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Spinnova Oyj (OHEL:SPINN) Tax Rate % : -1.80% (As of Dec. 2024)


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What is Spinnova Oyj Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Spinnova Oyj's Tax Expense for the six months ended in Dec. 2024 was €0.14 Mil. Spinnova Oyj's Pre-Tax Income for the six months ended in Dec. 2024 was €-7.54 Mil. Therefore, Spinnova Oyj's Tax Rate % for the quarter that ended in Dec. 2024 was -1.80%.


Spinnova Oyj Tax Rate % Historical Data

The historical data trend for Spinnova Oyj'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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Spinnova Oyj Tax Rate % Chart

Spinnova Oyj Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial - - -0.71 -1.57 -1.89

Spinnova Oyj Semi-Annual Data
Dec18 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 -0.95 -1.08 -2.15 -1.96 -1.80

Spinnova Oyj Tax Rate % Calculation

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

Spinnova Oyj'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 )
=0.312/-16.521
=-1.89 %

Spinnova Oyj'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 )
=0.136/-7.544
=-1.80 %

* 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.


Spinnova Oyj Tax Rate % Related Terms

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Spinnova Oyj Business Description

Traded in Other Exchanges
Address
Palokarjentie 2-4, Jyvaskyla, FIN, 40320
Spinnova Oyj is engaged in the provision of technology deliveries and services for sustainable textile production. The company has developed a technology for making textile fiber from wood or waste, such as leather, textile, or agricultural waste, without harmful chemicals.

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