Converge Technology Solutions (STU:0ZB) Tax Rate % : 207.36% (As of Dec. 2023)

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What is Converge Technology Solutions Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Converge Technology Solutions's Tax Expense for the three months ended in Dec. 2023 was €-6 Mil. Converge Technology Solutions's Pre-Tax Income for the three months ended in Dec. 2023 was €-3 Mil. Therefore, Converge Technology Solutions's Tax Rate % for the quarter that ended in Dec. 2023 was 207.36%.

Converge Technology Solutions Tax Rate % Historical Data

The historical data trend for Converge Technology Solutions'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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Converge Technology Solutions Tax Rate % Chart

Converge Technology Solutions Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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15.03

-66.92

31.73

-21.61

65.57

Converge Technology Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															48.39	-2.27	30.34	24.17	207.36

Converge Technology Solutions Tax Rate % Calculation

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

Converge Technology Solutions'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 )
	=	-8.32	/	-12.689
	=	65.57 %

Converge Technology Solutions'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 )
	=	-6.312	/	-3.044
	=	207.36 %

Converge Technology Solutions Tax Rate % Related Terms

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Converge Technology Solutions (STU:0ZB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Converge Technology Solutions Corp (STU:0ZB) » Definitions » Tax Rate %

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CTSDF:USA CTS:Canada

Address

161 Bay Street, Suite 2325, Toronto, ON, CAN, M5J 2T6

Website

https://www.convergetp.com

Converge Technology Solutions Corp is a Canadian company building a platform of regionally focused Hybrid IT infrastructure providers that deliver best-of-breed solutions and services in the United States. The solutions provided include multi-cloud solutions, the blockchain, resiliency, and managed services, enabling the company to address the business and IT issues that public and private-sector organizations face.

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