Nobia AB (Nobia AB) Tax Rate % : 41.32% (As of Mar. 2024)

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What is Nobia AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nobia AB's Tax Expense for the three months ended in Mar. 2024 was $-7 Mil. Nobia AB's Pre-Tax Income for the three months ended in Mar. 2024 was $-16 Mil. Therefore, Nobia AB's Tax Rate % for the quarter that ended in Mar. 2024 was 41.32%.

Nobia AB Tax Rate % Historical Data

The historical data trend for Nobia 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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Nobia AB Tax Rate % Chart

Nobia AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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22.04

28.33

22.16

106.64

6.97

Nobia 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															21.07	50.00	20.00	-12.26	41.32

Nobia AB Tax Rate % Calculation

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

Nobia 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 )
	=	-2.535	/	-36.363
	=	6.97 %

Nobia 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 )
	=	-6.627	/	-16.04
	=	41.32 %

Nobia AB Tax Rate % Related Terms

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Nobia AB (Nobia AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Nobia AB (OTCPK:NBIAY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

NOBI:Sweden 0GW0:UK NI8:Germany

Address

Blekholmstorget 30E, Stockholm, SWE, 111 64

Website

https://www.nobia.com

Nobia AB is a Sweden-based furniture company that designs, manufactures, and sells various kitchen products. The company operates in the United Kingdom, Denmark, Finland, and Austria. Nobia sells its products through a network of subsidiaries to retailers, builders' merchants, DIY stores, and professional construction companies. The company generates the majority of its net sales from the UK and, secondarily, from the Nordic region. The core brands of Nobia include Magnet, HTH, Marbodal, A la Carte, Sigdal, and ewe. The firm derives revenue from the sale and installation services of kitchen products and other products.

Nobia AB (Nobia AB) Headlines

From GuruFocus

Q4 2023 Nobia AB Earnings Call Transcript

By GuruFocus Research • 02-28-2024