Mips AB (OSTO:MIPS) Tax Rate % : 26.67% (As of Mar. 2024)

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What is Mips AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mips AB's Tax Expense for the three months ended in Mar. 2024 was kr4.0 Mil. Mips AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr15.0 Mil. Therefore, Mips AB's Tax Rate % for the quarter that ended in Mar. 2024 was 26.67%.

Mips AB Tax Rate % Historical Data

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

Mips AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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22.22

21.82

22.26

21.52

23.81

Mips 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															21.05	23.08	27.78	27.27	26.67

Mips AB Tax Rate % Calculation

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

Mips 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 )
	=	20	/	84
	=	23.81 %

Mips 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 )
	=	4	/	15
	=	26.67 %

Mips AB Tax Rate % Related Terms

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Mips AB (OSTO:MIPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Mips AB (OSTO:MIPS) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MIPSs:UK 0RNQ:UK 7M1:Germany

Address

Kemistvagen 1B, Taby, Stockholm, SWE, SE-183 79

Website

https://www.mipscorp.com

MIPS AB manufactures and sells helmet-based safety and brain protection products in Sweden. The company sells MIPS Brain Protection System for helmet solutions in the consumer market such as bicycles, winter sports, motorcycles, horse riding, team sports, and others; and in commercial markets such as military, police, and rescue services.

Mips AB (OSTO:MIPS) Headlines

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