Xos (FRA:9KR0) Tax Rate % : -0.05% (As of Mar. 2024)

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What is Xos Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Xos's Tax Expense for the three months ended in Mar. 2024 was €0.01 Mil. Xos's Pre-Tax Income for the three months ended in Mar. 2024 was €-10.12 Mil. Therefore, Xos's Tax Rate % for the quarter that ended in Mar. 2024 was -0.05%.

Xos Tax Rate % Historical Data

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

Xos Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Tax Rate %

0.01

-0.01

-0.03

Xos Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial										-0.01	-0.01	-0.02	-0.10	-0.05

Xos Tax Rate % Calculation

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

Xos'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 )
	=	0.019	/	-69.529
	=	-0.03 %

Xos'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 )
	=	0.005	/	-10.118
	=	-0.05 %

Xos Tax Rate % Related Terms

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Xos (FRA:9KR0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Xos Inc (FRA:9KR0) » Definitions » Tax Rate %

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Traded in Other Exchanges

XOS:USA

Address

3550 Tyburn Street, Unit 100, Los Angeles, CA, USA, 90065

Website

https://www.xostrucks.com

Xos Inc is an electric mobility company. It designs and develops fully electric battery mobility systems specifically for commercial fleets. The company's primary focus is on medium- and heavy-duty commercial vehicles that travel on last mile routes. The company leverages its proprietary technologies to provide commercial fleets zero emission vehicles that are easier to maintain and more cost-efficient on a total cost of ownership basis than internal combustion engine and commercial EV counterparts.

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