Candyking Holding AB (OSTO:CANDY) Tax Expense: kr4.87 Mil (TTM As of Mar. 2015)

What is Candyking Holding AB Tax Expense?

Candyking Holding AB OSTO:CANDY Tax Expense is kr4.87 Mil as of Mar. 2015.

Candyking Holding AB's tax expense for the months ended in Mar. 2015 was kr3.40 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2015 was kr4.87 Mil.

Candyking Holding AB (OSTO:CANDY) 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.

Candyking Holding AB Tax Expense Related Terms

Candyking Holding AB Tax Expense Historical Data

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The historical data trend for Candyking Holding AB'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.

Candyking Holding AB Tax Expense Chart

Candyking Holding AB Annual Data

Trend

Dec12

Dec13

Dec14

Tax Expense

-32.17

-9.81

-3.73

Candyking Holding AB Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Tax Expense	Get a 7-Day Free Trial						-5.20	-2.30	3.20	0.57	3.40

Candyking Holding AB 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 Mar. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was kr4.87 Mil.

Frequently Asked Questions Learn more about Tax Expense →

What does a Tax Expense of kr4.87 Mil mean?

Candyking Holding AB (OSTO:CANDY) has a Tax Expense of kr4.87 Mil as of Mar. 2015. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Candyking Holding AB and its competitors.

Is Candyking Holding AB's Tax Expense too high?

Candyking Holding AB's current Tax Expense is kr4.87 Mil.

How does Candyking Holding AB's Tax Expense compare to competitors?

Candyking Holding AB's Tax Expense of kr4.87 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Tax Expense for a Consumer Packaged Goods company?

A good Tax Expense depends on the Consumer Packaged Goods industry context. However, Tax Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Tax Expense mean?

A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Candyking Holding AB and its competitors. Candyking Holding AB's current Tax Expense is kr4.87 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Candyking Holding AB stock overvalued right now?

Candyking Holding AB (OSTO:CANDY) has a current Tax Expense of kr4.87 Mil. The current Tax Expense is kr4.87 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Tax Expense calculated?

Tax Expense is calculated from a company's financial statements. For Candyking Holding AB (OSTO:CANDY), the current Tax Expense is kr4.87 Mil as of Mar. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Candyking Holding AB Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies OSTO:CLA B

Website http://group.candyking.com

Candyking Holding AB was founded in 1984. It is a supplier of pick & mix in the Nordic region, the UK and Ireland and has operations in Poland, the Czech Republic, Slovakia and Hungary. Candyking's confectionery concept and brands are Candyking, Karamellkungen, Premiyum and Candyking Favourites.