Minerva (FRA:M0V) Tax Rate % : -1.77% (As of Dec. 2024)

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What is Minerva Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Minerva's Tax Expense for the three months ended in Dec. 2024 was €4 Mil. Minerva's Pre-Tax Income for the three months ended in Dec. 2024 was €-241 Mil. Therefore, Minerva's Tax Rate % for the quarter that ended in Dec. 2024 was -1.77%.

Minerva Tax Rate % Historical Data

The historical data trend for Minerva'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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Minerva Tax Rate % Chart

Minerva Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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9.00

-2.27

-68.78

-15.94

-3.91

Minerva 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															51.84	-24.20	6.78	-14.04	-1.77

Minerva Tax Rate % Calculation

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

Minerva'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 )
	=	9.21	/	-235.576
	=	-3.91 %

Minerva'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 )
	=	4.258	/	-241.056
	=	-1.77 %

Minerva Tax Rate % Related Terms

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Minerva Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Minerva SA (FRA:M0V) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MRVSY:USA BEEF3:Brazil

Address

Avenida Antonio Manco Bernardes s/n, Chacara Minerva, Barretos, SP, BRA, 14781-545

Website

https://www.minervafoods.com

Minerva SA produces and markets beef and other meat products out of South America. The company's activities include the slaughtering of livestock and processing of meat, the sale of fresh chilled, frozen, and processed meat and the exporting of live cattle. It has several different facilities to help with processing. Slaughtering and boning plants acquire the livestock and kick-start the process. A processing plant works on turning raw materials into finished products, and distribution centers are located around the globe to ensure quality and timely deliveries. International trading offices are strategically placed to help strengthen relationships in different regions.

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