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Advent Technologies Holdings (Advent Technologies Holdings) Tax Rate % : 0.67% (As of Sep. 2023)


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What is Advent Technologies Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Advent Technologies Holdings's Tax Expense for the three months ended in Sep. 2023 was $-0.08 Mil. Advent Technologies Holdings's Pre-Tax Income for the three months ended in Sep. 2023 was $-11.93 Mil. Therefore, Advent Technologies Holdings's Tax Rate % for the quarter that ended in Sep. 2023 was 0.67%.


Advent Technologies Holdings Tax Rate % Historical Data

The historical data trend for Advent Technologies Holdings'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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Advent Technologies Holdings Tax Rate % Chart

Advent Technologies Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Tax Rate %
27.12 - 4.30 2.58

Advent Technologies Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.71 0.64 -7.11 -0.02 0.67

Advent Technologies Holdings Tax Rate % Calculation

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

Advent Technologies Holdings'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 )
=-1.97/-76.307
=2.58 %

Advent Technologies Holdings's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2023 )/Pre-Tax Income (Q: Sep. 2023 )
=-0.08/-11.926
=0.67 %

* 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.


Advent Technologies Holdings Tax Rate % Related Terms

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Advent Technologies Holdings (Advent Technologies Holdings) Business Description

Traded in Other Exchanges
Address
500 Rutherford Avenue, Suite 102, Boston, MA, USA, 02129
Advent Technologies Holdings Inc is an innovation-driven company in the fuel cell and hydrogen technology space. The company develops, manufactures, and assembles complete fuel cell systems and the critical components that determine the performance of hydrogen fuel cells and other energy systems. It serves automotive; aviation and power generation industries. It generates revenue from the sale of fuel cell systems and the sale of MEAs, membranes, and electrodes for specific applications in the fuel cell and energy storage (flow battery) markets.