GURUFOCUS.COM » STOCK LIST » Technology » Software » OVH Groupe (FRA:7U7) » Definitions » Tax Expense

OVH Groupe (FRA:7U7) Tax Expense : €3.9 Mil (TTM As of Aug. 2024)


View and export this data going back to 2021. Start your Free Trial

What is OVH Groupe Tax Expense?

OVH Groupe's tax expense for the months ended in Aug. 2024 was €1.7 Mil. Its tax expense for the trailing twelve months (TTM) ended in Aug. 2024 was €3.9 Mil.


OVH Groupe Tax Expense Historical Data

The historical data trend for OVH Groupe'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.

* Premium members only.

OVH Groupe Tax Expense Chart

OVH Groupe Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Tax Expense
Get a 7-Day Free Trial 10.75 10.24 8.76 -0.09 3.90

OVH Groupe Semi-Annual Data
Aug18 Aug19 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 7.56 4.04 -4.13 2.22 1.69

OVH Groupe 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 Aug. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €3.9 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.


OVH Groupe  (FRA:7U7) 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.


OVH Groupe Tax Expense Related Terms

Thank you for viewing the detailed overview of OVH Groupe's Tax Expense provided by GuruFocus.com. Please click on the following links to see related term pages.


OVH Groupe Business Description

Traded in Other Exchanges
Address
2 rue Kellermann, Roubaix, FRA, 59100
OVH Groupe is a provider of cloud services, occupying a position in the cloud market. It provides businesses with a complete suite of solutions designed to meet the growing demand for multi-cloud and hybrid cloud strategies, addressing a wide range of needs and customer segments. Geographically operates in France, Europe and Rest of the world. It has three operating segments: Private Cloud, Public Cloud and Web Cloud & Other.

OVH Groupe Headlines

No Headlines