Balance Sheet
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Consolidated Net IncomeEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest & Investment IncomeInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeNon Operating Investment IncomeOperating ExpensesOperating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax Rate
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Ratios

Tecogen (TGEN) Tax Rate (2018 - 2023)

Tecogen (TGEN) has disclosed Tax Rate for 6 consecutive years, with 0.01% as the latest value for Q4 2023.

  • For the quarter ending Q4 2023, Tax Rate changed N/A year-over-year to 0.01%, compared with a TTM value of 0.72% through Dec 2023, down 4.0%, and an annual FY2024 reading of 0.49%, up 24.0% over the prior year.
  • Tax Rate was 0.01% for Q4 2023 at Tecogen, up from 1.26% in the prior quarter.
  • Across five years, Tax Rate topped out at 3.8% in Q1 2022 and bottomed at 4.81% in Q2 2019.
  • Average Tax Rate over 5 years is 0.67%, with a median of 0.25% recorded in 2020.
  • The sharpest move saw Tax Rate soared 463bps in 2021, then tumbled -536bps in 2023.
  • Year by year, Tax Rate stood at 0.1% in 2019, then plummeted by -158bps to 0.06% in 2020, then soared by 1420bps to 0.76% in 2021, then plummeted by -450bps to 2.65% in 2022, then skyrocketed by 100bps to 0.01% in 2023.
  • Business Quant data shows Tax Rate for TGEN at 0.01% in Q4 2023, 1.26% in Q2 2023, and 1.56% in Q1 2023.