StarragTornos Group AG (XSWX:STGN) Tax Rate % : 30.53% (As of Dec. 2023)

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What is StarragTornos Group AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. StarragTornos Group AG's Tax Expense for the six months ended in Dec. 2023 was CHF5.1 Mil. StarragTornos Group AG's Pre-Tax Income for the six months ended in Dec. 2023 was CHF16.6 Mil. Therefore, StarragTornos Group AG's Tax Rate % for the quarter that ended in Dec. 2023 was 30.53%.

StarragTornos Group AG Tax Rate % Historical Data

The historical data trend for StarragTornos Group 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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StarragTornos Group AG Tax Rate % Chart

StarragTornos Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-79.14

-33.85

37.46

38.49

20.38

StarragTornos Group AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															38.91	14.90	50.01	9.11	30.53

StarragTornos Group AG Tax Rate % Calculation

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

StarragTornos Group AG'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 )
	=	6.444	/	31.62
	=	20.38 %

StarragTornos Group AG'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 )
	=	5.08	/	16.64
	=	30.53 %

StarragTornos Group AG Tax Rate % Related Terms

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StarragTornos Group AG (XSWX:STGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » StarragTornos Group AG (XSWX:STGN) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

STGNz:UK

Address

Seebleichestrasse 61, Rorschacherberg, CHE, 9404

Website

https://www.starrag.com

StarragTornos Group AG is engaged in the manufactures of high-precision machining tools for milling turning, boring and grinding workpieces of metallic, ceramic, and composite materials. Its customers include aerospace, energy, transportation, and industrial sector companies. Geographically, it has a presence in Europe; Asia and the Americas. Its products are marketed under brands Berthiez, Bumotec, Droop+Rein, Heckert, Scharmann, SIP, Starrag and TTL.

StarragTornos Group AG (XSWX:STGN) Headlines

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