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Demant AS (WBO:DEMA) Tax Rate % : 24.02% (As of Jun. 2024)


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What is Demant AS Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Demant AS's Tax Expense for the six months ended in Jun. 2024 was €57 Mil. Demant AS's Pre-Tax Income for the six months ended in Jun. 2024 was €239 Mil. Therefore, Demant AS's Tax Rate % for the quarter that ended in Jun. 2024 was 24.02%.

Demant AS Tax Rate % Historical Data

The historical data trend for Demant AS'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.

* Premium members only.

Demant AS Tax Rate % Chart

Demant AS 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 23.23 15.12 21.67 22.24 24.72

Demant AS Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 22.50 21.97 23.83 25.72 24.02

Demant AS Tax Rate % Calculation

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

Demant AS'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 )
=112.566/455.361
=24.72 %

Demant AS'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 )
=57.346/238.762
=24.02 %

* 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.

Demant AS Tax Rate % Related Terms

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Demant AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Demant AS (WBO:DEMA) » Definitions » Tax Rate %
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Traded in Other Exchanges
WILYY:USA WILLF:USA DEMANc:UK 0RGT:UK DEMANT:Denmark WDH1:Germany
Address
Kongebakken 9, Smorum, DNK, 2765
Website
https://www.demant.com
Demant is a Denmark-based manufacturer and distributor of hearing solutions, such as hearing aid devices and audio diagnostic equipment. More than 80% of the company's sales come from North America and Europe.

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