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Newlat Food SpA (MIL:NWL) Tax Rate % : 51.02% (As of Dec. 2023)


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What is Newlat Food SpA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Newlat Food SpA's Tax Expense for the three months ended in Dec. 2023 was €-2.8 Mil. Newlat Food SpA's Pre-Tax Income for the three months ended in Dec. 2023 was €-5.4 Mil. Therefore, Newlat Food SpA's Tax Rate % for the quarter that ended in Dec. 2023 was 51.02%.

Newlat Food SpA Tax Rate % Historical Data

The historical data trend for Newlat Food 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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Newlat Food SpA Tax Rate % Chart

Newlat Food SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 23.50 14.89 34.71 33.37 21.32

Newlat Food SpA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.63 32.08 29.10 51.02 27.58

Newlat Food SpA Tax Rate % Calculation

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

Newlat Food 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 )
=4.203/19.715
=21.32 %

Newlat Food 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 )
=-2.774/-5.437
=51.02 %

* 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.

Newlat Food SpA Tax Rate % Related Terms

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Newlat Food SpA (MIL:NWL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Newlat Food SpA (MIL:NWL) » Definitions » Tax Rate %
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Traded in Other Exchanges
6NF:Germany
Address
Via JF Kennedy 16, Reggio Emilia, ITA, 42124
Website
https://www.newlat.it
Newlat Food SpA is an Italy-based agro-food company. It is engaged in the processing, packaging, sale, and distribution of food and beverages. The company has various operating segments which include Pasta, Milk Products, Bakery Products, Dairy Products, Special Products, Instant noodles, and Other activities. The company operates in Italy, Germany, and other countries.