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Teqnion AB (OSTO:TEQ) Tax Rate % : 19.35% (As of Sep. 2024)


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What is Teqnion AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Teqnion AB's Tax Expense for the three months ended in Sep. 2024 was kr7 Mil. Teqnion AB's Pre-Tax Income for the three months ended in Sep. 2024 was kr34 Mil. Therefore, Teqnion AB's Tax Rate % for the quarter that ended in Sep. 2024 was 19.35%.

Teqnion AB Tax Rate % Historical Data

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

Teqnion AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial 10.04 22.38 22.52 20.12 22.06

Teqnion AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 20.90 27.19 15.60 16.06 19.35

Teqnion AB Tax Rate % Calculation

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

Teqnion 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 )
=35.4/160.5
=22.06 %

Teqnion AB's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=6.6/34.1
=19.35 %

* 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.

Teqnion AB Tax Rate % Related Terms

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Teqnion AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Teqnion AB (OSTO:TEQ) » Definitions » Tax Rate %
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OSTO:ALLIGO B OSTO:MMGR B OSTO:FNM OSTO:INISS B XSAT:TURA OSTO:BUFAB OSTO:OEM B GWW FAST FERG WSO POOL ASX:REH XKRX:047050 WCC OSTO:INDT SITE TSX:TIH AIT MSM
Traded in Other Exchanges
M45:Germany
Address
Evenemangsgatan 31A, Solna, SWE, 169 79
Website
http://teqnion.se
Teqnion AB is an industrial group active in three business areas namely Industry, Growth and Niche. Through these, Teqnion offers leading products and specialist expertise in selected market niches. This includes components, machines, systems and services with high technology content. The company's business model is to grow both through organic growth in the subsidiaries and company acquisitions. Most of the group's sales are in the Nordic region with Sweden as the primary main market.

Teqnion AB Headlines

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