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TerraVest Industries (TSX:TVK) Tax Rate % : 18.93% (As of Mar. 2024)


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What is TerraVest Industries Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. TerraVest Industries's Tax Expense for the three months ended in Mar. 2024 was C$6.0 Mil. TerraVest Industries's Pre-Tax Income for the three months ended in Mar. 2024 was C$31.7 Mil. Therefore, TerraVest Industries's Tax Rate % for the quarter that ended in Mar. 2024 was 18.93%.

TerraVest Industries Tax Rate % Historical Data

The historical data trend for TerraVest Industries'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.

* Premium members only.

TerraVest Industries Tax Rate % Chart

TerraVest Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.13 24.99 20.93 20.26 26.22

TerraVest Industries 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 28.26 17.62 29.72 29.67 18.93

TerraVest Industries Tax Rate % Calculation

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

TerraVest Industries's Tax Rate % for the fiscal year that ended in Sep. 2023 is calculated as

Tax Rate %=Tax Expense (A: Sep. 2023 )/Pre-Tax Income (A: Sep. 2023 )
=17.635/67.268
=26.22 %

TerraVest Industries'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 )
=6.006/31.735
=18.93 %

* 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.

TerraVest Industries Tax Rate % Related Terms

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TerraVest Industries (TSX:TVK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TerraVest Industries Inc (TSX:TVK) » Definitions » Tax Rate %
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Traded in Other Exchanges
TRRVF:USA
Address
60 Street, Suite 6205, Vegreville, AB, CAN, T9C 1P7
Website
https://www.terravestindustries.com
TerraVest Industries Inc is a manufacturer of home heating products, propane, anhydrous ammonia, natural gas liquids transport vehicles, storage vessels, energy processing equipment, and fiberglass storage tanks. The company's operating segments include, : Home Heating and Cooling Products (HVAC Equipment), Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment), Energy Processing Equipment (Processing Equipment) and Service. Majority of the revenue for the company is generated from its Compressed Gas Equipment segment which manufactures engineered products for the storage, distribution and dispensing of compressed gases including liquid propane gas, natural gas liquids, carbon dioxide and other gases. The company operates in Canada and United States.

TerraVest Industries (TSX:TVK) Headlines

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