AcadeMedia AB (OSTO:ACAD) Tax Rate % : 22.63% (As of Dec. 2023)

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What is AcadeMedia AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. AcadeMedia AB's Tax Expense for the three months ended in Dec. 2023 was kr31 Mil. AcadeMedia AB's Pre-Tax Income for the three months ended in Dec. 2023 was kr137 Mil. Therefore, AcadeMedia AB's Tax Rate % for the quarter that ended in Dec. 2023 was 22.63%.

AcadeMedia AB Tax Rate % Historical Data

The historical data trend for AcadeMedia AB'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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AcadeMedia AB Tax Rate % Chart

AcadeMedia AB Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Tax Rate %

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24.03

22.48

22.41

22.83

23.85

AcadeMedia AB 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															24.31	21.66	26.16	18.18	22.63

AcadeMedia AB Tax Rate % Calculation

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

AcadeMedia AB's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Jun. 2023 )	/	Pre-Tax Income (A: Jun. 2023 )
	=	181	/	759
	=	23.85 %

AcadeMedia AB'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 )
	=	31	/	137
	=	22.63 %

AcadeMedia AB Tax Rate % Related Terms

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AcadeMedia AB (OSTO:ACAD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » AcadeMedia AB (OSTO:ACAD) » Definitions » Tax Rate %

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0RHN:UK V8T:Germany

Address

Adolf Fredriks Kyrkogata 2, P.O. Box 213, Stockholm, SWE, SE-101 24

Website

http://www.academedia.se

AcadeMedia AB is an education and consultancy provider in Northern Europe operating preschools, compulsory schools, and upper secondary schools in Sweden and Norway, as well as adult education units in Sweden. The company's operating segment includes Preschool, Compulsory School, Upper Secondary School, Adult Education, and others. It generates maximum revenue from the Upper Secondary School segment. Upper Secondary School segment brands include Praktiska, Drottning Blanka, NTI, LBS, ProCivitas, and Rytmus. Geographically, it derives a majority of its revenue from Sweden.