Codon AG (CHIX:CNWKD) Tax Rate % : -0.84% (As of Jun. 2022)

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What is Codon AG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Codon AG's Tax Expense for the six months ended in Jun. 2022 was €0.09 Mil. Codon AG's Pre-Tax Income for the six months ended in Jun. 2022 was €-10.90 Mil. Therefore, Codon AG's Tax Rate % for the quarter that ended in Jun. 2022 was -0.84%.

Codon AG Tax Rate % Historical Data

The historical data trend for Codon 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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Codon AG Tax Rate % Chart

Codon AG Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Tax Rate %

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-0.55

-25.52

4.03

4.90

-2.04

Codon AG Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Tax Rate %	Get a 7-Day Free Trial															3.99	6.34	1.17	-9.02	-0.84

Codon AG Tax Rate % Calculation

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

Codon AG's Tax Rate % for the fiscal year that ended in Dec. 2021 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2021 )	/	Pre-Tax Income (A: Dec. 2021 )
	=	0.186	/	-9.135
	=	-2.04 %

Codon AG's Tax Rate % for the quarter that ended in Jun. 2022 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2022 )	/	Pre-Tax Income (Q: Jun. 2022 )
	=	0.092	/	-10.9
	=	-0.84 %

Codon AG Tax Rate % Related Terms

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Codon AG (CHIX:CNWKD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Codon AG (CHIX:CNWKd) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

Warthestrasse 21, Teltow, DEU, 14513

Website

http://www.codon.de

Codon AG develops, produces and distributes autologous cell therapies for the minimally invasive repair of cartilage defects. The product being marketed is a cell therapy product for the minimally invasive treatment of cartilage damage in the knee joint that uses only the patient's own cartilage cells (autologous chondrocytes). CODON's method is currently used in over 200 clinics in Germany and more than 14,000 patients have already been treated.

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