Mycronic AB (Mycronic AB) Tax Rate % : 20.78% (As of Mar. 2024)

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What is Mycronic AB Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mycronic AB's Tax Expense for the three months ended in Mar. 2024 was $12.3 Mil. Mycronic AB's Pre-Tax Income for the three months ended in Mar. 2024 was $59.2 Mil. Therefore, Mycronic AB's Tax Rate % for the quarter that ended in Mar. 2024 was 20.78%.

Mycronic AB Tax Rate % Historical Data

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

Mycronic AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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23.44

21.01

20.94

17.30

21.08

Mycronic 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															19.46	23.56	23.88	19.69	20.78

Mycronic AB Tax Rate % Calculation

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

Mycronic 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 )
	=	25.932	/	123.031
	=	21.08 %

Mycronic 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 )
	=	12.294	/	59.166
	=	20.78 %

Mycronic AB Tax Rate % Related Terms

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Mycronic AB (Mycronic AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mycronic AB (OTCPK:MICLF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

MYCR:Sweden 0MQG:UK MLT:Germany

Address

Nytorpsvagen 9, P.O. Box 3141, Taby, Stockholm, SWE, 183 03

Website

https://www.mycronic.com

Mycronic AB develops solutions for advanced electronics production. It operates in four segments: Pattern Generators, which develops, manufactures, and markets mask writers and measuring machines for the production of advanced photomasks for displays; The High Flex division develops, manufactures, and markets surface mount technology (SMT) and inspection equipment, focusing on markets for flexible manufacture, primarily in Europe and the USA; The High Volume division develops, manufactures and markets equipment for dispensing and conformal coating of circuit boards, with a focus on high-volume markets in Asia. The Global Technologies division's offering includes advanced production solutions with high levels of differentiation.