Tomra Systems ASA (Tomra Systems ASA) Tax Rate % : 17.63% (As of Dec. 2023)

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What is Tomra Systems ASA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tomra Systems ASA's Tax Expense for the three months ended in Dec. 2023 was $2 Mil. Tomra Systems ASA's Pre-Tax Income for the three months ended in Dec. 2023 was $12 Mil. Therefore, Tomra Systems ASA's Tax Rate % for the quarter that ended in Dec. 2023 was 17.63%.

Tomra Systems ASA Tax Rate % Historical Data

The historical data trend for Tomra Systems ASA'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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Tomra Systems ASA Tax Rate % Chart

Tomra Systems ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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24.07

25.43

25.66

23.81

24.05

Tomra Systems ASA 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															21.38	25.00	24.99	24.91	17.63

Tomra Systems ASA Tax Rate % Calculation

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

Tomra Systems ASA'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 )
	=	22.504	/	93.56
	=	24.05 %

Tomra Systems ASA'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 )
	=	2.123	/	12.039
	=	17.63 %

Tomra Systems ASA Tax Rate % Related Terms

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Tomra Systems ASA (Tomra Systems ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Tomra Systems ASA (OTCPK:TMRAY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

TMRAF:USA TOMo:Sweden TOM:Norway 0KV7:UK TMRA:Germany

Address

Drengsrudhagen 2, Asker, NOR, 1385

Website

https://www.tomra.com

Tomra Systems ASA provides sorting and recycling solutions to better equip customers for handling waste. It operates two primary business segments: collection solutions (a majority of revenue) and sorting solutions. The company produces, sells, and services automated recycling systems, including data administration systems that monitor the volume of collected materials. It manufactures reverse vending machines to collect empty beverage containers. The empty beverage containers are gathered and processed into reusable molds. Tomra services the machines and provides replacement parts to ensure optimal performance. Food sorting solutions inspect individual pieces and stop resources from going to waste. The majority of revenue comes from customers in Europe, North America and Rest of World.