Theratechnologies (Theratechnologies) Tax Rate % : -2.52% (As of Feb. 2024)

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What is Theratechnologies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Theratechnologies's Tax Expense for the three months ended in Feb. 2024 was $0.11 Mil. Theratechnologies's Pre-Tax Income for the three months ended in Feb. 2024 was $-4.37 Mil. Therefore, Theratechnologies's Tax Rate % for the quarter that ended in Feb. 2024 was -2.52%.

Theratechnologies Tax Rate % Historical Data

The historical data trend for Theratechnologies'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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Theratechnologies Tax Rate % Chart

Theratechnologies Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Tax Rate %

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-0.07

-0.20

-0.95

-1.79

Theratechnologies Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Tax Rate %	Get a 7-Day Free Trial															-0.93	-1.27	-20.32	-2.72	-2.52

Theratechnologies Tax Rate % Calculation

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

Theratechnologies's Tax Rate % for the fiscal year that ended in Nov. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Nov. 2023 )	/	Pre-Tax Income (A: Nov. 2023 )
	=	0.421	/	-23.536
	=	-1.79 %

Theratechnologies's Tax Rate % for the quarter that ended in Feb. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Feb. 2024 )	/	Pre-Tax Income (Q: Feb. 2024 )
	=	0.11	/	-4.371
	=	-2.52 %

Theratechnologies Tax Rate % Related Terms

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Theratechnologies (Theratechnologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Theratechnologies Inc (NAS:THTX) » Definitions » Tax Rate %

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Traded in Other Exchanges

TQ80:Germany TH:Canada

Address

2015, rue Peel, 11e etage, Montreal, QC, CAN, H3A 1T8

Website

https://www.theratech.com

Theratechnologies Inc is a specialty pharmaceutical company that addresses the unmet medical needs of HIV patients. It mainly operates in Canada and the United States. The company has two approved products, EGRIFTA marketed in Canada and the United States, and Trogarzo approved for commercialization in the United States.