Romande Energie Holding (LTS:0QQG) Tax Rate % : 7.77% (As of Jun. 2024)

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What is Romande Energie Holding Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Romande Energie Holding's Tax Expense for the six months ended in Jun. 2024 was CHF5.6 Mil. Romande Energie Holding's Pre-Tax Income for the six months ended in Jun. 2024 was CHF72.0 Mil. Therefore, Romande Energie Holding's Tax Rate % for the quarter that ended in Jun. 2024 was 7.77%.

Romande Energie Holding Tax Rate % Historical Data

The historical data trend for Romande Energie Holding'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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Romande Energie Holding Tax Rate % Chart

Romande Energie Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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20.60

8.96

19.52

11.67

8.55

Romande Energie Holding Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Tax Rate %	Get a 7-Day Free Trial															-7.98	2.32	7.79	9.53	7.77

Romande Energie Holding Tax Rate % Calculation

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

Romande Energie Holding'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 )
	=	20.095	/	234.999
	=	8.55 %

Romande Energie Holding's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2024 )	/	Pre-Tax Income (Q: Jun. 2024 )
	=	5.594	/	71.99
	=	7.77 %

Romande Energie Holding Tax Rate % Related Terms

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Romande Energie Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Romande Energie Holding SA (LTS:0QQG) » Definitions » Tax Rate %

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REHNz:UK REHN:Switzerland

Address

Rue de Lausanne 53, P.O. Box 950, Morges, CHE, CH-1110

Website

https://www.romande-energie.ch

Romande Energie Holding SA is a Swiss utility company involved in the generation, distribution, and marketing of electricity and energy services. The company's segment includes Grids; Energy Solutions; Romande Energie Services and Corporate. It generates maximum revenue from the Energy Solutions segment. The Energy Solutions business unit spans the entire kWh chain, operating through two divisions: generation and power/heating distribution; and end-markets. The Energy division's main mission is to maintain the security of supply for customers. It also develops new installations powered by renewable energy sources. The Markets division offers turnkey solutions to its various customers.

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