SynAct Pharma AB (OSTO:SYNACT) Tax Rate % : 0.00% (As of Dec. 2023)

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What is SynAct Pharma AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. SynAct Pharma AB's Tax Expense for the three months ended in Dec. 2023 was kr0.00 Mil. SynAct Pharma AB's Pre-Tax Income for the three months ended in Dec. 2023 was kr-90.54 Mil. Therefore, SynAct Pharma AB's Tax Rate % for the quarter that ended in Dec. 2023 was 0.00%.

SynAct Pharma AB Tax Rate % Historical Data

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

SynAct Pharma AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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11.39

15.18

9.77

7.34

3.77

SynAct Pharma AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															0.25	14.22	0.21	0.34	-

SynAct Pharma AB Tax Rate % Calculation

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

SynAct 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 )
	=	-8.466	/	-224.275
	=	3.77 %

SynAct Pharma AB's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	0.002	/	-90.541
	=	-0.00 %

SynAct Pharma AB Tax Rate % Related Terms

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SynAct Pharma AB (OSTO:SYNACT) Business Description

Industry

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

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8F8:Germany

Address

Sheelevagen 2, Lund, SWE, 223 81

Website

https://www.synactpharma.se

SynAct Pharma AB is a clinical-stage biotech company focused on resolving inflammation through selective activation of the melanocortin system. The company has a platform technology based on a new class of drug candidates that target acute exacerbations in chronic inflammatory diseases with the primary aim of stimulating natural healing mechanisms. AP1189, the company's lead drug candidate, is being evaluated in three Phase 2 clinical programs regarding rheumatoid arthritis, idiopathic membranous glomerulonephritis and virus-induced respiratory failure.

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