Innovatec SpA (FRA:5JT) Tax Rate % : 194.31% (As of Jun. 2024)

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What is Innovatec SpA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Innovatec SpA's Tax Expense for the six months ended in Jun. 2024 was €1.1 Mil. Innovatec SpA's Pre-Tax Income for the six months ended in Jun. 2024 was €0.5 Mil. Therefore, Innovatec SpA's Tax Rate % for the quarter that ended in Jun. 2024 was 194.31%.

Innovatec SpA Tax Rate % Historical Data

The historical data trend for Innovatec SpA'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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Innovatec SpA Tax Rate % Chart

Innovatec SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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54.53

37.12

31.35

92.97

-5.83

Innovatec SpA Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Tax Rate %	Get a 7-Day Free Trial															28.28	-81.41	38.49	194.31	6.18

Innovatec SpA Tax Rate % Calculation

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

Innovatec SpA'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 )
	=	2.762	/	2.971
	=	92.97 %

Innovatec SpA'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 )
	=	1.059	/	0.545
	=	194.31 %

Innovatec SpA Tax Rate % Related Terms

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Innovatec SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Innovatec SpA (FRA:5JT) » Definitions » Tax Rate %

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Traded in Other Exchanges

INC:Italy

Address

Via Giovanni Bensi 12/3, Milano, ITA, 20152

Website

https://www.innovatec.it

Innovatec SpA is engaged in the field of energy efficiency and renewable energies. The group is an integrated energy service provider which develops and operates technology, products and services.

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