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Noratis AG (HAM:NUVA) Tax Rate % : 22.35% (As of Jun. 2023)


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What is Noratis AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Noratis AG's Tax Expense for the six months ended in Jun. 2023 was €-0.98 Mil. Noratis AG's Pre-Tax Income for the six months ended in Jun. 2023 was €-4.36 Mil. Therefore, Noratis AG's Tax Rate % for the quarter that ended in Jun. 2023 was 22.35%.

Noratis AG Tax Rate % Historical Data

The historical data trend for Noratis AG'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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Noratis AG Tax Rate % Chart

Noratis AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tax Rate %
Get a 7-Day Free Trial 27.46 28.28 32.68 28.98 30.97

Noratis AG Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 28.31 31.14 28.76 63.40 22.35

Noratis AG Tax Rate % Calculation

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

Noratis AG's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=3.713/11.989
=30.97 %

Noratis AG's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2023 )/Pre-Tax Income (Q: Jun. 2023 )
=-0.975/-4.363
=22.35 %

* 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.

Noratis AG Tax Rate % Related Terms

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Noratis AG (HAM:NUVA) Business Description

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Traded in Other Exchanges
NUVA:Germany
Address
Hauptstrasse 129, Eschborn, HE, DEU, 65760
Website
https://www.noratis.de
Noratis AG is a developer of residential property portfolios. The company invests in residential properties with technical and commercial development potential in Germany, mainly in small and medium-sized towns or on the outskirts of metropolitan areas. The Company specializes in the upgrading of ageing residential portfolios, mostly company-owned apartments, residential areas or housing estates in cities with more than 10,000 inhabitants and in peripheral areas of conurbations.