Mereo BioPharma Group (LTS:0A9G) Tax Rate % : 0.00% (As of Sep. 2024)

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What is Mereo BioPharma Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mereo BioPharma Group's Tax Expense for the three months ended in Sep. 2024 was $0.00 Mil. Mereo BioPharma Group's Pre-Tax Income for the three months ended in Sep. 2024 was $-15.00 Mil. Therefore, Mereo BioPharma Group's Tax Rate % for the quarter that ended in Sep. 2024 was 0.00%.

Mereo BioPharma Group Tax Rate % Historical Data

The historical data trend for Mereo BioPharma Group'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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Mereo BioPharma Group Tax Rate % Chart

Mereo BioPharma Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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15.26

1.70

10.65

1.67

1.77

Mereo BioPharma Group Quarterly Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															-	5.52	-	-	-

Mereo BioPharma Group Tax Rate % Calculation

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

Mereo BioPharma Group'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 )
	=	-0.532	/	-29.998
	=	1.77 %

Mereo BioPharma Group's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	0	/	-15.001
	=	0.00 %

Mereo BioPharma Group Tax Rate % Related Terms

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Mereo BioPharma Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Mereo BioPharma Group PLC (LTS:0A9G) » Definitions » Tax Rate %

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MREO:USA MAH0:Germany

Address

One Cavendish Place, 4th Floor, London, GBR, W1G 0QF

Website

https://www.mereobiopharma.com

Mereo BioPharma Group PLC is a United Kingdom (U.K.) based biopharmaceutical company focused on the development of innovative therapeutics for rare diseases. The Company has developed a portfolio of late-stage clinical product candidates, and its two rare disease product candidates are setrusumab for the treatment of osteogenesis imperfecta (OI) and alvelestat primarily for the treatment of severe alpha-1 antitrypsin deficiency-associated lung disease (AATD-LD).

Mereo BioPharma Group Headlines

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