IAR Systems Group AB (IAR Systems Group AB) Tax Rate % : -84.49% (As of Mar. 2024)

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What is IAR Systems Group AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. IAR Systems Group AB's Tax Expense for the three months ended in Mar. 2024 was $-3.04 Mil. IAR Systems Group AB's Pre-Tax Income for the three months ended in Mar. 2024 was $3.59 Mil. Therefore, IAR Systems Group AB's Tax Rate % for the quarter that ended in Mar. 2024 was -84.49%.

IAR Systems Group AB Tax Rate % Historical Data

The historical data trend for IAR Systems Group AB'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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IAR Systems Group AB Tax Rate % Chart

IAR Systems Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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24.11

22.66

1.75

21.36

-12.59

IAR Systems Group AB 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															45.30	56.46	43.77	-0.59	-84.49

IAR Systems Group AB Tax Rate % Calculation

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

IAR Systems Group AB'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 )
	=	2.496	/	-19.829
	=	-12.59 %

IAR Systems Group AB'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 )
	=	-3.035	/	3.592
	=	-84.49 %

IAR Systems Group AB Tax Rate % Related Terms

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IAR Systems Group AB (IAR Systems Group AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IAR Systems Group AB (OTCPK:IARGF) » Definitions » Tax Rate %

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IAR B:Sweden NC91:Germany

Address

Strandbodgatan 1A, Stockholm, SWE, SE-75323

Website

https://www.iar.com

IAR Systems Group AB provides software for the programming processors in embedded systems. The company's customers mainly operate in industrial automation, medical technology, IOT, consumer electronics, and automotive industries that develop products based on 8-, 16, 32-bit processors. Its flagship product is IAR embedded workbench. Geographically, it derives a majority of revenue from the Americas and also has a presence in Asia, EMEA, and the Nordic region.

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