Al Ahleia Insurance Co (KUW:AINS) Tax Rate % : 4.39% (As of Mar. 2024)

View and export this data going back to 1984. Start your Free Trial

What is Al Ahleia Insurance Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Al Ahleia Insurance Co's Tax Expense for the three months ended in Mar. 2024 was KWD0.4 Mil. Al Ahleia Insurance Co's Pre-Tax Income for the three months ended in Mar. 2024 was KWD9.5 Mil. Therefore, Al Ahleia Insurance Co's Tax Rate % for the quarter that ended in Mar. 2024 was 4.39%.

Al Ahleia Insurance Co Tax Rate % Historical Data

The historical data trend for Al Ahleia Insurance Co'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.

Al Ahleia Insurance Co Tax Rate % Chart

Al Ahleia Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

4.10

4.05

4.38

4.68

4.51

Al Ahleia Insurance Co 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															3.52	11.33	2.62	5.35	4.39

Al Ahleia Insurance Co Tax Rate % Calculation

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

Al Ahleia Insurance Co'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 )
	=	1.022	/	22.676
	=	4.51 %

Al Ahleia Insurance Co'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 )
	=	0.418	/	9.531
	=	4.39 %

Al Ahleia Insurance Co Tax Rate % Related Terms

Thank you for viewing the detailed overview of Al Ahleia Insurance Co's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Al Ahleia Insurance Co (KUW:AINS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Al Ahleia Insurance Co (KUW:AINS) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ahmad Al-Jaber Street, Building 21, Block No. 2, P.O.Box 1602, Al Ahleia Insurance Company Tower, Al-Sharq, Safat, Kuwait, KWT, 13017

Website

http://www.alahleia.com

Al Ahleia Insurance Co is engaged in the provision of insurance and reinsurance products and services. The operating business segments are General risk insurance, Life and Medical insurance and Reinsurance. The general risk insurance segment consists of marine and aviation, general accident and fire. Life and medical insurance segment consist of life insurance and medical insurance. Marine and aviation offer marine cargo and marine hull insurance. The fire and accident provide compensation, money, fidelity guarantee, third-party liability, professional indemnity, and product liability insurance, among others.

Al Ahleia Insurance Co (KUW:AINS) Headlines

No Headlines