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Canlan Ice Sports (TSX:ICE) Tax Rate % : 25.03% (As of Mar. 2024)


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What is Canlan Ice Sports Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Canlan Ice Sports's Tax Expense for the three months ended in Mar. 2024 was C$1.42 Mil. Canlan Ice Sports's Pre-Tax Income for the three months ended in Mar. 2024 was C$5.65 Mil. Therefore, Canlan Ice Sports's Tax Rate % for the quarter that ended in Mar. 2024 was 25.03%.

Canlan Ice Sports Tax Rate % Historical Data

The historical data trend for Canlan Ice Sports'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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Canlan Ice Sports Tax Rate % Chart

Canlan Ice Sports Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.44 22.90 57.11 7.78 159.92

Canlan Ice Sports 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 23.09 17.83 24.40 103.68 25.03

Canlan Ice Sports Tax Rate % Calculation

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

Canlan Ice Sports'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 )
=-1.161/-0.726
=159.92 %

Canlan Ice Sports'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 )
=1.415/5.653
=25.03 %

* 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.

Canlan Ice Sports Tax Rate % Related Terms

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Canlan Ice Sports (TSX:ICE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Canlan Ice Sports Corp (TSX:ICE) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
6501 Sprott Street, Burnaby, BC, CAN, V6B 3B8
Website
https://www.canlansports.com
Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America. The company has a single operating segment which is an Ice rink and recreational facilities which derive revenue from food and beverage, sports stores, sponsorship, space rental, and others. Geographically it generates the majority of its revenue from Canada.
Executives
Joey St. Aubin Senior Officer