PhotoCure ASA (PhotoCure ASA) Tax Rate % : -97.08% (As of Mar. 2024)

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What is PhotoCure ASA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. PhotoCure ASA's Tax Expense for the three months ended in Mar. 2024 was $0.37 Mil. PhotoCure ASA's Pre-Tax Income for the three months ended in Mar. 2024 was $-0.38 Mil. Therefore, PhotoCure ASA's Tax Rate % for the quarter that ended in Mar. 2024 was -97.08%.

PhotoCure ASA Tax Rate % Historical Data

The historical data trend for PhotoCure ASA'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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PhotoCure ASA Tax Rate % Chart

PhotoCure ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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30.65

32.57

2.41

-1.01

89.92

PhotoCure ASA 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															-16.06	63.96	44.80	20.33	-97.08

PhotoCure ASA Tax Rate % Calculation

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

PhotoCure ASA'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 )
	=	0.83	/	0.923
	=	89.92 %

PhotoCure ASA'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 )
	=	0.366	/	-0.377
	=	-97.08 %

PhotoCure ASA Tax Rate % Related Terms

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PhotoCure ASA (PhotoCure ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » PhotoCure ASA (OTCPK:PHCUF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

PHOO:Sweden PHO:Norway 0IMT:UK

Address

Hoffsveien 4, Oslo, NOR, 0275

Website

https://www.photocure.com

PhotoCure ASA is a Norway-based business group associated with the research, development, production, distribution, marketing, and sales of pharmaceutical products specialty pharmaceutical companies. Its technology platform is focused on the field of photodynamic diagnosis and treatment of cancer. It has two operating segments of the group the Commercial franchise and the Development portfolio. It generates prime revenue from the Commercial franchise segment, which includes Hexvix and Cysview products. Its geographical segments are Nordic countries, Germany, France, Austria, the United Kingdom, Netherlands, Other European countries, and the United States.