Rana Gruber ASA (STU:7XH) Tax Rate % : 22.00% (As of Dec. 2024)

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What is Rana Gruber ASA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Rana Gruber ASA's Tax Expense for the three months ended in Dec. 2024 was €1.4 Mil. Rana Gruber ASA's Pre-Tax Income for the three months ended in Dec. 2024 was €6.2 Mil. Therefore, Rana Gruber ASA's Tax Rate % for the quarter that ended in Dec. 2024 was 22.00%.

Rana Gruber ASA Tax Rate % Historical Data

The historical data trend for Rana Gruber ASA'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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Rana Gruber ASA Tax Rate % Chart

Rana Gruber ASA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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22.00

22.07

23.97

22.01

22.73

Rana Gruber ASA Quarterly Data
	Dec19	Jun20	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															22.00	22.00	22.00	22.00	22.00

Rana Gruber ASA Tax Rate % Calculation

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

Rana Gruber ASA'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 )
	=	9.285	/	40.847
	=	22.73 %

Rana Gruber ASA'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 )
	=	1.372	/	6.235
	=	22.00 %

Rana Gruber ASA Tax Rate % Related Terms

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Rana Gruber ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Rana Gruber ASA (STU:7XH) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

RANAo:Sweden RANA:Norway 7XH:Germany

Address

Mjolanveien 29, Mo i Rana, NOR, 8622

Website

https://www.ranagruber.no

Rana Gruber ASA is a sustainable iron ore producer in Norway. It is engaged in the excavating, processing and sale of iron oxide in the form of hematite, magnetite and iron oxide pigments. Hematite is used for iron and steel production in smelting plants in Europe and magnetite is used in industrial water purification processes. The iron ore production takes place at the group's iron ore deposits at Ortfjell as open-pit production and underground operation. It produces and sells iron ore concentrate, and mainly serves steel producers and participants in the chemical industry.The majority of revenue from contracts with customers arise from the sale of hematite products.

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