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Corporacion Aceros Arequipa (LIM:CORAREC1) Tax Rate % : 29.05% (As of Mar. 2024)


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What is Corporacion Aceros Arequipa Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Corporacion Aceros Arequipa's Tax Expense for the three months ended in Mar. 2024 was S/.25 Mil. Corporacion Aceros Arequipa's Pre-Tax Income for the three months ended in Mar. 2024 was S/.85 Mil. Therefore, Corporacion Aceros Arequipa's Tax Rate % for the quarter that ended in Mar. 2024 was 29.05%.

Corporacion Aceros Arequipa Tax Rate % Historical Data

The historical data trend for Corporacion Aceros Arequipa'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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Corporacion Aceros Arequipa Tax Rate % Chart

Corporacion Aceros Arequipa Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.01 28.82 29.06 31.60 34.63

Corporacion Aceros Arequipa Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.72 32.20 -15.06 35.11 29.05

Corporacion Aceros Arequipa Tax Rate % Calculation

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

Corporacion Aceros Arequipa'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 )
=35.635/102.913
=34.63 %

Corporacion Aceros Arequipa'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 )
=24.658/84.871
=29.05 %

* 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.

Corporacion Aceros Arequipa Tax Rate % Related Terms

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Corporacion Aceros Arequipa (LIM:CORAREC1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Corporacion Aceros Arequipa SA (LIM:CORAREC1) » Definitions » Tax Rate %
Comparable Companies
LIM:BUENAVC1 LIM:ALICORC1 LIM:EGEPIBC1 LIM:CPACASC1 LIM:ENGIEC1 LIM:IFS LIM:FIBPRIME NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT NSE:TATASTEEL STLD RS MIC:CHMF TPE:2002 BUE:TXAR SZSE:000708
Traded in Other Exchanges
CORAREI1:Peru
Address
Carretera Panamericana Sur Km. 241, Paracas, Pisco, PER
Website
https://www.acerosarequipa.com
Corporacion Aceros Arequipa SA is a Peru-based company that manufactures, distributes, and markets iron, steel, and other metal products. Its product portfolio consists of rebar, flat bars, merchant bars, coils, sheets, tubes, and corrugated sheets, among others. The firm's products are used in construction, mining, heavy metalworking industry, and others. Geographically the majority of its revenue comes from Peru.

Corporacion Aceros Arequipa (LIM:CORAREC1) Headlines

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