Arteche Lantegi Elekartea (XMAD:ART) Tax Rate % : 12.74% (As of Dec. 2023)

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What is Arteche Lantegi Elekartea Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Arteche Lantegi Elekartea's Tax Expense for the six months ended in Dec. 2023 was €1.2 Mil. Arteche Lantegi Elekartea's Pre-Tax Income for the six months ended in Dec. 2023 was €9.5 Mil. Therefore, Arteche Lantegi Elekartea's Tax Rate % for the quarter that ended in Dec. 2023 was 12.74%.

Arteche Lantegi Elekartea Tax Rate % Historical Data

The historical data trend for Arteche Lantegi Elekartea'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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Arteche Lantegi Elekartea Tax Rate % Chart

Arteche Lantegi Elekartea Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

28.97

25.75

37.04

22.74

15.87

Arteche Lantegi Elekartea Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial				37.15	32.78	14.51	20.97	12.74

Arteche Lantegi Elekartea Tax Rate % Calculation

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

Arteche Lantegi Elekartea'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 )
	=	2.422	/	15.259
	=	15.87 %

Arteche Lantegi Elekartea'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 )
	=	1.205	/	9.455
	=	12.74 %

Arteche Lantegi Elekartea Tax Rate % Related Terms

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Arteche Lantegi Elekartea (XMAD:ART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Arteche Lantegi Elekartea SA (XMAD:ART) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Derio Bidea 28, Bizkaia, Mungia, ESP, 48100

Website

https://www.arteche.com

Arteche Lantegi Elekartea SA is engaged in developing equipment and solutions for the electric power industry. The product portfolio of the company includes High voltage instrument transformers, Digital Instrument Transformers, Trip, supervision, and auxiliary relays, Medium voltage sensors, and Reclosers and switches among others.

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