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Turbo Energy (STU:X8WA) Tax Rate % : 0.00% (As of Jun. 2024)


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What is Turbo Energy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Turbo Energy's Tax Expense for the six months ended in Jun. 2024 was €0.00 Mil. Turbo Energy's Pre-Tax Income for the six months ended in Jun. 2024 was €-2.86 Mil. Therefore, Turbo Energy's Tax Rate % for the quarter that ended in Jun. 2024 was 0.00%.

Turbo Energy Tax Rate % Historical Data

The historical data trend for Turbo Energy'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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Turbo Energy Tax Rate % Chart

Turbo Energy Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
23.28 26.31 35.68

Turbo Energy Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial 25.19 28.54 - 45.91 -

Turbo Energy Tax Rate % Calculation

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

Turbo Energy'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 )
=-1.117/-3.131
=35.68 %

Turbo Energy's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=0/-2.861
=0.00 %

* 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.

Turbo Energy Tax Rate % Related Terms

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Turbo Energy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Turbo Energy SA (STU:X8WA) » Definitions » Tax Rate %
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PXPC ZEO BEEM VVPR FTCI NOVA VSTE SPRU TSPG ASTI FSLR SHSE:600438 SHSE:688223 ENPH NSE:WAAREEENER NXT SZSE:002459 SHSE:688599 SHSE:688472 NSE:PREMIERENE
Traded in Other Exchanges
TURB:USA
Address
Isabel la Catolica Street, 8, Offices 50-51, Valencia, ESP, 46004
Website
https://www.turbo-e.com
Turbo Energy SA is a company that specializes in designing, developing, and distributing equipment for the generation, management, and storage of photovoltaic energy. The company's primary activities include acquiring, distributing, and selling electrical and electronic materials for renewable energy projects, such as solar panels, inverters, chargers, regulators, batteries, and structures. The storage products are managed through a software system optimized by artificial intelligence, which is controlled from the cloud and through the installation inverter. Turbo Energy sells inverters, batteries, and photovoltaic modules to installers and other distributors for residential consumers in Spain.

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