Bjorn Borg AB (OSTO:BORG) Tax Rate % : 21.31% (As of Mar. 2024)

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What is Bjorn Borg AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bjorn Borg AB's Tax Expense for the three months ended in Mar. 2024 was kr5.7 Mil. Bjorn Borg AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr27.0 Mil. Therefore, Bjorn Borg AB's Tax Rate % for the quarter that ended in Mar. 2024 was 21.31%.

Bjorn Borg AB Tax Rate % Historical Data

The historical data trend for Bjorn Borg 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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Bjorn Borg AB Tax Rate % Chart

Bjorn Borg AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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20.01

-7.13

19.50

27.78

22.24

Bjorn Borg AB 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															19.17	22.44	20.98	29.05	21.31

Bjorn Borg AB Tax Rate % Calculation

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

Bjorn Borg AB'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 )
	=	21.722	/	97.691
	=	22.24 %

Bjorn Borg AB'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 )
	=	5.743	/	26.954
	=	21.31 %

Bjorn Borg AB Tax Rate % Related Terms

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Bjorn Borg AB (OSTO:BORG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bjorn Borg AB (OSTO:BORG) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

6BB0:Germany

Address

Frösundaviks allé 1, Solna, Stockholm, SWE, SE-169 70

Website

https://www.bjornborg.com

Bjorn Borg AB is engaged in the apparel industry. It owns the Bjorn Borg brand, through which it offers fashion underwear, sportswear, fragrances, footwear, bags, luggage, eyewear, and home products. The company operates in the segments of Wholesale, Consumer Direct, Distributors, and Licensing. A majority of the revenue is derived from the Wholesale segment which consists of revenue and expenses associated with the company's wholesale operations. The Group has wholesale operations in Sweden, Finland, the Netherlands, Belgium, Germany, and England for apparel and underwear as well as in Sweden, Finland, and the Baltic countries for footwear. Geographically, it derives a majority of revenue from Sweden.

Bjorn Borg AB (OSTO:BORG) Headlines

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