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Arecor Therapeutics (FRA:6UI) Tax Rate % : 3.14% (As of Jun. 2024)


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What is Arecor Therapeutics Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Arecor Therapeutics's Tax Expense for the six months ended in Jun. 2024 was €-0.18 Mil. Arecor Therapeutics's Pre-Tax Income for the six months ended in Jun. 2024 was €-5.66 Mil. Therefore, Arecor Therapeutics's Tax Rate % for the quarter that ended in Jun. 2024 was 3.14%.

Arecor Therapeutics Tax Rate % Historical Data

The historical data trend for Arecor Therapeutics'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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Arecor Therapeutics Tax Rate % Chart

Arecor Therapeutics Annual Data
Trend May17 May18 May19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 15.16 21.65 11.17 11.16 3.90

Arecor Therapeutics Semi-Annual Data
May18 May19 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 16.56 5.71 4.75 2.91 3.14

Arecor Therapeutics Tax Rate % Calculation

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

Arecor Therapeutics'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 )
=-0.403/-10.332
=3.90 %

Arecor Therapeutics'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 )
=-0.178/-5.663
=3.14 %

* 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.

Arecor Therapeutics Tax Rate % Related Terms

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Arecor Therapeutics Business Description

Industry
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Traded in Other Exchanges
AREC:UK
Address
Chesterford Research Park, Little Chesterford, Saffron Walden, GBR, CB10 1XL
Website
https://www.arecor.com
Arecor Therapeutics PLC is a focused biopharmaceutical company. The company is transforming patient care by bringing innovative medicines to market through the enhancement of existing therapeutic products. By applying an innovative proprietary formulation technology platform, Aresta. It is developing a portfolio of proprietary products in diabetes and other indications and working with pharmaceutical and biotechnology companies to deliver enhanced reformulations of their therapies. Geographically, it operates in the UK, Switzerland, Germany, Italy, the Rest of Europe, the USA, and India, out of which the majority is from the UK.

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