SHPWQ (Shapeways Holdings) Tax Rate %: 0.31% (As of Dec. 2023)

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What is Shapeways Holdings Tax Rate %?

Shapeways Holdings SHPWQ -99.00% Tax Rate % is 0.31% as of Dec. 2023.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shapeways Holdings's Tax Expense for the three months ended in Dec. 2023 was $-0.03 Mil. Shapeways Holdings's Pre-Tax Income for the three months ended in Dec. 2023 was $-10.57 Mil. Therefore, Shapeways Holdings's Tax Rate % for the quarter that ended in Dec. 2023 was 0.31%.

Shapeways Holdings Tax Rate % Related Terms

Shapeways Holdings Tax Rate % Historical Data

* Premium members only.

The historical data trend for Shapeways Holdings'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.

Shapeways Holdings Tax Rate % Chart

Shapeways Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
-1.48 0.91 -4.21 -0.15 -0.05

Shapeways Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.42 -0.24 -0.30 -0.10 0.31

Shapeways Holdings Tax Rate % Calculation

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

Shapeways Holdings'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 )
=0.024/-43.887
=-0.05 %

Shapeways Holdings's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=-0.033/-10.567
=0.31 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.31% mean?
Shapeways Holdings (SHPWQ) has a Tax Rate % of 0.31% as of Dec. 2023.
Is Shapeways Holdings' Tax Rate % too high?
Shapeways Holdings' current Tax Rate % is 0.31%.
How does Shapeways Holdings' Tax Rate % compare to OPTT and NSGP?
Shapeways Holdings' Tax Rate % of 0.31% can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Industrial Products company?
A good Tax Rate % depends on the Industrial Products industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Shapeways Holdings's current Tax Rate % is 0.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shapeways Holdings stock overvalued right now?
Shapeways Holdings (SHPWQ) has a current Tax Rate % of 0.31%. The current Tax Rate % is 0.31%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Shapeways Holdings (SHPWQ), the current Tax Rate % is 0.31% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Shapeways Holdings Business Description

Address 12163 Globe Street, Livonia, MI, USA, 48150
Shapeways Holdings Inc is a leading digital manufacturer combining high quality, flexible on-demand manufacturing with purpose-built proprietary software to offer customers an end-to-end digital manufacturing platform on which they can rapidly transform digital designs into physical products. It makes industrial-grade additive manufacturing accessible by fully digitizing the end-to-end manufacturing process. The Company reports in one segment, which focuses on providing additive manufacturing services to customers.