Industrivarden AB (OSTO:INDU A) Tax Rate % : 0.42% (As of Mar. 2024)

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What is Industrivarden AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Industrivarden AB's Tax Expense for the three months ended in Mar. 2024 was kr70 Mil. Industrivarden AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr16,590 Mil. Therefore, Industrivarden AB's Tax Rate % for the quarter that ended in Mar. 2024 was 0.42%.

Industrivarden AB Tax Rate % Historical Data

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

Industrivarden AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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0.31

0.55

0.30

0.07

0.53

Industrivarden 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															0.33	2.18	-0.24	0.41	0.42

Industrivarden AB Tax Rate % Calculation

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

Industrivarden 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 )
	=	143	/	26987
	=	0.53 %

Industrivarden 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 )
	=	70	/	16590
	=	0.42 %

Industrivarden AB Tax Rate % Related Terms

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Industrivarden AB (OSTO:INDU A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Industrivarden AB (OSTO:INDU A) » Definitions » Tax Rate %

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INDU C:Sweden INDUCs:UK INDUAs:UK 0MHU:UK 0H13:UK IDVA:Germany

Address

Storgatan 10, Stockholm, SWE, 114 51

Website

https://www.industrivarden.net

Industrivarden AB is an asset management firm with a long-term, activist orientation. The company's stated investment goal is to increase net asset value and generate returns in excess of the market cost of capital. Industrivarden makes investments in Nordic companies it can influence through corporate governance actions. It benchmarks its performance relative to the average return of the Stockholm Stock Exchange. The firm counts many public and private pension managers, foundations, and retail investors as its client base. Its security selection criteria emphasize enduring business models with promising growth prospects at an attractive valuation.

Industrivarden AB (OSTO:INDU A) Headlines

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