Kitron ASA (OSL:KIT) Tax Rate % : 27.38% (As of Dec. 2023)

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What is Kitron ASA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Kitron ASA's Tax Expense for the three months ended in Dec. 2023 was kr53 Mil. Kitron ASA's Pre-Tax Income for the three months ended in Dec. 2023 was kr193 Mil. Therefore, Kitron ASA's Tax Rate % for the quarter that ended in Dec. 2023 was 27.38%.

Kitron ASA Tax Rate % Historical Data

The historical data trend for Kitron ASA'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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Kitron ASA Tax Rate % Chart

Kitron ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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21.86

22.27

25.14

26.68

21.17

Kitron ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															33.56	18.41	18.75	21.14	27.38

Kitron ASA Tax Rate % Calculation

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

Kitron ASA'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 )
	=	157.608	/	744.325
	=	21.17 %

Kitron ASA'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 )
	=	52.92	/	193.271
	=	27.38 %

Kitron ASA Tax Rate % Related Terms

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Kitron ASA (OSL:KIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kitron ASA (OSL:KIT) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

KITO:Sweden KP5:Germany

Address

Olav Brunborgs vei 4, Billingstad, NOR, 1396

Website

https://www.kitron.com

Kitron ASA is an electronics manufacturing service company. It manufactures products that are embedded in the customers' own products and box-built electronic products. The company provides a high-level assembly of complex electromechanical products and also provides various other services within development, industrialization, supply chain management, logistics, and aftermarket services. The company has manufacturing facilities in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, and the United States. It serves Defense/Aerospace, Energy/Telecoms, Industry, Medical Devices, and Offshore/Marine markets. The company operates in a single segment Electronics Manufacturing Services from which it earns the majority of its revenues.

Kitron ASA (OSL:KIT) Headlines

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