TT Electronics (STU:7TT) Tax Rate % : -9.36% (As of Dec. 2023)

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What is TT Electronics Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. TT Electronics's Tax Expense for the six months ended in Dec. 2023 was €1.9 Mil. TT Electronics's Pre-Tax Income for the six months ended in Dec. 2023 was €-19.8 Mil. Therefore, TT Electronics's Tax Rate % for the quarter that ended in Dec. 2023 was -9.36%.

TT Electronics Tax Rate % Historical Data

The historical data trend for TT Electronics'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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TT Electronics Tax Rate % Chart

TT Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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6.06

55.18

20.00

-30.69

-518.09

TT Electronics Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															17.64	26.79	-10.19	25.62	-9.36

TT Electronics Tax Rate % Calculation

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

TT Electronics'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 )
	=	6.616	/	-1.277
	=	-518.09 %

TT Electronics'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 )
	=	1.857	/	-19.849
	=	-9.36 %

TT Electronics Tax Rate % Related Terms

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TT Electronics (STU:7TT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TT Electronics PLC (STU:7TT) » Definitions » Tax Rate %

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TTGPF:USA TTGl:UK TTG:UK 7TT:Germany

Address

West Street, Fourth Floor, St Andrews House, Woking, Surrey, GBR, GU21 6EB

Website

https://www.ttelectronics.com

TT Electronics PLC provides engineered electronics for performance-critical applications across Healthcare, Aerospace and Defense, Automation and electrification, and Distribution markets. It operates in three segments: Power and Connectivity, Global Manufacturing Solutions, and Sensors and Specialist Components. Its products consist of connectors, optoelectronics, resistors, semiconductors, and electromagnetics, among others. Some of its brands are AB Connectors, Aero Stanrew, Power Partners, Semelab, Welwyn Components, and Precision. The geographical segments are the United Kingdom, the Rest of Europe, North America, Asia, and the Rest of the World. It generates maximum revenue from Global Manufacturing Solutions, which provides manufacturing services and engineering solutions.

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