Rentunder Holding AB (NGM:RENT) Tax Rate %: 0.00% (As of Dec. 2024)

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What is Rentunder Holding AB Tax Rate %?

Rentunder Holding AB NGM:RENT +18.75% Tax Rate % is 0.00% as of Dec. 2024.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Rentunder Holding AB's Tax Expense for the six months ended in Dec. 2024 was kr0.00 Mil. Rentunder Holding AB's Pre-Tax Income for the six months ended in Dec. 2024 was kr-1.96 Mil. Therefore, Rentunder Holding AB's Tax Rate % for the quarter that ended in Dec. 2024 was 0.00%.

Rentunder Holding AB Tax Rate % Related Terms

Rentunder Holding AB Tax Rate % Historical Data

* Premium members only.

The historical data trend for Rentunder Holding AB'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.

Rentunder Holding AB Tax Rate % Chart

Rentunder Holding AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Rentunder Holding AB Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Rentunder Holding AB Tax Rate % Calculation

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

Rentunder Holding AB's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=0/-3.496
=0.00 %

Rentunder Holding AB's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=0/-1.96
=0.00 %

* 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 0.00% mean?
Rentunder Holding AB (NGM:RENT) has a Tax Rate % of 0.00% as of Dec. 2024.
Is Rentunder Holding AB's Tax Rate % too high?
Rentunder Holding AB's current Tax Rate % is 0.00%.
How does Rentunder Holding AB's Tax Rate % compare to VLTO and ZWS?
Rentunder Holding AB's Tax Rate % of 0.00% can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Tax Rate % depends on the Industrial Products 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. Rentunder Holding AB's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rentunder Holding AB stock overvalued right now?
Rentunder Holding AB (NGM:RENT) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. 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 Rentunder Holding AB (NGM:RENT), the current Tax Rate % is 0.00% as of Dec. 2024. 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.

Rentunder Holding AB Business Description

Address Gammelbygatan 18, Osthammar, SWE, 742 34
Rentunder Holding AB manufactures and sells mobile boat bottom washers. It offers stationary boat washers for motor and sailing boats up to 12, 14 and 16 meters in length and a mobile boat bottom wash for motor boats up to 8 meters.