Transportadora de Gas del Norte (BUE:TGNO2) Tax Rate % : 48.02% (As of Mar. 2024)

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What is Transportadora de Gas del Norte Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Transportadora de Gas del Norte's Tax Expense for the three months ended in Mar. 2024 was ARS-29,792 Mil. Transportadora de Gas del Norte's Pre-Tax Income for the three months ended in Mar. 2024 was ARS-62,044 Mil. Therefore, Transportadora de Gas del Norte's Tax Rate % for the quarter that ended in Mar. 2024 was 48.02%.

Transportadora de Gas del Norte Tax Rate % Historical Data

The historical data trend for Transportadora de Gas del Norte'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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Transportadora de Gas del Norte Tax Rate % Chart

Transportadora de Gas del Norte Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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23.27

15.43

-40.06

42.85

36.51

Transportadora de Gas del Norte 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															36.14	26.06	26.13	36.95	48.02

Transportadora de Gas del Norte Tax Rate % Calculation

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

Transportadora de Gas del Norte'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 )
	=	33199.302	/	90925.958
	=	36.51 %

Transportadora de Gas del Norte'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 )
	=	-29791.668	/	-62043.844
	=	48.02 %

Transportadora de Gas del Norte Tax Rate % Related Terms

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Transportadora de Gas del Norte (BUE:TGNO2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Transportadora de Gas del Norte SA (BUE:TGNO2) » Definitions » Tax Rate %

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TGNO4:Argentina

Address

Don Bosco 3672, 3rd floor, Buenos Aires, ARG, C1206ABF

Website

https://www.tgn.com.ar

Transportadora de Gas del Norte SA is an Argentina-based company. It is active in the distribution of natural gas. The Company operates a pipeline network of more than 6,788 kilometers. Its gas transportation system comprises two main pipelines: The Northern Pipeline, which begins in the province of Salta, and the Central Western Pipeline, which starts in the Province of Neuquen. The services offered by the company include Gas transportation and providing operation, maintenance and technical assistance of third-party pipelines.

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