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GRIID Infrastructure (NEOE:GRDI) Tax Rate % : 15.20% (As of Mar. 2024)


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What is GRIID Infrastructure Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. GRIID Infrastructure's Tax Expense for the three months ended in Mar. 2024 was C$-1.57 Mil. GRIID Infrastructure's Pre-Tax Income for the three months ended in Mar. 2024 was C$-10.34 Mil. Therefore, GRIID Infrastructure's Tax Rate % for the quarter that ended in Mar. 2024 was 15.20%.

GRIID Infrastructure Tax Rate % Historical Data

The historical data trend for GRIID Infrastructure'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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GRIID Infrastructure Tax Rate % Chart

GRIID Infrastructure Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
-7.14 0.48 -27.84

GRIID Infrastructure Quarterly Data
Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial -2.09 3.53 1.56 - 15.20

GRIID Infrastructure Tax Rate % Calculation

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

GRIID Infrastructure'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 )
=5.451/-19.579
=-27.84 %

GRIID Infrastructure'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 )
=-1.572/-10.34
=15.20 %

* 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.

GRIID Infrastructure Tax Rate % Related Terms

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GRIID Infrastructure (NEOE:GRDI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » GRIID Infrastructure Inc (NEOE:GRDI) » Definitions » Tax Rate %
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GRIF:USA
Address
2577 Duck Creek Road, Cincinnati, OH, USA, 45212
Website
Griid Holdco LLC is a vertically integrated Bitcoin mining company. It owns and operates a growing portfolio of energy infrastructure and high-density data centers across North America. The Company has built a cryptocurrency mining operation, which operates specialized computers (also known as miners) that generate cryptocurrency. Currently, the only cryptocurrency mined by GRIID is Bitcoin.

GRIID Infrastructure (NEOE:GRDI) Headlines

From GuruFocus

Glancy Prongay & Murray LLP Announces Investigation of GRIID Infrastructure Inc. (GRDI)

By Business Wire • 03-05-2024