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Nordwest Handel AG (FRA:NWX) Tax Rate % : 34.45% (As of Mar. 2024)


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What is Nordwest Handel AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nordwest Handel AG's Tax Expense for the three months ended in Mar. 2024 was €1.4 Mil. Nordwest Handel AG's Pre-Tax Income for the three months ended in Mar. 2024 was €4.2 Mil. Therefore, Nordwest Handel AG's Tax Rate % for the quarter that ended in Mar. 2024 was 34.45%.

Nordwest Handel AG Tax Rate % Historical Data

The historical data trend for Nordwest Handel AG'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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Nordwest Handel AG Tax Rate % Chart

Nordwest Handel AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.96 32.98 35.25 33.99 35.21

Nordwest Handel AG 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.24 35.47 33.54 39.18 34.45

Nordwest Handel AG Tax Rate % Calculation

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

Nordwest Handel AG'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 )
=6.84/19.424
=35.21 %

Nordwest Handel AG'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 )
=1.432/4.157
=34.45 %

* 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.

Nordwest Handel AG Tax Rate % Related Terms

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Nordwest Handel AG (FRA:NWX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Nordwest Handel AG (FRA:NWX) » Definitions » Tax Rate %
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Traded in Other Exchanges
NWX:Germany NWX:Germany
Address
Robert-Schuman-Strasse 17, Dortmund, DEU, D-44263
Website
http://www.nordwest.com
Nordwest Handel AG provides procurement, finance, logistics, IT, and sales services for small and medium sized businesses. It trades in various steel products, such as molded steel/broad flanged beams; and trades in occupational health and safety, construction equipment and components. The company also supplies sanitary/bathroom ceramics and fittings, bathroom furniture and radiators, shower separations, and accessories to plumbers, fitters, and housing societies, as well as to private building owners and renovators.

Nordwest Handel AG (FRA:NWX) Headlines

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