Cenit AG (FRA:CSH) Tax Rate % : 32.63% (As of Dec. 2023)

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What is Cenit AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cenit AG's Tax Expense for the three months ended in Dec. 2023 was €1.1 Mil. Cenit AG's Pre-Tax Income for the three months ended in Dec. 2023 was €3.2 Mil. Therefore, Cenit AG's Tax Rate % for the quarter that ended in Dec. 2023 was 32.63%.

Cenit AG Tax Rate % Historical Data

The historical data trend for Cenit AG'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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Cenit AG Tax Rate % Chart

Cenit AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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21.76

33.16

33.17

28.19

27.64

Cenit AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															25.93	65.02	22.35	31.20	32.63

Cenit AG Tax Rate % Calculation

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

Cenit AG'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 )
	=	1.881	/	6.805
	=	27.64 %

Cenit AG's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	1.051	/	3.221
	=	32.63 %

Cenit AG Tax Rate % Related Terms

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Cenit AG (FRA:CSH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cenit AG (FRA:CSH) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CSH:Germany

Address

Industriestrasse 52-54, Stuttgart, DEU, 70565

Website

https://www.cenit.com

Cenit AG is a software and information technology consulting company. It offers Product Lifecycle Management and Enterprise Information Management. The PLM (Product Lifestyle Management) segment focuses on the automotive, aerospace, mechanical engineering, and shipbuilding industries. The Enterprise Information Management focuses on products of the strategic software. The focus of the CENIT Group is on business process optimization and computer-aided design and development technologies. The company's revenue is generated from its Germany segment.

Executives

Peter Schneck

Board of Directors