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LumiraDx (LumiraDx) Tax Rate % : -0.60% (As of Jun. 2023)


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What is LumiraDx Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. LumiraDx's Tax Expense for the three months ended in Jun. 2023 was $0.3 Mil. LumiraDx's Pre-Tax Income for the three months ended in Jun. 2023 was $-49.4 Mil. Therefore, LumiraDx's Tax Rate % for the quarter that ended in Jun. 2023 was -0.60%.

LumiraDx Tax Rate % Historical Data

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

LumiraDx Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Tax Rate %
6.69 3.96 -2.90 -0.97

LumiraDx Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 -1.52 -0.69 -1.10 -0.60

LumiraDx Tax Rate % Calculation

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

LumiraDx's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=4.32/-443.285
=-0.97 %

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

Tax Rate %=Tax Expense (Q: Jun. 2023 )/Pre-Tax Income (Q: Jun. 2023 )
=0.294/-49.383
=-0.60 %

* 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.

LumiraDx Tax Rate % Related Terms

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LumiraDx (LumiraDx) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » LumiraDx Ltd (OTCPK:LMDXF) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
C/o Ocorian Trust (Cayman) Ltd, Windward 3, P.O. Box 1350, Regatta Office Park, Grand Cayman, CYM, KY1-1108
Website
https://www.lumiradx.com
LumiraDx Ltd is a next-generation point of care diagnostics company. It manufactures and commercializes an innovative diagnostic Platform that supports a broad menu of tests with lab comparable performance at the point of care. Geographical presence in United States, Italy, UK, Germany, Colombia, Sweden and Other countries. Majority revenue derives from U.S.