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Tactile Systems Technology (FRA:3L3) Tax Rate % : 28.72% (As of Sep. 2024)


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What is Tactile Systems Technology Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tactile Systems Technology's Tax Expense for the three months ended in Sep. 2024 was €1.9 Mil. Tactile Systems Technology's Pre-Tax Income for the three months ended in Sep. 2024 was €6.5 Mil. Therefore, Tactile Systems Technology's Tax Rate % for the quarter that ended in Sep. 2024 was 28.72%.

Tactile Systems Technology Tax Rate % Historical Data

The historical data trend for Tactile Systems Technology'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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Tactile Systems Technology Tax Rate % Chart

Tactile Systems Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 72.57 -415.13 -15.47 -80.82

Tactile Systems Technology 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 -193.99 30.27 21.36 29.24 28.72

Tactile Systems Technology Tax Rate % Calculation

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

Tactile Systems Technology'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 )
=-11.687/14.461
=-80.82 %

Tactile Systems Technology'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 )
=1.872/6.517
=28.72 %

* 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.

Tactile Systems Technology Tax Rate % Related Terms

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Tactile Systems Technology Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tactile Systems Technology Inc (FRA:3L3) » Definitions » Tax Rate %
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Traded in Other Exchanges
TCMD:USA
Address
3701 Wayzata Boulevard, Suite 300, Minneapolis, MN, USA, 55416
Website
https://www.tactilemedical.com
Tactile Systems Technology Inc is a medical technology company. The company is engaged in developing and providing medical devices for the treatment of chronic diseases. The firm's proprietary platform flexitouch system provides a home-based solution for lymphedema patients. The entire system is another home solution for patients with chronic swelling and actitouch system for chronic venous insufficiency patients that may be worn throughout the day.

Tactile Systems Technology Headlines

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