Co-Diagnostics (FRA:C97) Tax Rate % : 0.08% (As of Dec. 2024)

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What is Co-Diagnostics Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Co-Diagnostics's Tax Expense for the three months ended in Dec. 2024 was €-0.01 Mil. Co-Diagnostics's Pre-Tax Income for the three months ended in Dec. 2024 was €-10.54 Mil. Therefore, Co-Diagnostics's Tax Rate % for the quarter that ended in Dec. 2024 was 0.08%.

Co-Diagnostics Tax Rate % Historical Data

The historical data trend for Co-Diagnostics'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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Co-Diagnostics Tax Rate % Chart

Co-Diagnostics Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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0.21

19.67

24.45

7.29

-0.15

Co-Diagnostics Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															-35.37	-0.25	-0.28	-0.23	0.08

Co-Diagnostics Tax Rate % Calculation

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

Co-Diagnostics's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	0.054	/	-35.891
	=	-0.15 %

Co-Diagnostics's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	-0.008	/	-10.542
	=	0.08 %

Co-Diagnostics Tax Rate % Related Terms

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Co-Diagnostics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Co-Diagnostics Inc (FRA:C97) » Definitions » Tax Rate %

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CODX:USA 0A50:UK

Address

2401 South Foothill Drive, Salt Lake City, UT, USA, 84109

Website

https://www.codiagnostics.com

Co-Diagnostics Inc is a molecular diagnostics company. It develops, licenses, and commercializes molecular technologies such as lab systems (MDx device) and manufacture and sell reagents used for tests that are designed using the detection and/or analysis of nucleic acid molecules (DNA or RNA). CDI's low-cost system uses its tests to diagnose tuberculosis, Zika, hepatitis B and C, Malaria, dengue and HIV.The Company's technologies are utilized for tests that are designed using the detection and/or analysis of nucleic acid molecules (DNA or RNA). The Company also uses its proprietary technology to design specific tests for its Co-Dx PCR platform and to locate genetic markers for use in applications other than infectious diseases.

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