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SOVTF (Sonaecom) Tax Rate % : 0.26% (As of Mar. 2024)


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What is Sonaecom Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sonaecom's Tax Expense for the three months ended in Mar. 2024 was $0.07 Mil. Sonaecom's Pre-Tax Income for the three months ended in Mar. 2024 was $27.72 Mil. Therefore, Sonaecom's Tax Rate % for the quarter that ended in Mar. 2024 was 0.26%.

Sonaecom Tax Rate % Historical Data

The historical data trend for Sonaecom'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.

* Premium members only.

Sonaecom Tax Rate % Chart

Sonaecom Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.10 -8.60 16.24 4.15 -5.70

Sonaecom Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.79 -14.47 -3.79 0.26 1.78

Sonaecom Tax Rate % Calculation

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

Sonaecom'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 )
=-2.474/43.395
=-5.70 %

Sonaecom'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 )
=0.073/27.715
=0.26 %

* 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.

Sonaecom Tax Rate % Related Terms

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Sonaecom Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sonaecom SA (OTCPK:SOVTF) » Definitions » Tax Rate %
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Traded in Other Exchanges
SNC:Portugal
Address
Lugar de Espido, Via Norte, Maia, PRT, 4471-909
Website
http://www.sonaecom.pt
Sonaecom SA provides consultancy services in the area of information systems. The company develops management platforms and commercializes products, services, and information through the Internet. It also offers management implementation and consulting services in the information services and technology areas, and it develops, promotes, and exploits information systems as well as research, development, consulting, maintenance, and audit services for products, systems, facilities, and communication and security services. The company's main business segments include Media; Technologies; and Holding activities.

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