MVLA (Movella Holdings) Tax Rate %: 7.18% (As of Jun. 2023)

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What is Movella Holdings Tax Rate %?

Movella Holdings MVLA Tax Rate % is 7.18% as of Jun. 2023.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Movella Holdings's Tax Expense for the six months ended in Jun. 2023 was $0.13 Mil. Movella Holdings's Pre-Tax Income for the six months ended in Jun. 2023 was $1.80 Mil. Therefore, Movella Holdings's Tax Rate % for the quarter that ended in Jun. 2023 was 7.18%.

Movella Holdings Tax Rate % Related Terms

Movella Holdings Tax Rate % Historical Data

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The historical data trend for Movella Holdings'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.

Movella Holdings Tax Rate % Chart

Movella Holdings Annual Data
Trend Dec20 Dec21 Dec22
Tax Rate %
7.00 -9.13 0.00

Movella Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Tax Rate % Get a 7-Day Free Trial -0.01 -4.47 2.43 0.00 7.18

Movella Holdings Tax Rate % Calculation

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

Movella Holdings's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=0/-0.217
=0.00 %

Movella Holdings's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2023 )/Pre-Tax Income (Q: Jun. 2023 )
=0.129/1.797
=7.18 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 7.18% mean?
Movella Holdings (MVLA) has a Tax Rate % of 7.18% as of Jun. 2023.
Is Movella Holdings' Tax Rate % too high?
Movella Holdings' current Tax Rate % is 7.18%.
How does Movella Holdings' Tax Rate % compare to LCHD and QGSI?
Movella Holdings' Tax Rate % of 7.18% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Software company?
A good Tax Rate % depends on the Software industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Movella Holdings's current Tax Rate % is 7.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Movella Holdings stock overvalued right now?
Movella Holdings (MVLA) has a current Tax Rate % of 7.18%. The current Tax Rate % is 7.18%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Movella Holdings (MVLA), the current Tax Rate % is 7.18% as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Movella Holdings Business Description

Address 3535 Executive Terminal Drive, Suite 110, Henderson, NV, USA, 89052
Movella Holdings Inc is a full-stack provider of sensors, software, and analytics that enable the digitization of movement. It serves the entertainment, health & sports, and automation & mobility markets.