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EQTEC (LSE:EQT) Tax Rate % : -0.26% (As of Jun. 2024)


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What is EQTEC Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. EQTEC's Tax Expense for the six months ended in Jun. 2024 was £0.01 Mil. EQTEC's Pre-Tax Income for the six months ended in Jun. 2024 was £-2.70 Mil. Therefore, EQTEC's Tax Rate % for the quarter that ended in Jun. 2024 was -0.26%.

EQTEC Tax Rate % Historical Data

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

EQTEC Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.58 -0.10

EQTEC Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.75 - -0.11 -0.26

EQTEC Tax Rate % Calculation

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

EQTEC'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 )
=0.02/-20.468
=-0.10 %

EQTEC'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 )
=0.007/-2.696
=-0.26 %

* 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.

EQTEC Tax Rate % Related Terms

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EQTEC Business Description

Industry
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Traded in Other Exchanges
KEU:Germany
Address
Building 1000, City Gate, Mahon, Cork, IRL, T12 W7CV
Website
https://www.eqtec.com
EQTEC PLC is a developer of clean energy infrastructure focused on reducing greenhouse gas emissions and wastes through gasification technologies. The company provides solutions to manage rising levels of waste and meet the growing demand for clean energy the group design and supplies state of the art gasification solutions and have a higher efficiency product offering that is modular and scalable from 1MW to 30MW and the solutions produce synthesis gas (syngas), that can be used for the widest applications in the generation of clean energy, hydrogen, and biofuels, enabling the Net Zero Future through exceptional solutions for hydrogen, biofuels, SNG, and other energy production.