EGOXF (Next e GO NV) Tax Rate %: 25.81% (As of Jun. 2023)

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What is Next e GO NV Tax Rate %?

Next e GO NV EGOXF -99.00% Tax Rate % is 25.81% as of Jun. 2023.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Next e GO NV's Tax Expense for the six months ended in Jun. 2023 was $-9.13 Mil. Next e GO NV's Pre-Tax Income for the six months ended in Jun. 2023 was $-35.37 Mil. Therefore, Next e GO NV's Tax Rate % for the quarter that ended in Jun. 2023 was 25.81%.

Next e GO NV Tax Rate % Related Terms

Next e GO NV Tax Rate % Historical Data

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The historical data trend for Next e GO NV'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.

Next e GO NV Tax Rate % Chart

Next e GO NV Annual Data
Trend Dec21 Dec22
Tax Rate %
32.45 28.77

Next e GO NV Semi-Annual Data
Dec21 Jun22 Dec22 Jun23
Tax Rate % 0.00 31.38 26.47 25.81

Next e GO NV Tax Rate % Calculation

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

Next e GO NV's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=-24.689/-85.817
=28.77 %

Next e GO NV's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2023 )/Pre-Tax Income (Q: Jun. 2023 )
=-9.13/-35.374
=25.81 %

* 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 25.81% mean?
Next e GO NV (EGOXF) has a Tax Rate % of 25.81% as of Jun. 2023.
Is Next e GO NV's Tax Rate % too high?
Next e GO NV's current Tax Rate % is 25.81%.
How does Next e GO NV's Tax Rate % compare to MULN and CENN?
Next e GO NV's Tax Rate % of 25.81% can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Tax Rate % depends on the Vehicles & Parts 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. Next e GO NV's current Tax Rate % is 25.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next e GO NV stock overvalued right now?
Next e GO NV (EGOXF) has a current Tax Rate % of 25.81%. The current Tax Rate % is 25.81%. 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 Next e GO NV (EGOXF), the current Tax Rate % is 25.81% as of Jun. 2023. 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.

Next e GO NV Business Description

Address c/o Next.e.GO Mobile SE, Lilienthalstrasse 1, Aachen, DEU, 52068
Next e GO NV designs and manufactures battery electric vehicles for the urban environment, with focus on convenience, reliability and affordability. It has developed a disruptive solution for producing its electric vehicles using proprietary technologies and low cost MicroFactories.