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Concentric AB (CHIX:COICS) Tax Rate % : 18.18% (As of Jun. 2024)


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What is Concentric AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Concentric AB's Tax Expense for the three months ended in Jun. 2024 was kr2 Mil. Concentric AB's Pre-Tax Income for the three months ended in Jun. 2024 was kr11 Mil. Therefore, Concentric AB's Tax Rate % for the quarter that ended in Jun. 2024 was 18.18%.

Concentric AB Tax Rate % Historical Data

The historical data trend for Concentric AB'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.

* Premium members only.

Concentric AB Tax Rate % Chart

Concentric AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.14 19.92 13.33 20.98 20.72

Concentric AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.08 25.83 4.40 21.88 18.18

Concentric AB Tax Rate % Calculation

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

Concentric AB'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 )
=109/526
=20.72 %

Concentric AB's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=2/11
=18.18 %

* 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.

Concentric AB Tax Rate % Related Terms

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Concentric AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Concentric AB (CHIX:COICs) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
PO Box 5058, Stockholm, SWE, 102 42
Website
http://www.concentricab.com
Concentric AB is a Sweden-based company active in designing, development, and manufacturing of hydraulic and engine applications for Agriculture Machinery, Construction equipment, Trucks and Industrial applications. It offers solutions to the manufacturers of construction machinery, diesel engines and large trucks. It offers products related to fuel efficiency and reduced emissions. Its products include oil pumps, transmission pumps, coolant pumps, water pumps, compressor pumps, variable flow oil, Licos friction clutches, belt drives, gear pumps and motors, electro-hydraulic steering units, hydraulic power packs, and other products. The company has business segments in two product groups, namely engine products and hydraulic products.

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