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Kendrion NV (FRA:K3E) Tax Rate % : 24.00% (As of Sep. 2024)


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What is Kendrion NV Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kendrion NV's Tax Expense for the three months ended in Sep. 2024 was €0.6 Mil. Kendrion NV's Pre-Tax Income for the three months ended in Sep. 2024 was €2.5 Mil. Therefore, Kendrion NV's Tax Rate % for the quarter that ended in Sep. 2024 was 24.00%.

Kendrion NV Tax Rate % Historical Data

The historical data trend for Kendrion NV'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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Kendrion NV Tax Rate % Chart

Kendrion NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.55 24.56 28.36 -16.62 28.78

Kendrion NV 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.74 -14.29 2.44 54.55 24.00

Kendrion NV Tax Rate % Calculation

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

Kendrion NV'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 )
=4/13.9
=28.78 %

Kendrion NV'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 )
=0.6/2.5
=24.00 %

* 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.

Kendrion NV Tax Rate % Related Terms

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Kendrion NV Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kendrion NV (FRA:K3E) » Definitions » Tax Rate %
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Traded in Other Exchanges
KENDR:Netherlands 0G68:UK
Address
Herikerbergweg 213, Vesta Building, 5th floor, Amsterdam, NLD, 1101 CN
Website
https://www.kendrion.com
Kendrion NV is engaged in developing and manufacturing electromagnetic brakes, actuators, and control units for a wide range of industrial applications, including wind turbines, robots, automated guided vehicles, energy distribution, medical equipment, and inductive heating. It operates through two Business Groups: Industrial Brakes (IB) and Industrial Actuators and Controls (IAC). It has three segments Automotive Core, Automotive E, and Industrial in which the majority of its revenue comes from Industrial. It has a geographic presence in Asia, The Americas, Germany, Other European countries, and Other countries. The majority of the revenue comes from Germany.

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