Sequana Medical NV (Sequana Medical NV) Tax Rate % : -1.57% (As of Jun. 2023)

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What is Sequana Medical NV Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sequana Medical NV's Tax Expense for the three months ended in Jun. 2023 was $0.28 Mil. Sequana Medical NV's Pre-Tax Income for the three months ended in Jun. 2023 was $-17.56 Mil. Therefore, Sequana Medical NV's Tax Rate % for the quarter that ended in Jun. 2023 was -1.57%.

Sequana Medical NV Tax Rate % Historical Data

The historical data trend for Sequana 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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Sequana Medical NV Tax Rate % Chart

Sequana Medical NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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-0.17

-0.92

-0.83

-1.69

-1.27

Sequana Medical NV Quarterly Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Tax Rate %	Get a 7-Day Free Trial									-1.09	-2.30	-1.76	-0.82	-1.57

Sequana Medical NV Tax Rate % Calculation

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

Sequana Medical NV's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	0.41	/	-32.178
	=	-1.27 %

Sequana Medical NV's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2023 )	/	Pre-Tax Income (Q: Jun. 2023 )
	=	0.276	/	-17.561
	=	-1.57 %

Sequana Medical NV Tax Rate % Related Terms

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Sequana Medical NV (Sequana Medical NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sequana Medical NV (GREY:SQNMF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

2SE:Germany SEQUA:Belgium

Address

Kortrijksesteenweg 1112 ,bus 102, Sint-Denijs-Westrem, Ghent, BEL, 9051

Website

https://www.sequanamedical.com

Sequana Medical NV is a commercial-stage medical device company focused on the development of treatment solutions for the management of fluid overload in liver disease, malignant ascites, and heart failure. The company's products include an alfa pump, which provides a treatment solution for the long-term management of liver refractory ascites and malignant ascites with safety, efficacy, and quality of life benefits demonstrated in multiple clinical studies and over 750 implants. The company's geographical segments include Switzerland, Germany, the United Kingdom, and the Rest of the world, out of which Germany accounts for the majority of the revenue.

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