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Schmitt Industries (STU:SI1A) Tax Rate % : -0.09% (As of May. 2022)


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What is Schmitt Industries Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Schmitt Industries's Tax Expense for the three months ended in May. 2022 was €0.00 Mil. Schmitt Industries's Pre-Tax Income for the three months ended in May. 2022 was €-3.33 Mil. Therefore, Schmitt Industries's Tax Rate % for the quarter that ended in May. 2022 was -0.09%.

Schmitt Industries Tax Rate % Historical Data

The historical data trend for Schmitt Industries'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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Schmitt Industries Tax Rate % Chart

Schmitt Industries Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.95 -0.61 0.82 4.46 -0.52

Schmitt Industries Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 -0.03 -0.59 -0.09 -0.76 -0.09

Schmitt Industries Tax Rate % Calculation

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

Schmitt Industries's Tax Rate % for the fiscal year that ended in May. 2022 is calculated as

Tax Rate %=Tax Expense (A: May. 2022 )/Pre-Tax Income (A: May. 2022 )
=0.018/-3.491
=-0.52 %

Schmitt Industries's Tax Rate % for the quarter that ended in May. 2022 is calculated as

Tax Rate %=Tax Expense (Q: May. 2022 )/Pre-Tax Income (Q: May. 2022 )
=0.003/-3.327
=-0.09 %

* 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.

Schmitt Industries Tax Rate % Related Terms

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Schmitt Industries (STU:SI1A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Schmitt Industries Inc (STU:SI1A) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
2765 North West Nicolai Street, Portland, OR, USA, 97210
Website
https://www.schmittindustries.com
Schmitt Industries Inc is engaged in propane tank monitoring solutions, precision measurement solutions, and ice cream production and distribution. The Company operates as two reportable segments: the Measurement Segment and the Ice Cream Segment. Xact product line includes satellite-focused remote tank monitoring products and related monitoring services for markets in the IoT environment. The Company also manufactures, wholesales, and retails ice cream and related products.

Schmitt Industries (STU:SI1A) Headlines

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