Lovisagruvan AB (XSAT:LOVI) Tax Rate % : 20.00% (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Lovisagruvan AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lovisagruvan AB's Tax Expense for the three months ended in Mar. 2024 was kr-0.50 Mil. Lovisagruvan AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr-2.50 Mil. Therefore, Lovisagruvan AB's Tax Rate % for the quarter that ended in Mar. 2024 was 20.00%.

Lovisagruvan AB Tax Rate % Historical Data

The historical data trend for Lovisagruvan AB'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.

Lovisagruvan AB Tax Rate % Chart

Lovisagruvan AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

22.26

32.26

22.15

18.16

30.23

Lovisagruvan AB Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Dec18	Dec19	Sep20	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															22.22	22.22	20.00	13.21	20.00

Lovisagruvan AB Tax Rate % Calculation

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

Lovisagruvan AB'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 )
	=	0.65	/	2.15
	=	30.23 %

Lovisagruvan AB's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	-0.5	/	-2.5
	=	20.00 %

Lovisagruvan AB Tax Rate % Related Terms

Thank you for viewing the detailed overview of Lovisagruvan AB's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Lovisagruvan AB (XSAT:LOVI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lovisagruvan AB (XSAT:LOVI) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lokevagen 21, Djursholm, SWE, 182 61

Website

http://www.lovisagruvan.se

Lovisagruvan AB is engaged in the mining and prospecting operations in the area of Strassa, Sweden. It operates a deep mine with lead, zinc and silver mineralization in Strassa, Sweden. The company currently has a production rate of approximately 3500 tonnes per month.

Lovisagruvan AB (XSAT:LOVI) Headlines

No Headlines