Softing AG (LTS:0G73) Tax Rate % : 11.45% (As of Dec. 2024)

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What is Softing AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Softing AG's Tax Expense for the three months ended in Dec. 2024 was €0.16 Mil. Softing AG's Pre-Tax Income for the three months ended in Dec. 2024 was €1.42 Mil. Therefore, Softing AG's Tax Rate % for the quarter that ended in Dec. 2024 was 11.45%.

Softing AG Tax Rate % Historical Data

The historical data trend for Softing AG'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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Softing AG Tax Rate % Chart

Softing AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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15.48

123.86

-109.41

-75.86

-72.99

Softing AG Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															-1.27	39.53	-35.37	3.17	11.45

Softing AG Tax Rate % Calculation

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

Softing AG's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	0.662	/	-0.907
	=	-72.99 %

Softing AG's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	0.163	/	1.423
	=	11.45 %

Softing AG Tax Rate % Related Terms

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Softing AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Softing AG (LTS:0G73) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SYT:Germany

Address

Richard-Reitzner-Allee 6, Haar, BY, DEU, 85540

Website

https://company.softing.com

Softing AG is engaged in developing software, hardware, and system solutions. The business operates in segments namely, Industrial, Automotive, and IT Networks. The Industrial segment which derives the majority of revenue engages in the provision of industrial communications solutions and products for the manufacturing and process industry. The Automotive segment stands for key technologies in automotive electronics as well as such closely related areas in electronics as the commercial vehicle or agricultural machinery industry. The IT Networks segment is engaged in testing, qualifying, and certifying cabling in IT systems. Geographically, it derives the majority of its revenue from the USA.

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