NCS Multistage Holdings (FRA:MUH0) Tax Rate % : 16.02% (As of Mar. 2024)

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What is NCS Multistage Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NCS Multistage Holdings's Tax Expense for the three months ended in Mar. 2024 was €0.4 Mil. NCS Multistage Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was €2.8 Mil. Therefore, NCS Multistage Holdings's Tax Rate % for the quarter that ended in Mar. 2024 was 16.02%.

NCS Multistage Holdings Tax Rate % Historical Data

The historical data trend for NCS Multistage Holdings'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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NCS Multistage Holdings Tax Rate % Chart

NCS Multistage Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-89.12

16.60

-7.49

-58.38

6.95

NCS Multistage Holdings 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															6.83	-4.39	-15.01	0.14	16.02

NCS Multistage Holdings Tax Rate % Calculation

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

NCS Multistage Holdings'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 )
	=	-0.213	/	-3.066
	=	6.95 %

NCS Multistage Holdings'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 )
	=	0.448	/	2.797
	=	16.02 %

NCS Multistage Holdings Tax Rate % Related Terms

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NCS Multistage Holdings (FRA:MUH0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NCS Multistage Holdings Inc (FRA:MUH0) » Definitions » Tax Rate %

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NCSM:USA

Address

19350 State Highway 249, Suite 600, Houston, TX, USA, 77070

Website

https://www.ncsmultistage.com

NCS Multistage Holdings Inc provides products and support services that facilitate the optimization of oil and natural gas well completions and field development strategies. NCS provides its products and services primarily to exploration and production companies for use in onshore wells, predominantly wells that have been drilled with horizontal laterals in unconventional oil and natural gas formations. The company's primary offering is its fracturing systems products and services, which enable efficient pinpoint stimulation: the process of individually stimulating each entry point into a formation targeted by an oil or natural gas well. Geographically, majority of revenue is generated from United States.

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