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MagnaChip Semiconductor (STU:SMG) Tax Rate % : -114.16% (As of Sep. 2024)


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What is MagnaChip Semiconductor Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MagnaChip Semiconductor's Tax Expense for the three months ended in Sep. 2024 was €4.6 Mil. MagnaChip Semiconductor's Pre-Tax Income for the three months ended in Sep. 2024 was €-4.0 Mil. Therefore, MagnaChip Semiconductor's Tax Rate % for the quarter that ended in Sep. 2024 was -114.16%.

MagnaChip Semiconductor Tax Rate % Historical Data

The historical data trend for MagnaChip Semiconductor'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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MagnaChip Semiconductor Tax Rate % Chart

MagnaChip Semiconductor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.08 -426.81 23.34 -179.10 23.00

MagnaChip Semiconductor Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only 45.85 28.09 6.23 10.97 -114.16

MagnaChip Semiconductor Tax Rate % Calculation

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

MagnaChip Semiconductor'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 )
=-10.029/-43.612
=23.00 %

MagnaChip Semiconductor's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=4.619/-4.046
=-114.16 %

* 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.

MagnaChip Semiconductor Tax Rate % Related Terms

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MagnaChip Semiconductor Business Description

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Traded in Other Exchanges
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Address
76 Jikji-daero 436beon-gil, Heungdeok-gu, 15th Floor, Chungcheongbuk-do, Cheongju-si, KOR, 28581
Website
https://www.magnachip.com
MagnaChip Semiconductor Corp designs and manufactures analog and mixed-signal semiconductor platform solutions for communications, Internet of Things applications, consumer, industrial and automotive applications. The company's product portfolio consists of large display solutions, mobile display solutions, sensor solutions, LED solutions, mobile solutions, and power conversions. The company operates in two segments namely Transitional Fab 3 foundry services and Standard products business. The company operates in Korea, Asia Pacific (other than Korea), United States and Europe.