FORTEC Elektronik AG (STU:FEV) Tax Rate % : 18.13% (As of Dec. 2023)

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What is FORTEC Elektronik AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. FORTEC Elektronik AG's Tax Expense for the three months ended in Dec. 2023 was €0.2 Mil. FORTEC Elektronik AG's Pre-Tax Income for the three months ended in Dec. 2023 was €1.0 Mil. Therefore, FORTEC Elektronik AG's Tax Rate % for the quarter that ended in Dec. 2023 was 18.13%.

FORTEC Elektronik AG Tax Rate % Historical Data

The historical data trend for FORTEC Elektronik 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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FORTEC Elektronik AG Tax Rate % Chart

FORTEC Elektronik AG Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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23.38

24.39

25.94

24.66

28.59

FORTEC Elektronik AG 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															22.02	29.53	33.17	31.24	18.13

FORTEC Elektronik AG Tax Rate % Calculation

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

FORTEC Elektronik AG's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2023 )	/	Pre-Tax Income (A: Jun. 2023 )
	=	3.023	/	10.575
	=	28.59 %

FORTEC Elektronik 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 )
	=	0.18	/	0.993
	=	18.13 %

FORTEC Elektronik AG Tax Rate % Related Terms

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FORTEC Elektronik AG (STU:FEV) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » FORTEC Elektronik AG (STU:FEV) » Definitions » Tax Rate %

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FEV:Germany

Address

Augsburger Str 2B, Germering, DEU, 82110

Website

https://www.fortecag.de

FORTEC Elektronik AG is a Germany based company. It is a system supplier for equipment manufacturers of industrial high-tech products. Its product portfolio includes large format displays, displays with LED backlight, touchscreens, single board computer, embedded motherboards, slot CPU cards, and VacuBond. chassis mount, external power supplies, among others.

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