Ocean Power Technologies (Ocean Power Technologies) Tax Rate % : 16.15% (As of Jan. 2024)

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What is Ocean Power Technologies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ocean Power Technologies's Tax Expense for the three months ended in Jan. 2024 was $-1.25 Mil. Ocean Power Technologies's Pre-Tax Income for the three months ended in Jan. 2024 was $-7.76 Mil. Therefore, Ocean Power Technologies's Tax Rate % for the quarter that ended in Jan. 2024 was 16.15%.

Ocean Power Technologies Tax Rate % Historical Data

The historical data trend for Ocean Power Technologies'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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Ocean Power Technologies Tax Rate % Chart

Ocean Power Technologies Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Tax Rate %

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6.49

7.96

8.81

1.04

Ocean Power Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Tax Rate %	Get a 7-Day Free Trial															4.37	-	-	-	16.15

Ocean Power Technologies Tax Rate % Calculation

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

Ocean Power Technologies's Tax Rate % for the fiscal year that ended in Apr. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Apr. 2023 )	/	Pre-Tax Income (A: Apr. 2023 )
	=	-0.278	/	-26.604
	=	1.04 %

Ocean Power Technologies's Tax Rate % for the quarter that ended in Jan. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jan. 2024 )	/	Pre-Tax Income (Q: Jan. 2024 )
	=	-1.254	/	-7.763
	=	16.15 %

Ocean Power Technologies Tax Rate % Related Terms

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Ocean Power Technologies (Ocean Power Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ocean Power Technologies Inc (AMEX:OPTT) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

RUOB:Germany

Address

28 Engelhard Drive, Suite B, Monroe Township, NJ, USA, 08831

Website

https://www.oceanpowertechnologies.com

Ocean Power Technologies Inc provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets. It provides ocean data collection and reporting, marine power, offshore communications, and Maritime Domain Awareness System (MDAS) products, integrated solutions, and consulting services. The company offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, wind power, and other industries. The company has operations in North and South America, Europe, Asia and Australia.

Executives

Peter E. Slaiby	director	28 ENGELHARD DRIVE,, SUITE B, MONROE TOWNSHIP NJ 08831
Robert Patrick Powers	officer: Senior VP and CFO	968 ALBANY SHAKER ROAD, LATHAM NY 12110
Philipp Stratmann	officer: President and CEO	28 ENGELHARD DRIVE, SUITE B, MONROE TOWNSHIP NJ 08831
Lorenz Anderson Natalie M.	director	28 ENGELHARD DRIVE, SUITE B, MONROE TOWNSHIP NJ 08831
Joseph Dipietro	officer: Controller and Treasurer	28 ENGELHARD DRIVE, SUITE B, MONROE TOWNSHIP NJ 08831
Robert K Winters	director	280 6TH AVENUE, BROOKLYN NY 11215
Diana G Purcel	director	C/O FAMOUS DVES OF AMERICA INC, 8091 WALLACE ROAD, EDEN PRAIRIE MN 55344
Clyde W Hewlett	director	28, ENGLAND DRIVE, SUITE B, MONROE TOWNSHIP NJ 08831
Kirby George H Iii	director, officer: President, CEO, and Director	28 ENGELHARD DRIVE, MONROE TOWNSHIP NJ 08831
Dean J Glover	director	C/O GLOBAL POWER EQUIPMENT GROUP INC., 5199 N. MINGO ROAD, TULSA OK 74117
Terence James Cryan	director	2 HAMPSHIRE RD, BRONXVILLE NY 10708
Kristine S Moore	director	28 ENGELHARD DRIVE, PENNINGTON NJ 08831
Steven M Fludder	director	264 NANTASKET ROAD, HULL MA 02045
Christopher Phebus	officer: Vice President - Engineering	28 ENGELHARD DRIVE, MONOROE TOWNSHIP NJ 08831
Matthew T Shafer	officer: CFO and Treasurer	1590 REED ROAD, PENNINGTON NJ 08534