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Novamarine SpA (MIL:NOVA) Tax Rate % : 24.21% (As of Dec. 2023)


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What is Novamarine SpA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Novamarine SpA's Tax Expense for the six months ended in Dec. 2023 was €0.47 Mil. Novamarine SpA's Pre-Tax Income for the six months ended in Dec. 2023 was €1.94 Mil. Therefore, Novamarine SpA's Tax Rate % for the quarter that ended in Dec. 2023 was 24.21%.

Novamarine SpA Tax Rate % Historical Data

The historical data trend for Novamarine 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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Novamarine SpA Tax Rate % Chart

Novamarine SpA Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
22.50 16.95 24.21

Novamarine SpA Semi-Annual Data
Dec21 Dec22 Dec23
Tax Rate % 22.50 16.95 24.21

Novamarine SpA Tax Rate % Calculation

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

Novamarine 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 )
=0.469/1.937
=24.21 %

Novamarine 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 )
=0.469/1.937
=24.21 %

* 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.

Novamarine SpA Tax Rate % Related Terms

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Novamarine SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Novamarine SpA (MIL:NOVA) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
Via Rocco de Salvo, Olbia, ITA, 07026
Website
https://www.novamarine.com
Novamarine SpA is a company active in the design, production and marketing of high-performance pleasure boats in the pleasure and professional segments.