Mereo BioPharma Group (Mereo BioPharma Group) Tax Rate % : -4.10% (As of Dec. 2023)

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What is Mereo BioPharma Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mereo BioPharma Group's Tax Expense for the six months ended in Dec. 2023 was $0.61 Mil. Mereo BioPharma Group's Pre-Tax Income for the six months ended in Dec. 2023 was $-14.94 Mil. Therefore, Mereo BioPharma Group's Tax Rate % for the quarter that ended in Dec. 2023 was -4.10%.

Mereo BioPharma Group Tax Rate % Historical Data

The historical data trend for Mereo BioPharma Group'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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Mereo BioPharma Group Tax Rate % Chart

Mereo BioPharma Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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15.26

1.70

10.65

1.67

1.77

Mereo BioPharma Group Semi-Annual Data
	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial												89.25	3.69	-0.92	7.60	-4.10

Mereo BioPharma Group Tax Rate % Calculation

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

Mereo BioPharma Group'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 )
	=	-0.532	/	-29.998
	=	1.77 %

Mereo BioPharma Group'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 )
	=	0.612	/	-14.942
	=	-4.10 %

Mereo BioPharma Group Tax Rate % Related Terms

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Mereo BioPharma Group (Mereo BioPharma Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Mereo BioPharma Group PLC (NAS:MREO) » Definitions » Tax Rate %

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Address

One Cavendish Place, 4th Floor, London, GBR, W1G 0QF

Website

https://www.mereobiopharma.com

Mereo BioPharma Group PLC is a multi-asset, clinical-stage biopharmaceutical company. It is focused on the development and commercialization of therapeutics that aim to improve outcomes for oncology and rare diseases. Its oncology product candidate is etigilimab, for patients with solid tumors. Some of the other products in the pipeline are setrusumab, alvelestat, leflutrozole, navicixizumab, and acumapimod.