Tecan Group AG (FRA:TEN) Tax Rate % : -10.90% (As of Dec. 2023)

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What is Tecan Group AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Tecan Group AG's Tax Expense for the six months ended in Dec. 2023 was €-8 Mil. Tecan Group AG's Pre-Tax Income for the six months ended in Dec. 2023 was €75 Mil. Therefore, Tecan Group AG's Tax Rate % for the quarter that ended in Dec. 2023 was -10.90%.

Tecan Group AG Tax Rate % Historical Data

The historical data trend for Tecan Group 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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Tecan Group AG Tax Rate % Chart

Tecan Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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11.57

12.30

11.79

14.99

1.29

Tecan Group AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															8.86	16.43	13.22	15.13	-10.90

Tecan Group AG Tax Rate % Calculation

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

Tecan Group 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 )
	=	1.834	/	141.882
	=	1.29 %

Tecan Group AG'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 )
	=	-8.222	/	75.416
	=	-10.90 %

Tecan Group AG Tax Rate % Related Terms

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Tecan Group AG (FRA:TEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tecan Group AG (FRA:TEN) » Definitions » Tax Rate %

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Traded in Other Exchanges

TCGGY:USA TCHBF:USA TECNz:UK TECN:Switzerland

Address

Seestrasse 103, Mannedorf, CHE, 8708

Website

https://www.tecan.com

Tecan Group AG sells automated laboratory instruments and solutions for the diagnostics and life science research markets. The firm operates in two segments; Life Sciences Business (end-customer business) segment supplies end users with automated workflow solutions directly. These solutions include laboratory instruments, software packages, application know-how, services, consumables, and spare parts, and Partnering Business (OEM business) segment develops and manufactures OEM instruments and components that are distributed by partner companies under their own names. A majority proportion of Tecan's revenue is generated in the Americas and Europe.