Nordic Semiconductor ASA (OSL:NOD) Tax Rate % : 16.00% (As of Mar. 2024)

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What is Nordic Semiconductor ASA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nordic Semiconductor ASA's Tax Expense for the three months ended in Mar. 2024 was kr-52 Mil. Nordic Semiconductor ASA's Pre-Tax Income for the three months ended in Mar. 2024 was kr-325 Mil. Therefore, Nordic Semiconductor ASA's Tax Rate % for the quarter that ended in Mar. 2024 was 16.00%.

Nordic Semiconductor ASA Tax Rate % Historical Data

The historical data trend for Nordic Semiconductor 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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Nordic Semiconductor ASA Tax Rate % Chart

Nordic Semiconductor ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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24.51

10.56

18.44

26.81

36.76

Nordic Semiconductor ASA 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															63.78	19.03	30.91	29.34	16.00

Nordic Semiconductor ASA Tax Rate % Calculation

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

Nordic Semiconductor 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 )
	=	46.913	/	127.606
	=	36.76 %

Nordic Semiconductor ASA'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 )
	=	-52.021	/	-325.08
	=	16.00 %

Nordic Semiconductor ASA Tax Rate % Related Terms

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Nordic Semiconductor ASA (OSL:NOD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Nordic Semiconductor ASA (OSL:NOD) » Definitions » Tax Rate %

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NRSDY:USA NDCVF:USA NODO:Sweden 0FF9:UK N0S:Germany

Address

Otto Nielsens veg 12, Trondheim, NOR, 7052

Website

https://www.nordicsemi.com

Nordic Semiconductor has a leading market share in the design of Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic's chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, thread protocol, and long-range connectivity. In 2022 Nordic generated almost $800 million in revenue.

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