CareDx (FRA:1K9) Tax Rate % : 0.49% (As of Mar. 2024)

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What is CareDx Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CareDx's Tax Expense for the three months ended in Mar. 2024 was €-0.1 Mil. CareDx's Pre-Tax Income for the three months ended in Mar. 2024 was €-15.4 Mil. Therefore, CareDx's Tax Rate % for the quarter that ended in Mar. 2024 was 0.49%.

CareDx Tax Rate % Historical Data

The historical data trend for CareDx'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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CareDx Tax Rate % Chart

CareDx Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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8.26

5.25

4.44

-0.50

-0.07

CareDx Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															-0.53	0.27	0.34	-0.14	0.49

CareDx Tax Rate % Calculation

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

CareDx'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 )
	=	0.129	/	-174.361
	=	-0.07 %

CareDx's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	-0.076	/	-15.403
	=	0.49 %

CareDx Tax Rate % Related Terms

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CareDx (FRA:1K9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » CareDx Inc (FRA:1K9) » Definitions » Tax Rate %

Comparable Companies

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CDNA:USA

Address

8000 Marina Boulevard, Brisbane, CA, USA, 94005

Website

https://www.caredx.com

CareDx Inc operates as a precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers. It offers testing services, products, and digital solutions along with the pre-and post-transplant patient journey and is a provider of genomics-based information for transplant patients. Its primary operations are in Brisbane, California; Omaha, Nebraska; Fremantle, Australia and Stockholm, Sweden.

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