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Novem Group (LTS:0ABP) Tax Rate % : 25.58% (As of Sep. 2024)


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What is Novem Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Novem Group's Tax Expense for the three months ended in Sep. 2024 was €3.1 Mil. Novem Group's Pre-Tax Income for the three months ended in Sep. 2024 was €12.3 Mil. Therefore, Novem Group's Tax Rate % for the quarter that ended in Sep. 2024 was 25.58%.

Novem Group Tax Rate % Historical Data

The historical data trend for Novem 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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Novem Group Tax Rate % Chart

Novem Group Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Tax Rate %
66.68 12.79 29.52 25.61

Novem Group Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 25.86 25.57 30.37 25.00 25.58

Novem Group Tax Rate % Calculation

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

Novem Group's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2024 )/Pre-Tax Income (A: Mar. 2024 )
=11.975/46.756
=25.61 %

Novem 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 )
=3.137/12.263
=25.58 %

* 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.

Novem Group Tax Rate % Related Terms

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Novem Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Novem Group SA (LTS:0ABP) » Definitions » Tax Rate %
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Traded in Other Exchanges
NVM:Germany
Address
Industriestrasse 45, Vorbach, DEU, 95519
Website
https://www.novem.com
Novem Group SA operates as a developer, supplier, and system supplier for trim parts and decorative functional elements in vehicle interiors. The products of the company are central consoles, dashboards, beltlines, and others. The company operates in three reportable geographical segments namely Europe, Americas, and Asia. The business activities of these segments includes the production, processing, and sale of high quality trims and decorative functional elements in vehicle interiors.

Novem Group Headlines

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