Gensight Biologics (LTS:0RIM) Tax Rate % : -0.09% (As of Jun. 2024)

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What is Gensight Biologics Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Gensight Biologics's Tax Expense for the six months ended in Jun. 2024 was €0.01 Mil. Gensight Biologics's Pre-Tax Income for the six months ended in Jun. 2024 was €-5.84 Mil. Therefore, Gensight Biologics's Tax Rate % for the quarter that ended in Jun. 2024 was -0.09%.

Gensight Biologics Tax Rate % Historical Data

The historical data trend for Gensight Biologics'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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Gensight Biologics Tax Rate % Chart

Gensight Biologics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-0.01

-0.02

Gensight Biologics 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															-0.01	-0.02	-0.02	0.01	-0.09

Gensight Biologics Tax Rate % Calculation

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

Gensight Biologics'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	/	-26.221
	=	0.00 %

Gensight Biologics'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 )
	=	0.005	/	-5.841
	=	-0.09 %

Gensight Biologics Tax Rate % Related Terms

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Gensight Biologics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Gensight Biologics SA (LTS:0RIM) » Definitions » Tax Rate %

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GSGTF:USA SIGHT:France G49N:Germany

Address

74, rue du Faubourg Saint-Antoine, Paris, FRA, 75012

Website

https://www.gensight-biologics.com

Gensight Biologics SA is a clinical-stage biotechnology group discovering and developing novel therapies for neurodegenerative retinal diseases and diseases of the central nervous system. The company's pipeline leverages two core technology platforms, the Mitochondrial Targeting Sequence, and Optogenetics, to help preserve or restore vision in patients suffering from severe degenerative retinal diseases. The group's focus is on ophthalmology where it develops product candidates to restore eyesight to patients suffering from retinal diseases. The product candidate, LUMEVOQ, was developed using the MTS technology platform and is designed to treat LHON by restoring the function of retinal diseases resulting from mutations.

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