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Tenax International SpA (MIL:TNX) Tax Rate % : 36.27% (As of Jun. 2024)


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What is Tenax International SpA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tenax International SpA's Tax Expense for the six months ended in Jun. 2024 was €0.31 Mil. Tenax International SpA's Pre-Tax Income for the six months ended in Jun. 2024 was €0.85 Mil. Therefore, Tenax International SpA's Tax Rate % for the quarter that ended in Jun. 2024 was 36.27%.

Tenax International SpA Tax Rate % Historical Data

The historical data trend for Tenax International 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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Tenax International SpA Tax Rate % Chart

Tenax International SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 49.39 29.75 7.42 38.55 33.68

Tenax International SpA Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -4.20 29.56 37.35 32.05 36.27

Tenax International SpA Tax Rate % Calculation

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

Tenax International 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 )
=0.355/1.054
=33.68 %

Tenax International SpA's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=0.309/0.852
=36.27 %

* 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.

Tenax International SpA Tax Rate % Related Terms

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Tenax International SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tenax International SpA (MIL:TNX) » Definitions » Tax Rate %
Comparable Companies
MIL:EVA MIL:BIRO TSLA TSE:7203 SZSE:002594 MIL:RACE XTER:MBG XTER:VOW3 XTER:BMW XTER:P911 GM NSE:MARUTI TSE:7267 F NSE:M&M XKRX:005380 NSE:TATAMOTORS MIL:STLAM LI HKSE:02333
Traded in Other Exchanges
N/A
Address
Via Balduina 3, Rio Saliceto, ITA, 42010
Website
https://www.tenaxinternational.com
Tenax International SpA is engaged in designing and production of low-voltage electric road sweepers and street washers in Italy. The company also offers pre-owned street washers and road sweepers.

Tenax International SpA Headlines

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