Sinch AB (LTS:0RBI) Tax Rate % : 322.50% (As of Mar. 2024)

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What is Sinch AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sinch AB's Tax Expense for the three months ended in Mar. 2024 was kr129 Mil. Sinch AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr40 Mil. Therefore, Sinch AB's Tax Rate % for the quarter that ended in Mar. 2024 was 322.50%.

Sinch AB Tax Rate % Historical Data

The historical data trend for Sinch 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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Sinch AB Tax Rate % Chart

Sinch AB Annual Data

Trend

Jun13

Jun14

Jun15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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22.69

-17.56

24.14

-3.54

127.63

Sinch 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															-5.33	-180.00	276.92	633.33	322.50

Sinch AB Tax Rate % Calculation

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

Sinch 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 )
	=	-194	/	-152
	=	127.63 %

Sinch 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 )
	=	129	/	40
	=	322.50 %

Sinch AB Tax Rate % Related Terms

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Sinch AB (LTS:0RBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Sinch AB (LTS:0RBI) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

SINCH:Sweden SINCHs:UK 1I9A:Germany

Address

Lindhagensgatan 74, Stockholm, SWE, 112 18

Website

https://www.sinch.com

Sinch AB provides cloud communication services and solutions to enterprises and mobile operators. The Sinch organization has following segments: Messaging, Voice and Video and Email and Small and Medium-sized businesses and others. Messaging and Voice and Video address the enterprise market and combine programmable APIs and cloud services to easily build global communications, including messaging and voice and video services into applications and business processes. The Messaging segment derives the majority of revenue from fees for handling messages and executing and handling personalized and dynamic video and MMS messages for enterprises.

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