DNMR (Danimer Scientific) Tax Rate %: -0.01% (As of Sep. 2024)

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DNMR Danimer Scientific Inc DNMR
12 GF Score
Price $0.35
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What is Danimer Scientific Tax Rate %?

Danimer Scientific DNMR 12 Tax Rate % is -0.01% as of Sep. 2024. GuruFocus rates DNMR with a GF Score™ of 12/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Danimer Scientific's Tax Expense for the three months ended in Sep. 2024 was $0.00 Mil. Danimer Scientific's Pre-Tax Income for the three months ended in Sep. 2024 was $-21.84 Mil. Therefore, Danimer Scientific's Tax Rate % for the quarter that ended in Sep. 2024 was -0.01%.

Danimer Scientific Tax Rate % Related Terms

Danimer Scientific Tax Rate % Historical Data

* Premium members only.

The historical data trend for Danimer Scientific'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.

Danimer Scientific Tax Rate % Chart

Danimer Scientific Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
-26.48 0.00 18.04 0.45 -0.21

Danimer Scientific Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -1.18 -0.01 -0.01 -0.01 -0.01
DNMR
12GF Score
Danimer Scientific Inc DNMR
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Danimer Scientific Tax Rate % Calculation

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

Danimer Scientific'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 )
=0.319/-155.154
=-0.21 %

Danimer Scientific'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 )
=0.002/-21.837
=-0.01 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of -0.01% mean?
Danimer Scientific (DNMR) has a Tax Rate % of -0.01% as of Sep. 2024.
Is Danimer Scientific's Tax Rate % too high?
Danimer Scientific's current Tax Rate % is -0.01%. Overall, Danimer Scientific has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Danimer Scientific's Tax Rate % compare to HGAS and BON?
Danimer Scientific's Tax Rate % of -0.01% can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Chemicals company?
A good Tax Rate % depends on the Chemicals industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Danimer Scientific's current Tax Rate % is -0.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danimer Scientific stock overvalued right now?
Danimer Scientific (DNMR) has a current Tax Rate % of -0.01%. The current Tax Rate % is -0.01%. Danimer Scientific's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Danimer Scientific (DNMR), the current Tax Rate % is -0.01% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Danimer Scientific Business Description

Address 140 Industrial Boulevard, Bainbridge, GA, USA, 39817
Danimer Scientific Inc creates more sustainable, more natural ways to make plastic products sold under the proprietary Nodax brand name. The company's renewable and sustainable biopolymers have helped create plastic products that are biodegradable and compostable. Danimer Scientific's products return to nature instead of polluting lands and waters. Its technology can be found in a vast array of plastic end-use products that people use every day. Applications for its biopolymers include additives, aqueous coatings, fibers, filaments, films, and injection-molded articles, among others. Geographically, the company generates a majority of its revenue from the United States and the rest from Germany, Poland, Belgium, and other regions.
12GF Score

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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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