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Syensqo (FRA:2NF) Tax Expense : €357 Mil (TTM As of Dec. 2024)


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What is Syensqo Tax Expense?

Syensqo's tax expense for the months ended in Dec. 2024 was €50 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2024 was €357 Mil.


Syensqo Tax Expense Historical Data

The historical data trend for Syensqo's Tax Expense 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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Syensqo Tax Expense Chart

Syensqo Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Expense
Get a 7-Day Free Trial 165.00 22.00 2.00 192.00 357.00

Syensqo Quarterly Data
Dec20 Dec21 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.00 50.00 104.00 153.00 50.00

Syensqo Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €357 Mil.

* 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.


Syensqo  (FRA:2NF) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Syensqo Tax Expense Related Terms

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Syensqo Business Description

Traded in Other Exchanges
Address
Rue de la fusee 98, Brussels, BEL, 1130
Syensqo is a spinoff of Solvay, a Belgium-based producer of essential and specialty chemicals, founded in 1863. The demerger was undertaken in 2022 and encompasses Solvay's specialty chemicals and materials business units. Syensqo is a leading manufacturer of high-performance materials and specialty surfactants that operates through two main segments. The materials segment (60% of sales) includes specialty polymers and composite materials mainly for applications in autos, aerospace, and electronics. Consumer and resources (40% of sales) include Novecare, technology solutions, aroma performance, and oil and gas, and serves consumer goods end markets. Geographical exposure is well balanced with North America and the Asia-Pacific each contributing around 40% of sales and the rest from Europe.

Syensqo Headlines

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