Cementos Argos S.A. (Cementos Argos S.A.) Tax Rate % : 20.04% (As of Sep. 2023)

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What is Cementos Argos S.A. Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Cementos Argos S.A.'s Tax Expense for the three months ended in Sep. 2023 was $14 Mil. Cementos Argos S.A.'s Pre-Tax Income for the three months ended in Sep. 2023 was $71 Mil. Therefore, Cementos Argos S.A.'s Tax Rate % for the quarter that ended in Sep. 2023 was 20.04%.

Cementos Argos S.A. Tax Rate % Historical Data

The historical data trend for Cementos Argos S.A.'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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Cementos Argos S.A. Tax Rate % Chart

Cementos Argos S.A. Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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29.68

42.68

36.52

35.92

62.99

Cementos Argos S.A. Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Tax Rate %	Get a 7-Day Free Trial															60.99	51.47	28.36	22.35	20.04

Cementos Argos S.A. Tax Rate % Calculation

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

Cementos Argos S.A.'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 )
	=	76.655	/	121.696
	=	62.99 %

Cementos Argos S.A.'s Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	14.18	/	70.767
	=	20.04 %

Cementos Argos S.A. Tax Rate % Related Terms

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Cementos Argos S.A. (Cementos Argos S.A.) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cementos Argos S.A. (OTCPK:CMTOY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

PFCEMARGOS.PFD:Columbia CEMARGOS:Columbia

Address

Carrera 53 No. 106 - 280, Centro Empresarial Buenavista, Piso 17, Barranquilla, COL

Website

https://www.argos.co

Cementos Argos S.A. is a cement producing company. In terms of the concrete business it is Colombia's leading producer and the second-largest producer in the United States. The company's corporate purpose is the exploitation of the cement industry, the production of concrete mixes and any other materials or items made of cement, lime or clay, the acquisition and exploitation of minerals or deposits of exploitable minerals in the cement industry and similar rights to explore and mine the aforementioned minerals, whether by concession, privilege, lease or other title.

Cementos Argos S.A. (Cementos Argos S.A.) Headlines

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