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Enovix (STU:6Q81) Tax Rate % : -3.17% (As of Dec. 2024)


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What is Enovix Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Enovix's Tax Expense for the three months ended in Dec. 2024 was €1.10 Mil. Enovix's Pre-Tax Income for the three months ended in Dec. 2024 was €-34.67 Mil. Therefore, Enovix's Tax Rate % for the quarter that ended in Dec. 2024 was -3.17%.

Enovix Tax Rate % Historical Data

The historical data trend for Enovix'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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Enovix Tax Rate % Chart

Enovix Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
- - - 0.29 0.62

Enovix Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only 1.04 0.33 3.80 -10.73 -3.17

Enovix Tax Rate % Calculation

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

Enovix's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=-1.329/-213.849
=0.62 %

Enovix's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=1.1/-34.667
=-3.17 %

* 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.

Enovix Tax Rate % Related Terms

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Enovix Business Description

Industry
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Traded in Other Exchanges
ENVX:USA
Address
3501 W Warren Avenue, Fremont, CA, USA, 94538
Website
https://www.enovix.com
Enovix Corp is engaged in designing, developing, manufacturing, and commercializing Lithium-ion, or Li-ion, battery cells. It uses BreakFlow and Encapsulation technologies to manufacture high capacity and resilient batteries. The company's product portfolio comprises power disc batteries, flexible lithium-ion polymer batteries, superior lithium-ion polymer batteries, active silicon lithium-ion cells, and others. Geographically, the company generates maximum revenue from its customers in South Korea, followed by Switzerland, Norway, the United States, Taiwan, and other regions.

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