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XTI Aerospace (FRA:S80) Tax Rate % : -0.08% (As of Jun. 2024)


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What is XTI Aerospace Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. XTI Aerospace's Tax Expense for the three months ended in Jun. 2024 was €0.01 Mil. XTI Aerospace's Pre-Tax Income for the three months ended in Jun. 2024 was €-13.65 Mil. Therefore, XTI Aerospace's Tax Rate % for the quarter that ended in Jun. 2024 was -0.08%.

XTI Aerospace Tax Rate % Historical Data

The historical data trend for XTI Aerospace'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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XTI Aerospace Tax Rate % Chart

XTI Aerospace Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
- 0.91 -0.07

XTI Aerospace Quarterly Data
Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only - - - -0.17 -0.08

XTI Aerospace Tax Rate % Calculation

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

XTI Aerospace'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 )
=0.022/-31.477
=-0.07 %

XTI Aerospace's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=0.011/-13.654
=-0.08 %

* 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.

XTI Aerospace Tax Rate % Related Terms

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XTI Aerospace Business Description

Industry
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XTIA:USA
Address
7625 South Peoria Street, Suite D11, Englewood, CO, USA, 80112
Website
https://www.xtiaircraft.com
XTI Aerospace Inc is a development-stage aircraft manufacturer. XTI is developing a vertical takeoff and landing (VTOL) aircraft, the TriFan 600, which is a design-stage six-passenger aircraft that it anticipates will provide point-to-point air travel over distances of up to 700 miles while significantly reducing carbon emissions per mile compared to today's gasoline-powered jet aircraft and helicopters. The TriFan 600 is expected to have a wide usage ranging from private and commercial aviation services for businesses and high-net-worth individuals to emergency medical services (EMS).

XTI Aerospace Headlines

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