NVTS (Navitas Semiconductor) Tax Rate % : 1.35% (As of Dec. 2024)

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What is Navitas Semiconductor Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Navitas Semiconductor's Tax Expense for the three months ended in Dec. 2024 was $-0.60 Mil. Navitas Semiconductor's Pre-Tax Income for the three months ended in Dec. 2024 was $-44.36 Mil. Therefore, Navitas Semiconductor's Tax Rate % for the quarter that ended in Dec. 2024 was 1.35%.

Navitas Semiconductor Tax Rate % Historical Data

The historical data trend for Navitas Semiconductor'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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Navitas Semiconductor Tax Rate % Chart

Navitas Semiconductor Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

-0.03

-45.56

0.35

0.38

Navitas Semiconductor Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial												1.52	-1.94	-0.27	-0.67	1.35

Navitas Semiconductor Tax Rate % Calculation

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

Navitas Semiconductor'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 )
	=	-0.342	/	-88.846
	=	0.38 %

Navitas Semiconductor'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 )
	=	-0.598	/	-44.363
	=	1.35 %

Navitas Semiconductor Tax Rate % Related Terms

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Navitas Semiconductor Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Navitas Semiconductor Corp (NAS:NVTS) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3520 Challenger Street, Torrance, CA, USA, 90503-1640

Website

https://www.navitassemi.com

Navitas Semiconductor Corp develops ultra-efficient gallium nitride (GaN) semiconductors that are revolutionizing power electronics. GaN power ICs integrate GaN power with drive, control, and protection to enable fast charging, high power density, and energy savings for mobile, consumer, enterprise, eMobility, and new energy markets. The company operates as one reportable segment, the design, development, manufacture, and marketing of integrated circuits and related components for use in mobile device and other markets. Geographically, the company operates in China, Europe, United States, Rest of Asia and Others. The majority of revenue is generated from China.

Executives

Todd Glickman	officer: Interim Chf Financial Officer	C/O 2101 EL SEGUNDO BLVD., SUITE 204, EL SEGUNDO CA 90245
Ranbir Singh	10 percent owner, officer: EVP, GeneSic Business	2101 E. EL SEGUNDO BLVD., STE. 205, EL SEGUNDO CA 90245
Wunderlich Gary Kent Jr	director	CLO B. RILEY FINANCIAL, INC.,, 21255 BURBANK BLVD., SUITE 400, WOODLAND CA 91367
Richard J Hendrix	director	1300 NORTH 17TH STREET, ARLINGTON VA 22209
Eugene Sheridan	director, officer: Chief Executive Officer	C/O NAVITAS SEMICONDUCTOR CORPORATION, 3520 CHALLENGER STREET, TORRANCE CA 90503-1640
Daniel M. Kinzer	director, officer: Chief Oprtng and Tech Officer	C/O CORP SEC, FAIRCHILD SEMICONDUCTOR, 82 RUNNING HILL RD., S. PORTLAND ME 04106
David Moxam	director	C/O 2101 EL SEGUNDO BLVD., SUITE 204, EL SEGUNDO CA 90245
Dipender Saluja	director	1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Ron Shelton	officer: Sr VP, CFO and Treasurer
Sicpower, Llc	10 percent owner	C/O CORPORATION SERVICE COMPANY, 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Malibuiq, Llc	10 percent owner	21245 SMITH ROAD, COVINGTON LA 70435
Brian Long	director
Atalaya Capital Management Lp	10 percent owner	ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10020
Atalaya Special Purpose Investment Fund Lp	10 percent owner	ONE ROCKEFELLER PLAZA, NEW YORK NY 10710
Acm Asof Vii (cayman) Holdco Lp	10 percent owner	ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10022