Operating Officer SUITE 102, 10501 WAYZATA BLVD., MINNETONKA MN 55305
Sally Copperud 10 percent owner 405 WEST MAIN, WEST FARGO ND 58078

BT Brands (BT Brands) Headlines

From GuruFocus

BT Brands, Inc. Acquires Keegan's Seafood Grill

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By ACCESSWIRE ACCESSWIRE 08-04-2022

BT Brands Reports Results for the Year Ended January 1, 2023

By Business Wire Business Wire 04-18-2023

BT Brands Reports Second Quarter 2023 Results

By Business Wire 08-16-2023

BT Brands Reports Results for the Year Ended January 1, 2023

By Business Wire Business Wire 04-18-2023