GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alternus Clean Energy Inc (NAS:ALCE) » Definitions » Tax Rate %

Alternus Clean Energy (Alternus Clean Energy) Tax Rate % : -0.03% (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Alternus Clean Energy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Alternus Clean Energy's Tax Expense for the six months ended in Dec. 2023 was $0.02 Mil. Alternus Clean Energy's Pre-Tax Income for the six months ended in Dec. 2023 was $-53.64 Mil. Therefore, Alternus Clean Energy's Tax Rate % for the quarter that ended in Dec. 2023 was -0.03%.

Alternus Clean Energy Tax Rate % Historical Data

The historical data trend for Alternus Clean Energy'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.

* Premium members only.

Alternus Clean Energy Tax Rate % Chart

Alternus Clean Energy Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
-2.81 - -0.03

Alternus Clean Energy Semi-Annual Data
Dec21 Dec22 Dec23
Tax Rate % -2.81 - -0.03

Alternus Clean Energy Tax Rate % Calculation

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

Alternus Clean Energy'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 )
=0.015/-53.637
=-0.03 %

Alternus Clean Energy'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 )
=0.015/-53.637
=-0.03 %

* 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.

Alternus Clean Energy Tax Rate % Related Terms

Thank you for viewing the detailed overview of Alternus Clean Energy's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Alternus Clean Energy (Alternus Clean Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alternus Clean Energy Inc (NAS:ALCE) » Definitions » Tax Rate %
Comparable Companies
Traded in Other Exchanges
N/A
Address
Blanchardstown Corporate Park 2, Suite 9 & 10 Plaza 212, Dublin, IRL, D15 R504
Website
https://www.alternusenergy.com
Alternus Clean Energy Inc is an international independent clean energy producer. It develops, installs, owns and operates a diverse portfolio of utility-scale solar photovoltaic power stations (PV parks) in Europe and in the USA as a long-term owner. The solar parks benefit from long-term government offtake contracts and/or Power Purchase Agreements (PPAs) with investment grade off-takers, plus energy sales to local power grids.

Alternus Clean Energy (Alternus Clean Energy) Headlines

From GuruFocus

Alternus Clean Energy, Inc. Announces Closing of $2.16 Million Private Placement of Convertible Notes and Warrants

By Marketwired • 04-22-2024