Borealis Foods Inc. (BRLS) Tax Rate: 0.35%
Is Borealis Foods Inc.’s tax rate high or low?
Borealis Foods Inc.'s tax rate of 0.35% is 265% above its 5-year average of 0.10%, near the high end of its 5-year range (-0.21%–0.53%).
The tax rate for Borealis Foods Inc. (BRLS) is 0.35%. It is below its 12-month average by 20.45% (0.44%).
BRLS Tax Rate Chart
BRLS Average Tax Rate Chart
BRLS Current vs Average Tax Rate Chart
BRLS Tax Rate Metrics
TAX RATE
0.35%
TAX RATE AVG TTM
0.44%
TAX RATE AVG 3Y
0.17%
TAX RATE AVG 5Y
0.10%
TAX RATE AVG 10Y
0.10%
TAX RATE AVG 15Y
0.10%
TAX RATE AVG 20Y
0.10%
CURRENT VS TTM AVG
-20.45%
CURRENT VS 3Y AVG
+108.96%
CURRENT VS 5Y AVG
+264.58%
CURRENT VS 10Y AVG
+264.58%
CURRENT VS 15Y AVG
+264.58%
CURRENT VS 20Y AVG
+264.58%
Borealis Foods Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Borealis Foods Inc. Tax Rate FAQ
- What is the tax rate for Borealis Foods Inc. (BRLS)?
- The tax rate for BRLS stock is 0.35%.
- Is Borealis Foods Inc.'s tax rate high or low?
- Borealis Foods Inc.'s tax rate of 0.35% is 265% above its 5-year average of 0.10%, near the high end of its 5-year range (-0.21%–0.53%).
- What is the TTM average tax rate for Borealis Foods Inc. (BRLS)?
- The TTM average tax rate for BRLS stock is 0.44%.
- What is the 3Y average tax rate for Borealis Foods Inc. (BRLS)?
- The 3Y average tax rate for BRLS stock is 0.17%.
- What is the 5Y average tax rate for Borealis Foods Inc. (BRLS)?
- The 5Y average tax rate for BRLS stock is 0.10%.
- What is the 10Y average tax rate for Borealis Foods Inc. (BRLS)?
- The 10Y average tax rate for BRLS stock is 0.10%.
- What is the 15Y average tax rate for Borealis Foods Inc. (BRLS)?
- The 15Y average tax rate for BRLS stock is 0.10%.
- What is the 20Y average tax rate for Borealis Foods Inc. (BRLS)?
- The 20Y average tax rate for BRLS stock is 0.10%.
Borealis Foods Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 0.35% |
| 2024-12-31 | 0.53% |
| 2023-12-31 | 0.00% |
| 2022-12-31 | -0.21% |
| 2021-12-31 | -0.19% |
Related Metrics
About Borealis Foods Inc.
Borealis Foods Inc. is an enterprise focused on the distribution of food products that are rich in plant-derived protein. The company's offerings feature Chef Woo, a meat alternative with a high protein content, and Ramen Express, which provides vegetarian ramen noodle selections. Established in 2020, Borealis Foods Inc. conducts its operations from its headquarters in Oakville, Canada.
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- CEO
- Reza Soltanzadeh