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Innovex Downhole Solutions (Innovex Downhole Solutions) Tax Rate % : 0.00% (As of Sep. 2023)


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What is Innovex Downhole Solutions Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Innovex Downhole Solutions's Tax Expense for the three months ended in Sep. 2023 was $0.00 Mil. Innovex Downhole Solutions's Pre-Tax Income for the three months ended in Sep. 2023 was $0.00 Mil. Therefore, Innovex Downhole Solutions's Tax Rate % for the quarter that ended in Sep. 2023 was 0.00%.

Innovex Downhole Solutions Tax Rate % Historical Data

The historical data trend for Innovex Downhole Solutions'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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Innovex Downhole Solutions Tax Rate % Chart

Innovex Downhole Solutions Annual Data
Trend Dec21 Dec22
Tax Rate %
28.05 13.23

Innovex Downhole Solutions Quarterly Data
Dec21 Sep22 Dec22 Sep23
Tax Rate % - - 19.65 -

Innovex Downhole Solutions Tax Rate % Calculation

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

Innovex Downhole Solutions'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 )
=9.651/72.929
=13.23 %

Innovex Downhole Solutions's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2023 )/Pre-Tax Income (Q: Sep. 2023 )
=0/0
= %

* 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.

Innovex Downhole Solutions Tax Rate % Related Terms

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Innovex Downhole Solutions (Innovex Downhole Solutions) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Innovex Downhole Solutions Inc (NYSE:INVX) » Definitions » Tax Rate %
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Innovex Downhole Solutions Inc designs, manufactures, sells and rents mission critical engineered products to the global oil and natural gas industry. Its products include Well head system, Drilling and development, Well construction, Well completion, Production solution and fishing and intervention.

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