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TECX (Tectonic Therapeutic) Tax Rate % : 0.00% (As of Sep. 2024)


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What is Tectonic Therapeutic Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tectonic Therapeutic's Tax Expense for the three months ended in Sep. 2024 was $0.00 Mil. Tectonic Therapeutic's Pre-Tax Income for the three months ended in Sep. 2024 was $-17.72 Mil. Therefore, Tectonic Therapeutic's Tax Rate % for the quarter that ended in Sep. 2024 was 0.00%.

Tectonic Therapeutic Tax Rate % Historical Data

The historical data trend for Tectonic Therapeutic'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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Tectonic Therapeutic Tax Rate % Chart

Tectonic Therapeutic Annual Data
Trend Dec21 Dec22 Dec24
Tax Rate %
- - -

Tectonic Therapeutic Quarterly Data
Dec21 Sep22 Dec22 Jun23 Sep23 Jun24 Sep24 Dec24
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Tectonic Therapeutic Tax Rate % Calculation

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

Tectonic Therapeutic's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=0/-32.18
=0.00 %

Tectonic Therapeutic'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 )
=0/-17.717
=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.

Tectonic Therapeutic Tax Rate % Related Terms

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Tectonic Therapeutic Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Tectonic Therapeutic Inc (NAS:TECX) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
490 Arsenal Way, Suite 210, Watertown, MA, USA, 02472
Website
https://www.tectonictx.com
Tectonic Therapeutic Inc is a biotechnology company focused on the discovery and development of therapeutic proteins and antibodies that modulate the activity of GPCRs. Its technology platform called GEODe, Tectonic is focused on developing biologic medicines that overcome the existing challenges of GPCR-targeted drug discovery to modify the course of disease.