ONWRF (Onward Medical NV) Tax Rate % : 1.71% (As of Jun. 2024)

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What is Onward Medical NV Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Onward Medical NV's Tax Expense for the six months ended in Jun. 2024 was $-0.34 Mil. Onward Medical NV's Pre-Tax Income for the six months ended in Jun. 2024 was $-19.99 Mil. Therefore, Onward Medical NV's Tax Rate % for the quarter that ended in Jun. 2024 was 1.71%.

Onward Medical NV Tax Rate % Historical Data

The historical data trend for Onward Medical NV'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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Onward Medical NV Tax Rate % Chart

Onward Medical NV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-0.29

-0.10

-0.20

2.28

-0.30

Onward Medical NV Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Tax Rate %	Get a 7-Day Free Trial						-0.22	4.56	-0.24	-0.37	1.71

Onward Medical NV Tax Rate % Calculation

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

Onward Medical NV'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 )
	=	0.117	/	-39.339
	=	-0.30 %

Onward Medical NV's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2024 )	/	Pre-Tax Income (Q: Jun. 2024 )
	=	-0.342	/	-19.989
	=	1.71 %

Onward Medical NV Tax Rate % Related Terms

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Onward Medical NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Onward Medical NV (OTCPK:ONWRF) » Definitions » Tax Rate %

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Traded in Other Exchanges

63E:Germany ONWD:Belgium

Address

High Tech Campus 32, Noord-Braban, Eindhoven, NH, NLD, NL-5656 AE

Website

https://www.onwd.com

Onward Medical NV is a medical technology company developing and commercializing therapies to enable functional recovery for people with spinal cord injuries. It has developed two programmable neurostimulation platforms: an implantable system, ARCIM, and a non-invasive, transcutaneous system, ARCEX. The company has selected the United States and four European markets: Germany, France, the UK, and the Netherlands to create a customer base.