Ascent Industries Co (FRA:SY4) Tax Rate % : 22.17% (As of Mar. 2024)

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What is Ascent Industries Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ascent Industries Co's Tax Expense for the three months ended in Mar. 2024 was €-1.1 Mil. Ascent Industries Co's Pre-Tax Income for the three months ended in Mar. 2024 was €-4.8 Mil. Therefore, Ascent Industries Co's Tax Rate % for the quarter that ended in Mar. 2024 was 22.17%.

Ascent Industries Co Tax Rate % Historical Data

The historical data trend for Ascent Industries Co'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.

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Ascent Industries Co Tax Rate % Chart

Ascent Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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19.31

14.72

20.60

-46.36

16.86

Ascent Industries Co 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															21.73	19.31	7.02	22.58	22.17

Ascent Industries Co Tax Rate % Calculation

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

Ascent Industries Co's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	-6.349	/	-37.666
	=	16.86 %

Ascent Industries Co'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 )
	=	-1.073	/	-4.839
	=	22.17 %

Ascent Industries Co Tax Rate % Related Terms

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Ascent Industries Co (FRA:SY4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ascent Industries Co (FRA:SY4) » Definitions » Tax Rate %

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Traded in Other Exchanges

ACNT:USA

Address

1400 16th Street, Suite 270, Oak Brook, IL, USA, 60523

Website

https://www.ascentco.com

Ascent Industries Co is engaged in the chemical and metal industry. The group operates into two reportable segments namely the Ascent Tubular Products and the Specialty Chemicals Segment. The Tubular Products segment serves markets through pipe and tube and customers in the appliance, architectural, automotive and commercial transportation, brewery, chemical, petrochemical and other industries. The Specialty Chemicals segment produces specialty products for the pulp and paper, coatings, adhesives, sealants and elastomers (CASE), textile, automotive, household and other industries. It manufactures welded pipe and tube, majorly from stainless steel, duplex, and nickel alloys. The company also produces specialty chemicals and dyes used in various end markets.

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