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Indutrade AB (OSTO:INDT) Tax Rate % : 23.14% (As of Mar. 2024)


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What is Indutrade AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Indutrade AB's Tax Expense for the three months ended in Mar. 2024 was kr177 Mil. Indutrade AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr765 Mil. Therefore, Indutrade AB's Tax Rate % for the quarter that ended in Mar. 2024 was 23.14%.

Indutrade AB Tax Rate % Historical Data

The historical data trend for Indutrade AB'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.

* Premium members only.

Indutrade AB Tax Rate % Chart

Indutrade AB 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 21.62 22.01 23.05 22.06 22.35

Indutrade AB 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 23.34 22.90 24.19 18.76 23.14

Indutrade AB Tax Rate % Calculation

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

Indutrade AB'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 )
=825/3691
=22.35 %

Indutrade AB'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 )
=177/765
=23.14 %

* 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.

Indutrade AB Tax Rate % Related Terms

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Indutrade AB (OSTO:INDT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Indutrade AB (OSTO:INDT) » Definitions » Tax Rate %
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Traded in Other Exchanges
0H30:UK I1M:Germany
Address
Raseborgsgatan 9, Box 6044, Kista, SWE, SE-164 06
Website
https://www.indutrade.com
Indutrade AB is an industrial group that sells and distributes high-tech components and systems through a vast range of subsidiaries. The group is active in eight business areas: Benelux, DACH, Finland, flow technology, fluids and mechanical solutions, industrial components, measurement and sensor technology, and the United Kingdom. The company offers products like valves, pipes and pipe systems, measurement technology, pumps, hydraulics and industrial equipment, and consumables. The primary region of business for the group's subsidiaries in Europe.