Koninklijke Philips NV (XAMS:PHIA) Tax Rate % : 140.43% (As of Dec. 2023)

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What is Koninklijke Philips NV Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Koninklijke Philips NV's Tax Expense for the three months ended in Dec. 2023 was €-132 Mil. Koninklijke Philips NV's Pre-Tax Income for the three months ended in Dec. 2023 was €-94 Mil. Therefore, Koninklijke Philips NV's Tax Rate % for the quarter that ended in Dec. 2023 was 140.43%.

Koninklijke Philips NV Tax Rate % Historical Data

The historical data trend for Koninklijke Philips NV'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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Koninklijke Philips NV Tax Rate % Chart

Koninklijke Philips NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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20.67

17.51

-20.24

6.53

13.88

Koninklijke Philips NV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															1,714.29	2.21	36.21	24.62	140.43

Koninklijke Philips NV Tax Rate % Calculation

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

Koninklijke Philips NV'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 )
	=	-73	/	-526
	=	13.88 %

Koninklijke Philips NV's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	-132	/	-94
	=	140.43 %

Koninklijke Philips NV Tax Rate % Related Terms

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Koninklijke Philips NV (XAMS:PHIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Koninklijke Philips NV (XAMS:PHIA) » Definitions » Tax Rate %

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RYLPF:USA PHG:USA PHIA:Italy 0A2M:UK PHIAa:UK 0LNG:UK PHI1:Germany PHGN34:Brazil PHIA:Austria

Address

Philips Center, Amstelplein 2, Amsterdam, NLD, 1096 BC

Website

https://www.philips.com

Philips is a diversified global healthcare company operating in three segments: diagnosis and treatment, connected care, and personal health. Around 50% of the company's revenue comes from the diagnosis and treatment segment, which features imaging systems, ultrasound equipment, image-guided therapy solutions and healthcare informatics. The connected care segment (around 30% of revenue) encompasses monitoring and analytics systems for hospitals and sleep and respiratory care devices, whereas the personal health business (remainder of revenue) includes electric toothbrushes and men's grooming and personal-care products.

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