Thermal Energy International (FRA:EUW) Tax Rate % : 16.15% (As of Nov. 2023)

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What is Thermal Energy International Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Thermal Energy International's Tax Expense for the three months ended in Nov. 2023 was €0.06 Mil. Thermal Energy International's Pre-Tax Income for the three months ended in Nov. 2023 was €0.39 Mil. Therefore, Thermal Energy International's Tax Rate % for the quarter that ended in Nov. 2023 was 16.15%.

Thermal Energy International Tax Rate % Historical Data

The historical data trend for Thermal Energy International'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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Thermal Energy International Tax Rate % Chart

Thermal Energy International Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Tax Rate %

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19.35

13.84

-1,061.54

-5.05

-3.81

Thermal Energy International Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Tax Rate %	Get a 7-Day Free Trial															1.02	-0.83	-2.96	0.89	16.15

Thermal Energy International Tax Rate % Calculation

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

Thermal Energy International's Tax Rate % for the fiscal year that ended in May. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: May. 2023 )	/	Pre-Tax Income (A: May. 2023 )
	=	-0.018	/	0.472
	=	-3.81 %

Thermal Energy International's Tax Rate % for the quarter that ended in Nov. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Nov. 2023 )	/	Pre-Tax Income (Q: Nov. 2023 )
	=	0.063	/	0.39
	=	16.15 %

Thermal Energy International Tax Rate % Related Terms

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Thermal Energy International (FRA:EUW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Thermal Energy International Inc (FRA:EUW) » Definitions » Tax Rate %

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TMGEF:USA EUW:Germany TMG:Canada

Address

36 Antares Drive, Suite 850, Ottawa, ON, CAN, K2E 7W5

Website

https://www.thermalenergy.com

Thermal Energy International Inc is a supplier of proprietary, energy efficiency and emissions reduction solutions to the industrial and institutional sectors. It markets, sells, engineers, fabricates, constructs, installs and supports technology lines - heat recovery solutions and condensate return system solutions. The product portfolio consists of GEM steam traps, FLU-ACE - direct contact condensing heat recovery, and Dry Rex - low-temperature biomass drying systems. The operating segment includes geographical areas that reflect the core business which has units located in Ottawa, Canada and Bristol, UK. The firm derives revenue from Canada, the UK, Germany, France, Poland, India, etc and the rest of the world. Substantial sales revenue comes from the USA.

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