GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Origin Materials Inc (FRA:5ER) » Definitions » Tax Rate %

Origin Materials (FRA:5ER) Tax Rate % : -0.86% (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Origin Materials Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Origin Materials's Tax Expense for the three months ended in Mar. 2024 was €0.11 Mil. Origin Materials's Pre-Tax Income for the three months ended in Mar. 2024 was €-12.69 Mil. Therefore, Origin Materials's Tax Rate % for the quarter that ended in Mar. 2024 was -0.86%.


Origin Materials Tax Rate % Historical Data

The historical data trend for Origin Materials'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.

* Premium members only.

Origin Materials Tax Rate % Chart

Origin Materials Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tax Rate %
- - - -4.79

Origin Materials Quarterly Data
Jun20 Sep20 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 - -2.04 0.30 11.15 -0.86

Origin Materials Tax Rate % Calculation

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

Origin Materials'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 )
=-0.997/20.826
=-4.79 %

Origin Materials'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 )
=0.109/-12.691
=-0.86 %

* 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.


Origin Materials Tax Rate % Related Terms

Thank you for viewing the detailed overview of Origin Materials's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Origin Materials (FRA:5ER) Business Description

Traded in Other Exchanges
Address
930 Riverside Parkway, Suite 10, West Sacramento, CA, USA, 95605
Origin Materials Inc is a carbon-negative materials company. The platform turns the carbon found in biomass into useful materials, while eliminating the need for fossil resources and capturing carbon in the process.

Origin Materials (FRA:5ER) Headlines

No Headlines