NetEnt AB (OSTO:NET IL B.PFD) Tax Rate % : 9.20% (As of Sep. 2020)

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What is NetEnt AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NetEnt AB's Tax Expense for the three months ended in Sep. 2020 was kr16.94 Mil. NetEnt AB's Pre-Tax Income for the three months ended in Sep. 2020 was kr184.04 Mil. Therefore, NetEnt AB's Tax Rate % for the quarter that ended in Sep. 2020 was 9.20%.

NetEnt AB Tax Rate % Historical Data

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

NetEnt AB Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Tax Rate %

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7.26

7.54

5.64

7.22

9.37

NetEnt AB Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Tax Rate %	Get a 7-Day Free Trial															9.91	11.32	7.32	10.13	9.20

NetEnt AB Tax Rate % Calculation

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

NetEnt AB's Tax Rate % for the fiscal year that ended in Dec. 2019 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2019 )	/	Pre-Tax Income (A: Dec. 2019 )
	=	44.337	/	473.206
	=	9.37 %

NetEnt AB's Tax Rate % for the quarter that ended in Sep. 2020 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2020 )	/	Pre-Tax Income (Q: Sep. 2020 )
	=	16.938	/	184.044
	=	9.20 %

NetEnt AB Tax Rate % Related Terms

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NetEnt AB (OSTO:NET IL B.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NetEnt AB (OSTO:NET IL B.PFD) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

Vasagatan 16, Stockholm, SWE, SE-111 20

Website

http://www.netent.com

NetEnt AB is a Swedish company that is involved in the entertainment business and primarily develops and sells casino systems and game applications. The company's gaming portfolio comprises various game categories, including video slots, the firm's most popular category; branded games; live casino; table games; video poker; lottery and other; mini games; and pooled jackpot games. NetEnt and its customers, which are casino operators, work according to a partnership model where gaming operators pay a monthly license fee to NetEnt calculated as a percentage of the game win generated by NetEnt's games. Outside Sweden, the firm has expanded across Europe, namely in Spain and the United Kingdom, as well as New Jersey in the United States.

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