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Sono-Tek (Sono-Tek) Tax Rate % : 22.47% (As of Nov. 2023)


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What is Sono-Tek Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sono-Tek's Tax Expense for the three months ended in Nov. 2023 was $0.20 Mil. Sono-Tek's Pre-Tax Income for the three months ended in Nov. 2023 was $0.89 Mil. Therefore, Sono-Tek's Tax Rate % for the quarter that ended in Nov. 2023 was 22.47%.


Sono-Tek Tax Rate % Historical Data

The historical data trend for Sono-Tek'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.

* Premium members only.

Sono-Tek Tax Rate % Chart

Sono-Tek Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.05 8.74 16.84 12.47 19.49

Sono-Tek Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.05 39.42 -65.63 20.79 22.47

Sono-Tek Tax Rate % Calculation

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

Sono-Tek's Tax Rate % for the fiscal year that ended in Feb. 2023 is calculated as

Tax Rate %=Tax Expense (A: Feb. 2023 )/Pre-Tax Income (A: Feb. 2023 )
=0.154/0.79
=19.49 %

Sono-Tek's Tax Rate % for the quarter that ended in Nov. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Nov. 2023 )/Pre-Tax Income (Q: Nov. 2023 )
=0.2/0.89
=22.47 %

* 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.


Sono-Tek Tax Rate % Related Terms

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Sono-Tek (Sono-Tek) Business Description

Traded in Other Exchanges
N/A
Address
2012 Route 9W, Milton, NY, USA, 12547
Sono-Tek Corp designs and manufactures ultrasonic coating systems that apply precise, thin film coatings to a multitude of products for the microelectronics/electronics, alternative energy, medical and industrial markets, including specialized glass applications in construction and automotive. It sell products to emerging research and development and other markets. Its ultrasonic nozzle systems use high frequency, ultrasonic vibrations that atomize liquids into minute drops that can be applied to surfaces at low velocity providing thin layers of protective materials over a surface such as glass or metals.
Executives
Robb William Engle officer: VP 164 LUCAS AVENUE, KINGSTON NY 12401
Christopher L Coccio director, officer: CEO & President SONO-TEK CORP, 2012 RT 9W, MILTON NY 12547
Philip A Strasburg director, officer: Treasurer 19380 CEDAR GLEN DR., BOCA RATON FL 33434
Joseph Riemer officer: Vice President of Engineering SONO-TEK CORP, 2012 RT 9W, MILTON NY 12547
Stephen James Bagley officer: Chief Financial Officer SONO-TEK CORPORATION, 2012 ROUTE 9W, MILTON NY 12547
Christopher Cichetti officer: Vice President SONO-TEK CORP., 2012 RT 9W, MILTON NY 12547
Maria T Kuha officer: VP 9 SUNRISE DRIVE, MILTON NY 12547
Carol A O'donnell director 540 JOAN DRIVE, FAIRFILED CT 06824-2207
Eric Haskell director 518 CANDACE LANE, VILLANOVA PA 19085
Samuel Schwartz director, 10 percent owner, other: Chairman 877 ROUTE 9W, UPPER GRANDVIEW NY 10960
Bennett Bruntil officer: Vice President 351 DUBOIS ROAD, NEW PALTZ NY 12561
Handler Edward J Iii director 31 HANCOCK LANE, DARIEN CT 06820-2511
R Stephen Harshbarger officer: Vice President of Sales ROUTE 22, PAWLING NY 12564
Donald F Mowbray director 103 JENKINS ROAD, BURNT HILLS NY 12027
Norwood Venture Corp other: Former 10% Owner 174 DEZENZO LANE, WEST ORANGE NJ 07052