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Res SpA (MIL:RES) Tax Rate % : 23.31% (As of Dec. 2023)


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What is Res SpA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Res SpA's Tax Expense for the six months ended in Dec. 2023 was €0.35 Mil. Res SpA's Pre-Tax Income for the six months ended in Dec. 2023 was €1.48 Mil. Therefore, Res SpA's Tax Rate % for the quarter that ended in Dec. 2023 was 23.31%.

Res SpA Tax Rate % Historical Data

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

Res SpA Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
26.78 99.57 28.71

Res SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % - 11.37 -8.89 34.52 23.31

Res SpA Tax Rate % Calculation

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

Res 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 )
=0.819/2.853
=28.71 %

Res 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 )
=0.345/1.48
=23.31 %

* 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.

Res SpA Tax Rate % Related Terms

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Res SpA (MIL:RES) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Res SpA (MIL:RES) » Definitions » Tax Rate %
Comparable Companies
MIL:GTH WM RSG WCN XPAR:VIE GFL CLH XMAD:FCC CWST SHSE:603568 SZSE:002340 SRCL ASX:CWY SZSE:300070 OSL:TOM HKSE:00257 SZSE:000035 SHSE:601827 SHSE:603588 TSX:SES
Traded in Other Exchanges
N/A
Address
Pettoranello del Molise, Zona Industriale, ITA, 86090
Website
https://www.recuperoeticosostenibile.it
Res SpA operates in the waste sector. The business activity is mainly focused on the collection and sorting of materials. The company deals with the entire waste management process from selection to functional treatment and transformation to the regeneration and recovery of waste and reuse as production raw materials.