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MIND Technology (FRA:MI70) Tax Rate % : 33.43% (As of Jan. 2024)


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What is MIND Technology Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MIND Technology's Tax Expense for the three months ended in Jan. 2024 was €0.69 Mil. MIND Technology's Pre-Tax Income for the three months ended in Jan. 2024 was €2.06 Mil. Therefore, MIND Technology's Tax Rate % for the quarter that ended in Jan. 2024 was 33.43%.

MIND Technology Tax Rate % Historical Data

The historical data trend for MIND Technology'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.

MIND Technology Tax Rate % Chart

MIND Technology Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.70 -3.98 0.28 -12.96 563.30

MIND Technology Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 30.64 235.19 -5.46 -7.01 33.43

MIND Technology Tax Rate % Calculation

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

MIND Technology's Tax Rate % for the fiscal year that ended in Jan. 2024 is calculated as

Tax Rate %=Tax Expense (A: Jan. 2024 )/Pre-Tax Income (A: Jan. 2024 )
=1.228/0.218
=563.30 %

MIND Technology's Tax Rate % for the quarter that ended in Jan. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jan. 2024 )/Pre-Tax Income (Q: Jan. 2024 )
=0.687/2.055
=33.43 %

* 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.

MIND Technology Tax Rate % Related Terms

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MIND Technology (FRA:MI70) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MIND Technology Inc (FRA:MI70) » Definitions » Tax Rate %
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Traded in Other Exchanges
MINDP.PFD:USA MIND:USA
Address
2002 Timberloch Place, Suite 550, The Woodlands, TX, USA, 77380
Website
https://www.mind-technology.com
MIND Technology Inc provides technology and solutions for exploration, survey, and defense applications in oceanographic, hydrographic, defense, seismic, and security industries. The Company operates in segments namely, Seamap Marine Products and Klein Marine Products helps manufacture and sell specialized, high-performance sonar and seismic equipment. The company generates more revenue from Seamap Marine Products. The company's geographical segments include the United States; Europe, Russia & CIS; Middle East & Africa; Asia-Pacific; and Canada & Latin America.

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