Wetzel (BSP:MWET3) Tax Rate % : 20.64% (As of Mar. 2024)

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What is Wetzel Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Wetzel's Tax Expense for the three months ended in Mar. 2024 was R$0.1 Mil. Wetzel's Pre-Tax Income for the three months ended in Mar. 2024 was R$0.5 Mil. Therefore, Wetzel's Tax Rate % for the quarter that ended in Mar. 2024 was 20.64%.

Wetzel Tax Rate % Historical Data

The historical data trend for Wetzel'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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Wetzel Tax Rate % Chart

Wetzel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-1.17

25.74

2.31

-71.71

35.10

Wetzel Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															96.92	45.05	41.34	8.59	20.64

Wetzel Tax Rate % Calculation

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

Wetzel'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 )
	=	-13.705	/	-39.043
	=	35.10 %

Wetzel'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 )
	=	0.109	/	0.528
	=	20.64 %

Wetzel Tax Rate % Related Terms

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Wetzel (BSP:MWET3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Wetzel SA (BSP:MWET3) » Definitions » Tax Rate %

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MWET4:Brazil

Address

Rua Dona Francisca, 8300, Bloco H, Joinville, SC, BRA, 89239-270

Website

https://www.wetzel.com.br

Wetzel SA manufactures and markets aluminum and iron components and parts for motor vehicles. The company operates in three business units namely, Aluminum Division, Iron Division and Electro-technical Division.

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