Ascelia Pharma AB (OSTO:ACE) Tax Rate % : 0.17% (As of Mar. 2024)

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What is Ascelia Pharma AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ascelia Pharma AB's Tax Expense for the three months ended in Mar. 2024 was kr-0.03 Mil. Ascelia Pharma AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr-16.72 Mil. Therefore, Ascelia Pharma AB's Tax Rate % for the quarter that ended in Mar. 2024 was 0.17%.

Ascelia Pharma AB Tax Rate % Historical Data

The historical data trend for Ascelia Pharma 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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Ascelia Pharma AB Tax Rate % Chart

Ascelia Pharma AB Annual Data

Trend

Jun17

Jun18

Jun19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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1.11

1.05

2.79

1.45

0.29

Ascelia Pharma 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															0.13	0.31	0.16	1.03	0.17

Ascelia Pharma AB Tax Rate % Calculation

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

Ascelia Pharma 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 )
	=	-0.319	/	-109.607
	=	0.29 %

Ascelia Pharma 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 )
	=	-0.028	/	-16.722
	=	0.17 %

Ascelia Pharma AB Tax Rate % Related Terms

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Ascelia Pharma AB (OSTO:ACE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Ascelia Pharma AB (OSTO:ACE) » Definitions » Tax Rate %

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7ZA:Germany

Address

Hyllie Boulevard 34, Malmo, SWE, SE-215 32

Website

https://www.ascelia.com

Ascelia Pharma AB is an oncology-dedicated drug development company located in Malmo, Sweden, focused on the development of novel drugs to improve the life expectancy and quality of life for people living with cancer. The company is focused on two clinical-stage product candidates under development: Mangoral and Oncoral.

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