BAVARIA Industries Group AG (XTER:B8A) Tax Rate % : 25.89% (As of Jun. 2023)

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What is BAVARIA Industries Group AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. BAVARIA Industries Group AG's Tax Expense for the six months ended in Jun. 2023 was €0.7 Mil. BAVARIA Industries Group AG's Pre-Tax Income for the six months ended in Jun. 2023 was €2.7 Mil. Therefore, BAVARIA Industries Group AG's Tax Rate % for the quarter that ended in Jun. 2023 was 25.89%.

BAVARIA Industries Group AG Tax Rate % Historical Data

The historical data trend for BAVARIA Industries Group 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.

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BAVARIA Industries Group AG Tax Rate % Chart

BAVARIA Industries Group AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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23.78

78.65

-11.37

2.99

53.06

BAVARIA Industries Group AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Tax Rate %	Get a 7-Day Free Trial															11.20	-6.27	12.23	-216.01	25.89

BAVARIA Industries Group AG Tax Rate % Calculation

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

BAVARIA Industries Group AG's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	6.559	/	12.362
	=	53.06 %

BAVARIA Industries Group AG's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2023 )	/	Pre-Tax Income (Q: Jun. 2023 )
	=	0.71	/	2.742
	=	25.89 %

BAVARIA Industries Group AG Tax Rate % Related Terms

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BAVARIA Industries Group AG (XTER:B8A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BAVARIA Industries Group AG (XTER:B8A) » Definitions » Tax Rate %

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Traded in Other Exchanges

B8A:Germany B8A:Germany

Address

Bavariaring 24, Munich, DEU, 80336

Website

http://www.baikap.de

BAVARIA Industries Group AG is a Germany-based holding company that acquires underperforming companies and boosts their performance through active management. The company's portfolio comprises companies from the areas of serial production and automotive, plant engineering and construction, and business services. It pursues three objectives, cutting costs, developing new sources of turnover and protecting jobs wherever possible. It relies on the initiative of the investee company's workforce to boost innovation and avoid all forms of waste, such as reject rates or unnecessary downtime during production.

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