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Ecomembrane SpA (MIL:ECMB) Tax Rate % : 13.61% (As of Dec. 2023)


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What is Ecomembrane SpA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ecomembrane SpA's Tax Expense for the six months ended in Dec. 2023 was €0.34 Mil. Ecomembrane SpA's Pre-Tax Income for the six months ended in Dec. 2023 was €2.47 Mil. Therefore, Ecomembrane SpA's Tax Rate % for the quarter that ended in Dec. 2023 was 13.61%.

Ecomembrane SpA Tax Rate % Historical Data

The historical data trend for Ecomembrane SpA'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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Ecomembrane SpA Tax Rate % Chart

Ecomembrane SpA Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
20.97 30.17 23.65

Ecomembrane SpA Semi-Annual Data
Dec21 Dec22 Jun23 Dec23
Tax Rate % - - -3.01 13.61

Ecomembrane SpA Tax Rate % Calculation

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

Ecomembrane SpA'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 )
=0.364/1.539
=23.65 %

Ecomembrane SpA's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=0.336/2.468
=13.61 %

* 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.

Ecomembrane SpA Tax Rate % Related Terms

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Ecomembrane SpA (MIL:ECMB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ecomembrane SpA (MIL:ECMB) » Definitions » Tax Rate %
Comparable Companies
MIL:GRAL MIL:SAC BALL AVY PKG AMCR IP CCK WRK SZSE:002812 DUB:SK3 XSWX:SIGN TSX:CCL.A GPK BERY SON REYN LSE:SMDS SLGN SEE
Traded in Other Exchanges
N/A
Address
Via Pari Opportunita n. 9, Gadesco, Pieve Delmona, ITA, 26030
Website
https://www.ecomembrane.com
Ecomembrane SpA operates in the sector of design, sale and installation of components for biogas and biomethane production plants and gas storage systems, such as biogas, methane, CO2 and hydrogen. Specifically, it carries out production activity which mainly takes the form of cutting, high-frequency welding and packaging of membrane covers using, as the main material, PVC-coated polyester fabric. The company operates globally and has the most extensive network in the world in terms of installations as well as production structure. Its products include 3Master, 2 Master, Cupola M2- heat shield, Cupola M3, Econtainer, M1 cone, and Claricover.

Ecomembrane SpA (MIL:ECMB) Headlines

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