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MNG Havayollari ve Tasimacilik AS (MNG Havayollari ve Tasimacilik AS) Tax Rate % : -7.43% (As of Dec. 2022)


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What is MNG Havayollari ve Tasimacilik AS Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. MNG Havayollari ve Tasimacilik AS's Tax Expense for the three months ended in Dec. 2022 was $-1.38 Mil. MNG Havayollari ve Tasimacilik AS's Pre-Tax Income for the three months ended in Dec. 2022 was $18.54 Mil. Therefore, MNG Havayollari ve Tasimacilik AS's Tax Rate % for the quarter that ended in Dec. 2022 was -7.43%.

MNG Havayollari ve Tasimacilik AS Tax Rate % Historical Data

The historical data trend for MNG Havayollari ve Tasimacilik AS'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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MNG Havayollari ve Tasimacilik AS Tax Rate % Chart

MNG Havayollari ve Tasimacilik AS Annual Data
Trend Dec20 Dec21 Dec22
Tax Rate %
25.58 24.70 6.18

MNG Havayollari ve Tasimacilik AS Quarterly Data
Dec20 Sep21 Dec21 Sep22 Dec22
Tax Rate % - - 48.81 - -7.43

MNG Havayollari ve Tasimacilik AS Tax Rate % Calculation

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

MNG Havayollari ve Tasimacilik AS's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2022 )/Pre-Tax Income (A: Dec. 2022 )
=4.396/71.08
=6.18 %

MNG Havayollari ve Tasimacilik AS's Tax Rate % for the quarter that ended in Dec. 2022 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2022 )/Pre-Tax Income (Q: Dec. 2022 )
=-1.377/18.538
=-7.43 %

* 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.

MNG Havayollari ve Tasimacilik AS Tax Rate % Related Terms

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MNG Havayollari ve Tasimacilik AS (MNG Havayollari ve Tasimacilik AS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MNG Havayollari ve Tasimacilik AS (NYSE:MNGA) » Definitions » Tax Rate %
Comparable Companies
Traded in Other Exchanges
N/A
Address
WOW Convention Center ?DTM, Yesilkoy/Bakirkoy, Istanbul, TUR, 34149
Website
https://www.mngairlines.com
MNG Havayollari ve Tasimacilik AS is an independent logistics provider mainly in the EMEA region and a global e-commerce enabler. Its service offerings include scheduled and block space, charter, ACMI, special cargo, warehouse, handling and technical services. MNG's diversified business model provides MNG with a competitive advantage in the air cargo market, as it gives MNG the opportunity to provide customized services to its customers in accordance with needs and expectations. The company recognizes revenue for its global multimodal operations based on the origin of transported cargo carried on each flight.

MNG Havayollari ve Tasimacilik AS (MNG Havayollari ve Tasimacilik AS) Headlines

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