Valens Semiconductor (Valens Semiconductor) Tax Rate % : -0.17% (As of Mar. 2024)

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What is Valens Semiconductor Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Valens Semiconductor's Tax Expense for the three months ended in Mar. 2024 was $0.02 Mil. Valens Semiconductor's Pre-Tax Income for the three months ended in Mar. 2024 was $-10.03 Mil. Therefore, Valens Semiconductor's Tax Rate % for the quarter that ended in Mar. 2024 was -0.17%.

Valens Semiconductor Tax Rate % Historical Data

The historical data trend for Valens Semiconductor'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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Valens Semiconductor Tax Rate % Chart

Valens Semiconductor Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

-1.62

-0.84

-1.56

-1.66

-0.57

Valens Semiconductor Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial											-0.35	-0.57	-0.13	1.80	-0.17

Valens Semiconductor Tax Rate % Calculation

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

Valens Semiconductor'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 )
	=	0.112	/	-19.567
	=	-0.57 %

Valens Semiconductor'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 )
	=	0.017	/	-10.03
	=	-0.17 %

Valens Semiconductor Tax Rate % Related Terms

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Valens Semiconductor (Valens Semiconductor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Valens Semiconductor Ltd (NYSE:VLN) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Hanagar Street, PO Box 7152, Hod Hasharon, ISR, 4501309

Website

https://www.valens.com

Valens Semiconductor Ltd is a provider of semiconductor products, pushing the boundaries of connectivity by enabling long-reach, high-speed video, and data transmission for the audio-video and automotive industries. It operates in two segments: Audio-Video, which includes the company's HDBaseT solutions for the Audio-Video market deliver superior, plug-and-play convergence and distribution of different interfaces, through a single long-distance category cable; and Automotive segment products enable safe and resilient high-speed in-vehicle connectivity for car architectures, realizing the vision of connected and autonomous cars. The company's geographical segments include Israel, China, Hong Kong, the United States, Mexico, Japan, and Others.