GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pressure Technologies PLC (LSE:PRES) » Definitions » Tax Rate %

Pressure Technologies (LSE:PRES) Tax Rate % : -4.69% (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Pressure Technologies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Pressure Technologies's Tax Expense for the six months ended in Mar. 2024 was £0.06 Mil. Pressure Technologies's Pre-Tax Income for the six months ended in Mar. 2024 was £-1.17 Mil. Therefore, Pressure Technologies's Tax Rate % for the quarter that ended in Mar. 2024 was -4.69%.

Pressure Technologies Tax Rate % Historical Data

The historical data trend for Pressure Technologies'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.

* Premium members only.

Pressure Technologies Tax Rate % Chart

Pressure Technologies Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.47 5.57 15.51 -1.30 39.16

Pressure Technologies Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 19.00 -29.02 - -153.87 -4.69

Pressure Technologies Tax Rate % Calculation

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

Pressure Technologies's Tax Rate % for the fiscal year that ended in Sep. 2023 is calculated as

Tax Rate %=Tax Expense (A: Sep. 2023 )/Pre-Tax Income (A: Sep. 2023 )
=-0.437/-1.116
=39.16 %

Pressure Technologies's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=0.055/-1.173
=-4.69 %

* 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.

Pressure Technologies Tax Rate % Related Terms

Thank you for viewing the detailed overview of Pressure Technologies's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Pressure Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pressure Technologies PLC (LSE:PRES) » Definitions » Tax Rate %
Comparable Companies
LSE:NTQ LSE:TAND LSE:VLS LSE:GTC LSE:POS LSE:THAL SLB BKR HAL MIL:TEN FTI NOV SHSE:601808 WFRD ASX:WOR CHX VAL XPAR:GTT OSL:SUBC XPAR:TE
Traded in Other Exchanges
PRS:Germany
Address
Meadowhall Road, Pressure Technologies Building, Sheffield, South Yorkshire, GBR, S9 1BT
Website
https://www.pressuretechnologies.com
Pressure Technologies PLC designs and manufactures high-pressure systems serving the global energy, defense, and industrial gas markets. The company's segments include Cylinders, which are engaged in the design, manufacture and reconditioning of seamless high-pressure gas cylinders and Precision Machined Components are engaged in the manufacture of precision-engineered valve wear parts used in the oil and gas industries. It derives maximum revenue from the Cylinders segment. The company generates the majority of its revenue from the United Kingdom.

Pressure Technologies Headlines

No Headlines