Litgrid AB (OVSE:LGD1L) Tax Rate % : 14.47% (As of Mar. 2024)

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What is Litgrid AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Litgrid AB's Tax Expense for the three months ended in Mar. 2024 was €3.6 Mil. Litgrid AB's Pre-Tax Income for the three months ended in Mar. 2024 was €25.1 Mil. Therefore, Litgrid AB's Tax Rate % for the quarter that ended in Mar. 2024 was 14.47%.

Litgrid AB Tax Rate % Historical Data

The historical data trend for Litgrid 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.

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Litgrid AB Tax Rate % Chart

Litgrid AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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5.94

13.85

16.96

15.19

-17.79

Litgrid 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															14.81	12.04	14.60	154.18	14.47

Litgrid AB Tax Rate % Calculation

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

Litgrid 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 )
	=	-7.308	/	41.078
	=	-17.79 %

Litgrid 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 )
	=	3.639	/	25.149
	=	14.47 %

Litgrid AB Tax Rate % Related Terms

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Litgrid AB (OVSE:LGD1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Litgrid AB (OVSE:LGD1L) » Definitions » Tax Rate %

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Address

Karlo Gustavo Emilio Manerheimo street 8, Vilnius, LTU, LT-05131

Website

https://www.litgrid.eu

Litgrid AB is an operator of an electricity transmission system operating electricity transmissions in Lithuania. It is responsible for integrating the national power system into the European power infrastructure and electricity market. The business activity of the group functions under various segments namely Electricity transmission and related services activities, and Other income. Geographically, the business presence of the firm is seen in the regions of Lithuania, Norway, Sweden, Latvia, Estonia and others of which the Lithuania region accounts for the majority of the revenue.

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