InnoCan Pharma (FRA:IP4) Tax Rate % : 59.56% (As of Sep. 2024)

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What is InnoCan Pharma Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. InnoCan Pharma's Tax Expense for the three months ended in Sep. 2024 was €0.38 Mil. InnoCan Pharma's Pre-Tax Income for the three months ended in Sep. 2024 was €0.63 Mil. Therefore, InnoCan Pharma's Tax Rate % for the quarter that ended in Sep. 2024 was 59.56%.

InnoCan Pharma Tax Rate % Historical Data

The historical data trend for InnoCan Pharma'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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InnoCan Pharma Tax Rate % Chart

InnoCan Pharma Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-0.03

-5.30

InnoCan Pharma Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															-	-36.70	-19.16	33.33	59.56

InnoCan Pharma Tax Rate % Calculation

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

InnoCan Pharma'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 )
	=	0.196	/	-3.699
	=	-5.30 %

InnoCan Pharma's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	0.377	/	0.633
	=	59.56 %

InnoCan Pharma Tax Rate % Related Terms

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InnoCan Pharma Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » InnoCan Pharma Corp (FRA:IP4) » Definitions » Tax Rate %

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INNPF:USA INNO:Canada

Address

1015, 926 - 5 Avenue SW, Calgary, AB, CAN, T2P 0N7

Website

https://www.innocanpharma.com

InnoCan Pharma Corp is a pharmaceutical tech company that focuses on the development of several drug delivery platforms combining cannabidiol with other pharmaceutical ingredients as well as the development and sale of CBD-integrated pharmaceuticals. Geographically, it derives a majority of its revenue from the United States.

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