NKT A/S (OCSE:NKT) Tax Rate % : 21.31% (As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is NKT A/S Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NKT A/S's Tax Expense for the three months ended in Mar. 2024 was kr97 Mil. NKT A/S's Pre-Tax Income for the three months ended in Mar. 2024 was kr455 Mil. Therefore, NKT A/S's Tax Rate % for the quarter that ended in Mar. 2024 was 21.31%.

NKT A/S Tax Rate % Historical Data

The historical data trend for NKT A/S'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.

* Premium members only.

NKT A/S Tax Rate % Chart

NKT A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

20.25

-15.33

24.20

29.63

20.23

NKT A/S Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															23.08	26.15	22.77	2.56	21.31

NKT A/S Tax Rate % Calculation

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

NKT A/S'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 )
	=	224.348	/	1109.071
	=	20.23 %

NKT A/S's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	96.932	/	454.835
	=	21.31 %

NKT A/S Tax Rate % Related Terms

Thank you for viewing the detailed overview of NKT A/S's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

NKT A/S (OCSE:NKT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NKT A/S (OCSE:NKT) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

NRKBF:USA NKTc:UK 0MGC:UK NKT:Germany

Address

Vibeholms Alle 20, Broendby, DNK, 2605

Website

https://www.nkt.com

NKT A/S is a Denmark-based holding company that acquires, owns, and manages industrial companies in three business areas: Solutions, Applications, and Service and Accessories. NKT provides cables for power infrastructure, including onshore and offshore power transmission system, and its solutions bring power to interconnections, hydro-electric, and nuclear power plants, including onshore and offshore wind farms, oil and gas platforms, and solar energy. NKT Photonics, a supplier of fiber lasers and photonic crystal fibers. Geographically, the company operates and derives its majority revenue from mainland Europe, but it's also expanding its business to the U.S., China, and the U.K.

NKT A/S (OCSE:NKT) Headlines

No Headlines