PRTC (PureTech Health) Tax Rate % : 11.17% (As of Jun. 2024)

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What is PureTech Health Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. PureTech Health's Tax Expense for the six months ended in Jun. 2024 was $-6.15 Mil. PureTech Health's Pre-Tax Income for the six months ended in Jun. 2024 was $-55.03 Mil. Therefore, PureTech Health's Tax Rate % for the quarter that ended in Jun. 2024 was 11.17%.

PureTech Health Tax Rate % Historical Data

The historical data trend for PureTech Health'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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PureTech Health Tax Rate % Chart

PureTech Health Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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23.49

75.92

-6.37

60.05

-84.55

PureTech Health Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Tax Rate %	Get a 7-Day Free Trial															58.05	63.09	-85.91	-83.72	11.17

PureTech Health Tax Rate % Calculation

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

PureTech Health'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 )
	=	30.525	/	-36.103
	=	-84.55 %

PureTech Health's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2024 )	/	Pre-Tax Income (Q: Jun. 2024 )
	=	-6.147	/	-55.03
	=	11.17 %

PureTech Health Tax Rate % Related Terms

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PureTech Health Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » PureTech Health PLC (NAS:PRTC) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

PTCHF:USA PRTCl:UK PRTC:UK 0VQ:Germany

Address

6 Tide Street, Suite 400, Boston, MA, USA, 02210

Website

https://www.puretechhealth.com

PureTech Health PLC is a biopharma company developing medicines to modulate the adaptive human system. It is a cross-disciplinary healthcare company developing products that could improve the lives of patients. The company is focused on developing and commercializing highly differentiated medicines for devastating diseases, including inflammatory, fibrotic, and immunological conditions, intractable cancers, lymphatic & gastrointestinal diseases, and neurological & neuropsychological disorders, among others. It operates in the following segments: Wholly-Owned Programs, Controlled Founded Entities, and Parent Companies & Others. The company has a robust pipeline of advanced programs that are post-human proof of concept and focused on some of society's healthcare needs.