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Vimi Fasteners SpA (MIL:VIM) Tax Rate % : 22.68% (As of Jun. 2024)


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What is Vimi Fasteners SpA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Vimi Fasteners SpA's Tax Expense for the six months ended in Jun. 2024 was €0.13 Mil. Vimi Fasteners SpA's Pre-Tax Income for the six months ended in Jun. 2024 was €0.56 Mil. Therefore, Vimi Fasteners SpA's Tax Rate % for the quarter that ended in Jun. 2024 was 22.68%.

Vimi Fasteners SpA Tax Rate % Historical Data

The historical data trend for Vimi Fasteners 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.

* Premium members only.

Vimi Fasteners SpA Tax Rate % Chart

Vimi Fasteners SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only 303.08 68.56 8.26 10.64 10.95

Vimi Fasteners SpA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.15 16.48 13.66 5.49 22.68

Vimi Fasteners SpA Tax Rate % Calculation

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

Vimi Fasteners 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 )
=0.241/2.2
=10.95 %

Vimi Fasteners 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 )
=0.127/0.56
=22.68 %

* 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.

Vimi Fasteners SpA Tax Rate % Related Terms

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Vimi Fasteners SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vimi Fasteners SpA (MIL:VIM) » Definitions » Tax Rate %
Comparable Companies
MIL:FVI HKSE:00669 SNA SWK LECO RBC OSTO:SKF B TSE:6586 TTC TKR XSWX:SFSN SZSE:002444 TSE:9962 XTER:GIL TSE:6141 TPE:2049 OSTO:HUSQ A BOM:522113 SZSE:300475 SZSE:301029
Traded in Other Exchanges
N/A
Address
Via Labriola, 19, Reggio Emilia, Novellara, ITA, 42017
Website
https://www.vimifasteners.com
Vimi Fasteners SpA is an Italian company that manufactures and markets fasteners and mechanical components for the automotive, industrial engine, agricultural infrastructure, oil and gas, and renewable energy sectors. The different products offered by the company include connecting rod screws, screws and studs for braking systems, turbocharger screws and shafts, pins, wheel hubs, and others. Geographically, the company generates maximum revenue from the European Union (EU) countries, followed by Italy, the United States and Canada, and other regions.

Vimi Fasteners SpA Headlines

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