GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Schmid Group NV (NAS:SHMD) » Definitions » Tax Rate %

SHMD (Schmid Group NV) Tax Rate % : -1.15% (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Schmid Group NV Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Schmid Group NV's Tax Expense for the six months ended in Jun. 2024 was $0.92 Mil. Schmid Group NV's Pre-Tax Income for the six months ended in Jun. 2024 was $-79.74 Mil. Therefore, Schmid Group NV's Tax Rate % for the quarter that ended in Jun. 2024 was -1.15%.

Schmid Group NV Tax Rate % Historical Data

The historical data trend for Schmid Group NV'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.

* Premium members only.

Schmid Group NV Tax Rate % Chart

Schmid Group NV Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tax Rate %
- -23.53 -115.40 6.82

Schmid Group NV Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial -115.42 -115.45 10.14 -272.41 -1.15

Schmid Group NV Tax Rate % Calculation

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

Schmid Group NV'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 )
=3.029/44.419
=6.82 %

Schmid Group NV'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 )
=0.915/-79.744
=-1.15 %

* 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.

Schmid Group NV Tax Rate % Related Terms

Thank you for viewing the detailed overview of Schmid Group NV's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Schmid Group NV Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Schmid Group NV (NAS:SHMD) » Definitions » Tax Rate %
Comparable Companies
IVAC CHMX BW TWIN TAYD OPTT HURC HUHU CRAWA TPIC XTER:SIE XPAR:SU ETN PH OSTO:ATCO A ITW EMR CMI XTER:ENR TSE:7011
Traded in Other Exchanges
N/A
Address
Robert-Bosch-Street 32-36, Freudenstadt, BW, DEU, 72250
Website
https://www.schmid-group.com
Schmid Group NV is a global supplier of equipment, software and services for various industries such as printed circuit board (PCB), substrate manufacturing, photovoltaics, and glass and energy storage with a focus on the highest end of this market in terms of technology and performance. It focuses on a modular product portfolio of machinery to use in the manufacturing of high-end PCB equipment and semiconductor packaging devices which includes common flexible circuit fabrication techniques such as subtractive, semi-additive processes (SAP) and modified semi-additive processes (mSAP).

Schmid Group NV Headlines

From GuruFocus

SCHMID Group Takes Next Step Towards Advanced Packaging for Integrated Circuits with Glass Cores

By Marketwired • 05-28-2024