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PWMCF (Powerstone Metals) Tax Expense : $0.00 Mil (TTM As of Jul. 2024)


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What is Powerstone Metals Tax Expense?

Powerstone Metals's tax expense for the months ended in Jul. 2024 was $0.00 Mil. Its tax expense for the trailing twelve months (TTM) ended in Jul. 2024 was $0.00 Mil.


Powerstone Metals Tax Expense Historical Data

The historical data trend for Powerstone Metals's Tax Expense 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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Powerstone Metals Tax Expense Chart

Powerstone Metals Annual Data
Trend Oct22 Oct23
Tax Expense
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Powerstone Metals Quarterly Data
Jul22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Tax Expense Get a 7-Day Free Trial - - - - -

Powerstone Metals Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

* 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.


Powerstone Metals  (OTCPK:PWMCF) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Powerstone Metals Tax Expense Related Terms

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Powerstone Metals Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, 19th Floor, Suite 1900, Vancouver, BC, CAN, V6E 4H3
Powerstone Metals Corp is a mineral exploration company focused on the identification and exploration of high-quality critical metals assets. It is exploring Chilton Cobalt, a prospective cobalt asset located in Quebec, Canada.

Powerstone Metals Headlines

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