Granges AB (OSTO:GRNG) Tax Rate % : 14.22% (As of Dec. 2024)

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What is Granges AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Granges AB's Tax Expense for the three months ended in Dec. 2024 was kr29 Mil. Granges AB's Pre-Tax Income for the three months ended in Dec. 2024 was kr204 Mil. Therefore, Granges AB's Tax Rate % for the quarter that ended in Dec. 2024 was 14.22%.

Granges AB Tax Rate % Historical Data

The historical data trend for Granges 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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Granges AB Tax Rate % Chart

Granges AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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20.04

19.78

20.81

19.98

19.18

Granges AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															38.98	19.45	21.30	19.72	14.22

Granges AB Tax Rate % Calculation

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

Granges 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 )
	=	240	/	1251
	=	19.18 %

Granges 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 )
	=	29	/	204
	=	14.22 %

Granges AB Tax Rate % Related Terms

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Granges AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Granges AB (OSTO:GRNG) » Definitions » Tax Rate %

Traded in Other Exchanges

0R9X:UK 9GR:Germany

Address

Linnegatan 18, Stockholm, SWE, 114 47

Website

https://www.granges.com

Granges AB is a Sweden-based supplier of rolled aluminum products for original equipment manufacturers. It offers products in heat exchanger applications, specialty packaging, and new rolled product niches. Some of the products offered by the company include clad tubes, mechanically bonded copper tubes, brazed aluminum heat exchangers, aluminum packaging products, cathode foil materials, battery cooling aluminum plates, and aluminum powder materials, among others. These products find their applications in automotive, electrification and battery, specialty packaging, industrial, heating, ventilation and air conditioning, and other industries. The company's operating segments are Granges Eurasia and Granges Americas. Maximum revenue is derived from the Granges Eurasia segment.

Granges AB Headlines

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