Meglioquesto SpA (MIL:MQSPA) Tax Rate %: -9.23% (As of Jun. 2023)

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MIL:MQSPA Meglioquesto SpA MIL:MQSPA
20 GF Score
Price €0.22
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What is Meglioquesto SpA Tax Rate %?

Meglioquesto SpA MIL:MQSPA 20 Tax Rate % is -9.23% as of Jun. 2023. GuruFocus rates MIL:MQSPA with a GF Score™ of 20/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Meglioquesto SpA's Tax Expense for the six months ended in Jun. 2023 was €0.77 Mil. Meglioquesto SpA's Pre-Tax Income for the six months ended in Jun. 2023 was €-8.31 Mil. Therefore, Meglioquesto SpA's Tax Rate % for the quarter that ended in Jun. 2023 was -9.23%.

Meglioquesto SpA Tax Rate % Related Terms

Meglioquesto SpA Tax Rate % Historical Data

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The historical data trend for Meglioquesto 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.

Meglioquesto SpA Tax Rate % Chart

Meglioquesto SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Tax Rate %
61.42 41.13 38.36 51.05

Meglioquesto SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Tax Rate % Get a 7-Day Free Trial 40.53 36.95 25.40 122.99 -9.23
MIL:MQSPA
20GF Score
Meglioquesto SpA MIL:MQSPA
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Meglioquesto SpA Tax Rate % Calculation

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

Meglioquesto SpA's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=2.146/4.204
=51.05 %

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

Tax Rate %=Tax Expense (Q: Jun. 2023 )/Pre-Tax Income (Q: Jun. 2023 )
=0.767/-8.308
=-9.23 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of -9.23% mean?
Meglioquesto SpA (MIL:MQSPA) has a Tax Rate % of -9.23% as of Jun. 2023.
Is Meglioquesto SpA's Tax Rate % too high?
Meglioquesto SpA's current Tax Rate % is -9.23%. Overall, Meglioquesto SpA has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Meglioquesto SpA's Tax Rate % compare to GOOGL and META?
Meglioquesto SpA's Tax Rate % of -9.23% can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Interactive Media company?
A good Tax Rate % depends on the Interactive Media industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Meglioquesto SpA's current Tax Rate % is -9.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meglioquesto SpA stock overvalued right now?
Meglioquesto SpA (MIL:MQSPA) has a current Tax Rate % of -9.23%. The current Tax Rate % is -9.23%. Meglioquesto SpA's overall GF Score™ is 20/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Meglioquesto SpA (MIL:MQSPA), the current Tax Rate % is -9.23% as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Meglioquesto SpA Business Description

Address Via Tucidide, 56, Milano, ITA, 20134
Meglioquesto SpA is a portal that provides professional, personal and free assistance and offers a solution or service in line with requests, in total transparency. It constantly analyzes and compares offers and services to give the best customized solutions.
20GF Score

Get the complete analysis for MIL:MQSPA

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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