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Evonik Industries AG (WBO:EVK) Tax Rate % : -620.00% (As of Dec. 2023)


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What is Evonik Industries AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Evonik Industries AG's Tax Expense for the three months ended in Dec. 2023 was €124 Mil. Evonik Industries AG's Pre-Tax Income for the three months ended in Dec. 2023 was €-20 Mil. Therefore, Evonik Industries AG's Tax Rate % for the quarter that ended in Dec. 2023 was -620.00%.

Evonik Industries AG Tax Rate % Historical Data

The historical data trend for Evonik Industries AG'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.

Evonik Industries AG Tax Rate % Chart

Evonik Industries AG 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 18.87 26.46 29.12 39.98 -28.77

Evonik Industries AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -11.95 28.99 6.67 20.18 -620.00

Evonik Industries AG Tax Rate % Calculation

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

Evonik Industries AG'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 )
=101/-351
=-28.77 %

Evonik Industries AG's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=124/-20
=-620.00 %

* 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.

Evonik Industries AG Tax Rate % Related Terms

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Evonik Industries AG (WBO:EVK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Evonik Industries AG (WBO:EVK) » Definitions » Tax Rate %
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Traded in Other Exchanges
EVKIY:USA EVKIF:USA EVK:Italy EVKd:UK 0QDS:UK EVKA:Germany EVK:Germany EVK:Germany EVK:Germany EVK:Germany
Address
Rellinghauser Strasse 1-11, Essen, NW, DEU, 45128
Website
https://www.evonik.com
Evonik Industries is a German chemical company offering a mix of speciality and commodity chemical products. It has a number-one to -three market position in 80% of its businesses. Around 45% of sales are generated in Europe, while the key markets of North America and Asia account for 25% and 20% of sales, respectively. The company is organized into four major segments: specialty additives, smart materials, nutrition and care, and performance materials.

Evonik Industries AG (WBO:EVK) Headlines

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