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Valtecne SpA (MIL:VLT) Tax Rate % : 25.51% (As of Jun. 2024)


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What is Valtecne SpA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Valtecne SpA's Tax Expense for the six months ended in Jun. 2024 was €0.75 Mil. Valtecne SpA's Pre-Tax Income for the six months ended in Jun. 2024 was €2.94 Mil. Therefore, Valtecne SpA's Tax Rate % for the quarter that ended in Jun. 2024 was 25.51%.


Valtecne SpA Tax Rate % Historical Data

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

Valtecne SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tax Rate %
6.90 9.61 24.02 25.95

Valtecne SpA Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial 25.86 20.47 27.11 22.34 25.51

Valtecne SpA Tax Rate % Calculation

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

Valtecne 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 )
=1.115/4.296
=25.95 %

Valtecne 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 )
=0.749/2.936
=25.51 %

* 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.


Valtecne SpA Tax Rate % Related Terms

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Valtecne SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Al Campo Sportivo, 277, Berbenno di Valtellina, Sondrio, ITA, 23010
Valtecne SpA is a specialist in the production of specialized precision mechanical components for the Medical Technology and Industrial sectors.