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Cinclus Pharma Holding AB (OSTO:CINPHA) Tax Rate % : -0.31% (As of Dec. 2024)


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What is Cinclus Pharma Holding AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cinclus Pharma Holding AB's Tax Expense for the three months ended in Dec. 2024 was kr0.17 Mil. Cinclus Pharma Holding AB's Pre-Tax Income for the three months ended in Dec. 2024 was kr-54.09 Mil. Therefore, Cinclus Pharma Holding AB's Tax Rate % for the quarter that ended in Dec. 2024 was -0.31%.


Cinclus Pharma Holding AB Tax Rate % Historical Data

The historical data trend for Cinclus Pharma Holding 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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Cinclus Pharma Holding AB Tax Rate % Chart

Cinclus Pharma Holding AB Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Tax Rate %
- -7.82 -0.24 -0.45

Cinclus Pharma Holding AB Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.96 -0.59 -0.60 -0.35 -0.31

Cinclus Pharma Holding AB Tax Rate % Calculation

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

Cinclus Pharma Holding AB's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=0.75/-167.281
=-0.45 %

Cinclus Pharma Holding AB's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=0.166/-54.093
=-0.31 %

* 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.


Cinclus Pharma Holding AB Tax Rate % Related Terms

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Cinclus Pharma Holding AB Business Description

Traded in Other Exchanges
N/A
Address
Kungsbron 1, Stockholm, SWE, SE-111 22
Cinclus Pharma Holding AB is a clinical stage pharmaceutical company developing a drug for the treatment of erosive gastroesophageal reflux diseases, and a dual therapy treatment with an antibiotic targeting Helicobacter pylori which is a bacteria that occurs in the gastric and duodenal mucosa. The Company's main target population is patients suffering from severe eGERD, where there is a lack of satisfactory treatment options.

Cinclus Pharma Holding AB Headlines

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