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Vantage Towers AG (Vantage Towers AG) Tax Rate % : -36.50% (As of Mar. 2023)


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What is Vantage Towers AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Vantage Towers AG's Tax Expense for the six months ended in Mar. 2023 was $-81 Mil. Vantage Towers AG's Pre-Tax Income for the six months ended in Mar. 2023 was $223 Mil. Therefore, Vantage Towers AG's Tax Rate % for the quarter that ended in Mar. 2023 was -36.50%.

Vantage Towers AG Tax Rate % Historical Data

The historical data trend for Vantage Towers AG'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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Vantage Towers AG Tax Rate % Chart

Vantage Towers AG Annual Data
Trend Mar21 Mar22 Mar23
Tax Rate %
26.54 23.38 -4.58

Vantage Towers AG Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Tax Rate % Get a 7-Day Free Trial 24.18 24.02 22.81 22.65 -36.50

Vantage Towers AG Tax Rate % Calculation

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

Vantage Towers AG'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 )
=-22.163/484.368
=-4.58 %

Vantage Towers AG's Tax Rate % for the quarter that ended in Mar. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2023 )/Pre-Tax Income (Q: Mar. 2023 )
=-81.37/222.912
=-36.50 %

* 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.

Vantage Towers AG Tax Rate % Related Terms

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Vantage Towers AG (Vantage Towers AG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Vantage Towers AG (OTCPK:VTAGY) » Definitions » Tax Rate %
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Traded in Other Exchanges
VTWR:Germany
Address
Prinzenallee 11-13, Dusseldorf, NW, DEU, 40549
Website
https://www.vantagetowers.com
Vantage is the tower arm of Vodafone, spun off in 2021. Vantage fully owns 45,000 towers in Germany, Spain, Greece, and other European countries. Vantage also owns stakes in Inwit (22,000 towers, Vantage owns 33% stake), the Italian tower operator resulting from the merger of Vodafone and Telecom Italia's towers in the region, and Cornerstone (14,000 towers, 50% stake) a tower joint venture in the U.K. with Telefonica.

Vantage Towers AG (Vantage Towers AG) Headlines

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