Observe Medical ASA (OSL:OBSRV) Tax Rate % : -0.05% (As of Jun. 2023)

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What is Observe Medical ASA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Observe Medical ASA's Tax Expense for the three months ended in Jun. 2023 was kr0.01 Mil. Observe Medical ASA's Pre-Tax Income for the three months ended in Jun. 2023 was kr-17.40 Mil. Therefore, Observe Medical ASA's Tax Rate % for the quarter that ended in Jun. 2023 was -0.05%.

Observe Medical ASA Tax Rate % Historical Data

The historical data trend for Observe Medical 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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Observe Medical ASA Tax Rate % Chart

Observe Medical ASA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-0.15

-0.03

Observe Medical ASA Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															-0.19	-0.13	-0.06	-0.05	-

Observe Medical ASA Tax Rate % Calculation

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

Observe Medical 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 )
	=	0.017	/	-60.345
	=	-0.03 %

Observe Medical ASA's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2023 )	/	Pre-Tax Income (Q: Jun. 2023 )
	=	0.008	/	-17.399
	=	-0.05 %

Observe Medical ASA Tax Rate % Related Terms

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Observe Medical ASA (OSL:OBSRV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Observe Medical ASA (OSL:OBSRV) » Definitions » Tax Rate %

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OM5A:Germany

Address

Dronning Eufemias gate 16, Oslo, NOR, 0191

Website

https://www.observemedical.com

Observe Medical ASA through its subsidiaries develops medical technology products that benefit patients and healthcare professionals. It has developed the product Sippi which is an automatic and digital urine meter and the technology Sippcoat which prevents bacterial migration in closed collection systems.

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