TH1NG AB (OSTO:TH1NG) Tax Rate % : 4.67% (As of Mar. 2024)

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What is TH1NG AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. TH1NG AB's Tax Expense for the three months ended in Mar. 2024 was kr-0.25 Mil. TH1NG AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr-5.32 Mil. Therefore, TH1NG AB's Tax Rate % for the quarter that ended in Mar. 2024 was 4.67%.

TH1NG AB Tax Rate % Historical Data

The historical data trend for TH1NG 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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TH1NG AB Tax Rate % Chart

TH1NG AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Tax Rate %

33.79

19.53

-473.31

1.36

TH1NG AB Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial											10.00	2.19	-7.49	0.27	4.67

TH1NG AB Tax Rate % Calculation

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

TH1NG 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 )
	=	-0.269	/	-19.759
	=	1.36 %

TH1NG 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 )
	=	-0.248	/	-5.316
	=	4.67 %

TH1NG AB Tax Rate % Related Terms

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TH1NG AB (OSTO:TH1NG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » TH1NG AB (OSTO:TH1NG) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Drottninggatan 67, Stockholm, SWE, 111 36

Website

https://www.th1ng.se

TH1NG AB is the innovative player that delivers and enables smart connected services and internet connection to everything and everyone.

TH1NG AB (OSTO:TH1NG) Headlines

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