Soitec (Soitec) Tax Rate % : 9.14% (As of Sep. 2023)

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What is Soitec Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Soitec's Tax Expense for the six months ended in Sep. 2023 was $9 Mil. Soitec's Pre-Tax Income for the six months ended in Sep. 2023 was $94 Mil. Therefore, Soitec's Tax Rate % for the quarter that ended in Sep. 2023 was 9.14%.

Soitec Tax Rate % Historical Data

The historical data trend for Soitec'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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Soitec Tax Rate % Chart

Soitec Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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10.85

4.23

1.98

0.83

10.15

Soitec Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Tax Rate %	Get a 7-Day Free Trial															6.94	-3.13	12.22	8.66	9.14

Soitec Tax Rate % Calculation

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

Soitec's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	28.049	/	276.346
	=	10.15 %

Soitec's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	8.561	/	93.642
	=	9.14 %

Soitec Tax Rate % Related Terms

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Soitec (Soitec) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Soitec SA (OTCPK:SLOIF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SLOIY:USA SOIp:UK 0RMT:UK SOI:France SOH1:Germany

Address

Parc Technologique des Fontaines, Chemin des Franques, Bernin, FRA, 38190

Website

https://www.soitec.com

Soitec is a French company that manufactures and sells engineered wafers for the semiconductor industry. Soitec is the number one provider of silicon-on-insulator, or SOI, wafers worldwide and also provides other engineered substrates like gallium nitride or silicon carbide. Soitec sells wafers to fabrication plants that use the them to produce chips. Soitec has facilities in France, Singapore, and China and plans to expand its capacity by 75% from 2022 to 2026.