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Desert Control AS (Desert Control AS) Tax Rate % : -0.70% (As of Mar. 2024)


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What is Desert Control AS Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Desert Control AS's Tax Expense for the three months ended in Mar. 2024 was $0.01 Mil. Desert Control AS's Pre-Tax Income for the three months ended in Mar. 2024 was $-0.71 Mil. Therefore, Desert Control AS's Tax Rate % for the quarter that ended in Mar. 2024 was -0.70%.

Desert Control AS Tax Rate % Historical Data

The historical data trend for Desert Control AS'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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Desert Control AS Tax Rate % Chart

Desert Control AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
- - - - 0.02

Desert Control AS Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - -0.06 0.13 - -0.70

Desert Control AS Tax Rate % Calculation

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

Desert Control AS'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 )
=-0.001/-5.628
=0.02 %

Desert Control AS's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=0.005/-0.71
=-0.70 %

* 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.

Desert Control AS Tax Rate % Related Terms

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Desert Control AS (Desert Control AS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Desert Control AS (GREY:DRTFF) » Definitions » Tax Rate %
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Traded in Other Exchanges
DSRT:Norway 8KT:Germany
Address
Grenseveien 21, Sandnes, NOR, 4313
Website
https://www.desertcontrol.com
Desert Control AS is a climate technology company specialized in reclaiming degraded soil and turning desert sand into fertile soil. The patented product LNC (Liquid Natural Clay) is a liquid clay compound that enables sand and degraded soil to retain water and nutrients.