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Forsee Power (FRA:4OY) Tax Rate % : -40.80% (As of Jun. 2024)


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What is Forsee Power Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Forsee Power's Tax Expense for the six months ended in Jun. 2024 was €0.9 Mil. Forsee Power's Pre-Tax Income for the six months ended in Jun. 2024 was €-2.1 Mil. Therefore, Forsee Power's Tax Rate % for the quarter that ended in Jun. 2024 was -40.80%.

Forsee Power Tax Rate % Historical Data

The historical data trend for Forsee Power'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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Forsee Power Tax Rate % Chart

Forsee Power Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 0.74 -14.08 -0.35 -1.24 -1.49

Forsee Power Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.66 -1.05 1.92 -6.46 -40.80

Forsee Power Tax Rate % Calculation

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

Forsee Power'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 )
=0.411/-27.551
=-1.49 %

Forsee Power's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=0.874/-2.142
=-40.80 %

* 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.

Forsee Power Tax Rate % Related Terms

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Forsee Power Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Forsee Power SA (FRA:4OY) » Definitions » Tax Rate %
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Traded in Other Exchanges
FORSE:France
Address
1 boulevard Hippolyte Marques, Ivry-sur-Seine, FRA, 94 200
Website
https://www.forseepower.com
Forsee Power SA is engaged in the designing and manufacturing of smart lithium-ion battery systems for the electromobility markets.

Forsee Power Headlines

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