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CTOR (Citius Oncology) Tax Rate % : -2.80% (As of Sep. 2024)


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What is Citius Oncology Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Citius Oncology's Tax Expense for the six months ended in Sep. 2024 was $0.58 Mil. Citius Oncology's Pre-Tax Income for the six months ended in Sep. 2024 was $-20.57 Mil. Therefore, Citius Oncology's Tax Rate % for the quarter that ended in Sep. 2024 was -2.80%.

Citius Oncology Tax Rate % Historical Data

The historical data trend for Citius Oncology'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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Citius Oncology Tax Rate % Chart

Citius Oncology Annual Data
Trend Sep22 Sep23 Sep24
Tax Rate %
-11.86 -4.75 -2.80

Citius Oncology Semi-Annual Data
Sep22 Sep23 Sep24
Tax Rate % -11.86 -4.75 -2.80

Citius Oncology Tax Rate % Calculation

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

Citius Oncology's Tax Rate % for the fiscal year that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (A: Sep. 2024 )/Pre-Tax Income (A: Sep. 2024 )
=0.576/-20.573
=-2.80 %

Citius Oncology's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=0.576/-20.573
=-2.80 %

* 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.

Citius Oncology Tax Rate % Related Terms

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Citius Oncology Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Citius Oncology Inc (NAS:CTOR) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
11 Commerce Drive, First Floor, Cranford, NY, USA, 07016
Website
https://www.citiusonc.com
Citius Oncology Inc is a specialty pharmaceutical company dedicated to the development and commercialization of critical care products targeting unmet needs with a focus on oncology products. In addition, Citius completed enrollment in its Phase 2b trial of CITI-002 (Halo-Lido), a topical formulation for the relief of hemorrhoids.