Limitless X Holdings (LIMX) Tax Rate (2021 - 2024)
Limitless X Holdings (LIMX) posted Tax Rate of 0.14% for Q2 2024, down 5078.83% sequentially from 0.0% in Q3 2023.
Limitless X Holdings (LIMX) Tax Rate (2021 - 2024) Analysis & Trends
Limitless X Holdings has reported Tax Rate for 4 years, with the latest figure at 0.14% in Q2 2024.
- Quarterly Tax Rate changed N/A year-over-year to 0.14% in Q2 2024, while the trailing twelve-month figure through Dec 2024 was 0.02% (changed N/A YoY) and the FY2024 annual result came in at 0.02%, changed N/A from the prior year.
- Tax Rate slipped to 0.14% in Q2 2024 per LIMX's latest filing, from 0.0% in the prior quarter.
- Over five years, Tax Rate peaked at 83.08% in Q4 2021 and troughed at 0.14% in Q2 2024.
- A 4-year average of 17.53% and a median of 0.62% in 2022 frame the typical range for Tax Rate.
- The widest YoY moves for Tax Rate: up 2100 bps in 2023, down 2100 bps in 2023.
- Over 4 years, Tax Rate stood at 83.08% in 2021, then plunged by 99 bps to 1.24% in 2022, then sank by 100 bps to 0.0% in 2023, then sank by 5079 bps to 0.14% in 2024.
- According to Business Quant data, Tax Rate over the past three periods registered 0.14%, 0.0%, and 0.0% for Q2 2024, Q3 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.23 Bn | 27.54 Bn | 2.03 Bn | 14.37% |
| 2 | General Mills | 21.36 Bn | 20.90 Bn | 1.60 Bn | 10.77% |
| 3 | Mccormick | 14.89 Bn | 14.56 Bn | 778.20 Mn | 28.84% |
| 4 | Jbs | 14.54 Bn | 11.07 Bn | 4.91 Bn | 56.69% |
| 5 | Hormel Foods | 13.26 Bn | 12.40 Bn | 518.51 Mn | 23.63% |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | -18.47% |
| 7 | Magnum Ice Cream | 12.10 Bn | 11.38 Bn | - | - |
| 8 | Darling Ingredients | 10.78 Bn | 10.62 Bn | 503.37 Mn | 22.13% |
| 9 | Smithfield Foods | 8.77 Bn | 7.42 Bn | 478.00 Mn | 21.40% |
| 10 | Limitless X Holdings | 9.25 Mn | 9.25 Mn | 30,160.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | -0.14% |
| Jun 30, 2024 | -0.14% |
| Jun 30, 2024 | -0.14% |
| Sep 30, 2023 | 0.00% |
| Sep 30, 2023 | 0.00% |
| Sep 30, 2023 | 0.00% |
| Mar 31, 2023 | 0.00% |
| Mar 31, 2023 | 0.00% |
| Mar 31, 2023 | 0.00% |
| Jun 30, 2022 | 1.24% |
| Jun 30, 2022 | 1.24% |
| Jun 30, 2022 | 1.24% |
| Mar 31, 2022 | 21.00% |
| Mar 31, 2022 | 21.00% |
| Mar 31, 2022 | 21.00% |
| Dec 31, 2021 | 83.08% |
| Dec 31, 2021 | 83.08% |
| Dec 31, 2021 | 83.08% |