Norsk Titanium AS (Norsk Titanium AS) Tax Rate % : 0.07% (As of Dec. 2023)

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What is Norsk Titanium AS Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Norsk Titanium AS's Tax Expense for the six months ended in Dec. 2023 was $-0.02 Mil. Norsk Titanium AS's Pre-Tax Income for the six months ended in Dec. 2023 was $-21.48 Mil. Therefore, Norsk Titanium AS's Tax Rate % for the quarter that ended in Dec. 2023 was 0.07%.

Norsk Titanium AS Tax Rate % Historical Data

The historical data trend for Norsk Titanium AS'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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Norsk Titanium AS Tax Rate % Chart

Norsk Titanium AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-0.02

-0.14

0.58

0.06

-0.10

Norsk Titanium AS Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial					1.41	-	0.05	-0.81	0.07

Norsk Titanium AS Tax Rate % Calculation

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

Norsk Titanium AS'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 )
	=	0.027	/	-26.65
	=	-0.10 %

Norsk Titanium AS'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 )
	=	-0.015	/	-21.479
	=	0.07 %

Norsk Titanium AS Tax Rate % Related Terms

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Norsk Titanium AS (Norsk Titanium AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Norsk Titanium AS (OTCPK:NORSF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

NTI:Norway 84F:Germany

Address

Flyplassveien 20, Honefoss, NOR, 3514

Website

https://www.norsktitanium.com

Norsk Titanium AS is a producer of aerospace-grade, additively manufactured, structural titanium components for commercial aerospace tier-one suppliers. Its patented RPD technology revolutionizes the industry by pioneering a new era of on-demand metal additive manufacturing that delivers 3D-printed, structural titanium, providing substantial lead-time and cost savings to the aerospace, defence, and industrial markets.

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