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Initiator Pharma AS (OSTO:INIT) Tax Rate % : 69.12% (As of Dec. 2024)


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What is Initiator Pharma AS Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Initiator Pharma AS's Tax Expense for the three months ended in Dec. 2024 was kr-2.94 Mil. Initiator Pharma AS's Pre-Tax Income for the three months ended in Dec. 2024 was kr-4.25 Mil. Therefore, Initiator Pharma AS's Tax Rate % for the quarter that ended in Dec. 2024 was 69.12%.

Initiator Pharma AS Tax Rate % Historical Data

The historical data trend for Initiator Pharma AS'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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Initiator Pharma AS Tax Rate % Chart

Initiator Pharma AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only 15.07 13.12 12.86 17.45 12.83

Initiator Pharma AS 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 141.98 - - - 69.12

Initiator Pharma AS Tax Rate % Calculation

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

Initiator Pharma AS'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 )
=-2.937/-22.883
=12.83 %

Initiator Pharma AS'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 )
=-2.937/-4.249
=69.12 %

* 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.

Initiator Pharma AS Tax Rate % Related Terms

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Initiator Pharma AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Initiator Pharma AS (OSTO:INIT) » Definitions » Tax Rate %
Comparable Companies
OSTO:CANTA OSTO:IVACC OSTO:XBRANE OSTO:LIPUM OSTO:ISOFOL OSTO:ONCO OSTO:IRLAB A OSTO:IMMU OSTO:XINT OSTO:ACE VRTX ASX:CSL REGN XKRX:207940 XBRU:ARGX ALNY XBRU:UCB ONC XKRX:068270 BNTX
Traded in Other Exchanges
N/A
Address
Co/ COBIS, Ole Maaloesvej 3, Copenhagen, DNK, 2200
Website
https://www.initiatorpharma.com
Initiator Pharma AS is a research and development company engaged in the pharmaceutical development of drugs to be used for erectile dysfunction, depression, and pain. It Research is focused in the area of monoamine reuptake inhibitors.

Initiator Pharma AS Headlines

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