Lifenet Insurance Co (Lifenet Insurance Co) Tax Rate % : 33.00% (As of Mar. 2024)

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What is Lifenet Insurance Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lifenet Insurance Co's Tax Expense for the three months ended in Mar. 2024 was $4.5 Mil. Lifenet Insurance Co's Pre-Tax Income for the three months ended in Mar. 2024 was $13.6 Mil. Therefore, Lifenet Insurance Co's Tax Rate % for the quarter that ended in Mar. 2024 was 33.00%.

Lifenet Insurance Co Tax Rate % Historical Data

The historical data trend for Lifenet 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.

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Lifenet Insurance Co Tax Rate % Chart

Lifenet Insurance Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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-0.17

-0.13

-0.12

-0.08

30.63

Lifenet 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															13.97	30.07	29.41	29.84	33.00

Lifenet Insurance Co Tax Rate % Calculation

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

Lifenet Insurance Co's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2024 )	/	Pre-Tax Income (A: Mar. 2024 )
	=	16.867	/	55.073
	=	30.63 %

Lifenet 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 )
	=	4.485	/	13.59
	=	33.00 %

Lifenet Insurance Co Tax Rate % Related Terms

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Lifenet Insurance Co (Lifenet Insurance Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Lifenet Insurance Co (OTCPK:LIFNF) » Definitions » Tax Rate %

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7157:Japan

Address

2-14-2 KojiMachi, Kojimachi NK Building 5 Floor, Chiyoda-Ku, Tokyo, JPN, 102-0083

Website

http://www.lifenet-seimei.co.jp

Lifenet Insurance Co is a Japan-based company engaged in the life insurance business. Primarily, it is involved in the underwriting of insurance and asset management. The company's products include Periodic death insurance, Lifetime medical insurance, Cancer insurance, and Unemployment insurance. Additionally, it markets its insurance products and services directly to customers through the internet.

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