CSBTF (Kuros Biosciences) Tax Rate % : 119.25% (As of Jun. 2024)

View and export this data going back to . Start your Free Trial

What is Kuros Biosciences Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kuros Biosciences's Tax Expense for the six months ended in Jun. 2024 was $1.46 Mil. Kuros Biosciences's Pre-Tax Income for the six months ended in Jun. 2024 was $1.23 Mil. Therefore, Kuros Biosciences's Tax Rate % for the quarter that ended in Jun. 2024 was 119.25%.

Kuros Biosciences Tax Rate % Historical Data

The historical data trend for Kuros Biosciences'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.

Kuros Biosciences Tax Rate % Chart

Kuros Biosciences Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

4.83

4.75

21.07

8.73

-2.84

Kuros Biosciences Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Tax Rate %	Get a 7-Day Free Trial															18.10	5.03	-3.52	-2.46	119.25

Kuros Biosciences Tax Rate % Calculation

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

Kuros Biosciences'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 )
	=	0.439	/	-15.434
	=	-2.84 %

Kuros Biosciences'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 )
	=	1.462	/	1.226
	=	119.25 %

Kuros Biosciences Tax Rate % Related Terms

Thank you for viewing the detailed overview of Kuros Biosciences's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Kuros Biosciences Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Kuros Biosciences Ltd (OTCPK:CSBTF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

KURNz:UK 0RHR:UK KURN:Switzerland

Address

Wagistrasse 25, Schlieren, Zurich, CHE, 8952

Website

https://www.kurosbio.com

Kuros Biosciences Ltd is a Swiss-based biopharmaceutical company focused on the development of innovative products for tissue repair and bone regeneration. It operates through the following segments: Medical devices, Pharmaceuticals and Legacy portfolio. The Medical devices segment includes products such as MagnetOs and Attrax. The Pharmaceuticals segment includes products such as Fibrin-PTH, a drug-biologic combination that promotes targeted and controlled bone formation through the induction of osteoprogenitor cell differentiation, enhancement, of osteoblast proliferation and increasing the lifespan of bone-forming cells. The Legacy portfolio segment includes all other products that do not belong to the group's core business strategy.