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Onward Medical NV (XBRU:ONWD) Tax Rate % : -0.37% (As of Dec. 2023)


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What is Onward Medical NV Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Onward Medical NV's Tax Expense for the six months ended in Dec. 2023 was €0.06 Mil. Onward Medical NV's Pre-Tax Income for the six months ended in Dec. 2023 was €-16.84 Mil. Therefore, Onward Medical NV's Tax Rate % for the quarter that ended in Dec. 2023 was -0.37%.

Onward Medical NV Tax Rate % Historical Data

The historical data trend for Onward Medical NV'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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Onward Medical NV Tax Rate % Chart

Onward Medical NV Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial -0.29 -0.10 -0.20 2.28 -0.30

Onward Medical NV Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.25 -0.22 4.56 -0.23 -0.37

Onward Medical NV Tax Rate % Calculation

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

Onward Medical NV'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 )
=0.107/-36.074
=-0.30 %

Onward Medical NV'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 )
=0.062/-16.837
=-0.37 %

* 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.

Onward Medical NV Tax Rate % Related Terms

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Onward Medical NV (XBRU:ONWD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Onward Medical NV (XBRU:ONWD) » Definitions » Tax Rate %
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XBRU:ALIMG XBRU:CYAD XBRU:BIOS XBRU:OXUR XBRU:HYL OCSE:NOVO B VRTX REGN ASX:CSL SGEN XKRX:207940 MRNA XBRU:ARGX HKSE:02269 BNTX SZSE:300122 BGNE ALNY OCSE:GMAB BMRN
Traded in Other Exchanges
ONWRF:USA 63E:Germany
Address
High Tech Campus 32, Noord-Braban, Eindhoven, NH, NLD, NL-5656 AE
Website
https://www.onwd.com
Onward Medical NV is a medical technology company developing and commercializing therapies to enable functional recovery for people with spinal cord injury. It has developed two programmable neurostimulation platforms: an implantable system, ARCIM, and a non-invasive, transcutaneous system, ARCEX. The company has selected the United states and four European markets: Germany, France, the UK and the Netherlands to create a customer base.

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