L E Lundbergforetagen AB (LTS:0GWB) Tax Rate % : 11.14% (As of Sep. 2024)

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What is L E Lundbergforetagen AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. L E Lundbergforetagen AB's Tax Expense for the three months ended in Sep. 2024 was kr346 Mil. L E Lundbergforetagen AB's Pre-Tax Income for the three months ended in Sep. 2024 was kr3,106 Mil. Therefore, L E Lundbergforetagen AB's Tax Rate % for the quarter that ended in Sep. 2024 was 11.14%.

L E Lundbergforetagen AB Tax Rate % Historical Data

The historical data trend for L E Lundbergforetagen AB'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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L E Lundbergforetagen AB Tax Rate % Chart

L E Lundbergforetagen AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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16.28

8.12

12.90

24.83

6.12

L E Lundbergforetagen AB Quarterly Data
	Dec19	Mar20	Jun20	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															29.41	-0.32	5.24	72.29	11.14

L E Lundbergforetagen AB Tax Rate % Calculation

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

L E Lundbergforetagen AB'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 )
	=	566	/	9244
	=	6.12 %

L E Lundbergforetagen AB'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 )
	=	346	/	3106
	=	11.14 %

L E Lundbergforetagen AB Tax Rate % Related Terms

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L E Lundbergforetagen AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » L E Lundbergforetagen AB (LTS:0GWB) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

LBGUF:USA LUND B:Sweden LUNDBs:UK LU3B:Germany

Address

Hovslagargatan 5B, PO Box 14048, Stockholm, SWE, 104 40

Website

https://www.lundbergforetagen.se

L E Lundbergforetagen AB is an investment holding company with a long-term, activist orientation. Its portfolio includes a wholly owned unlisted real estate entity, publicly-traded subsidiaries, and other major shareholdings. Lundberg's investment objective is to generate returns on capital that over time substantially exceed the yield on a risk-free, interest-bearing instrument. Real estate operations, which the company has conducted through subsidiaries for decades, account for nearly half of the company's net asset value. Lundberg exercises activism through board representation on all of its portfolio companies. It supports its capital allocation program by maintaining low levels of indebtedness on its balance sheet.

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