Nexans (FRA:NXS) Tax Rate % : 20.35% (As of Dec. 2023)

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What is Nexans Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nexans's Tax Expense for the six months ended in Dec. 2023 was €23 Mil. Nexans's Pre-Tax Income for the six months ended in Dec. 2023 was €113 Mil. Therefore, Nexans's Tax Rate % for the quarter that ended in Dec. 2023 was 20.35%.

Nexans Tax Rate % Historical Data

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

Nexans Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-60.27

57.81

30.38

26.55

23.29

Nexans Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															19.23	20.40	43.82	25.14	20.35

Nexans Tax Rate % Calculation

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

Nexans'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 )
	=	68	/	292
	=	23.29 %

Nexans'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 )
	=	23	/	113
	=	20.35 %

Nexans Tax Rate % Related Terms

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Nexans (FRA:NXS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nexans (FRA:NXS) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

NXPRF:USA NEXNY:USA 0IGF:UK NEX:France NXS:Germany

Address

8 rue du Général Foy, Paris, FRA, 75008

Website

http://www.nexans.com

Nexans is a French company that manufactures and distributes cable products. The company operates through three segments. The transmission, distribution, and operators segment consists of power cables for energy infrastructure, as well as copper and optical fiber cables for public telecommunication networks. The industry segment refers to specialty cables for industrial customers, as well as cables for the shipbuilding, railroad, and aeronautical manufacturing industries, among others. The distributors and installers segment consists of equipment cables for the building market and private telecommunication networks. France, Germany, and Norway are the three biggest markets for the company.

Nexans (FRA:NXS) Headlines

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