Renaissance ServicesOG (MUS:RNSS) Tax Rate % : 19.75% (As of Mar. 2024)

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What is Renaissance ServicesOG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Renaissance ServicesOG's Tax Expense for the three months ended in Mar. 2024 was ر.ع0.5 Mil. Renaissance ServicesOG's Pre-Tax Income for the three months ended in Mar. 2024 was ر.ع2.3 Mil. Therefore, Renaissance ServicesOG's Tax Rate % for the quarter that ended in Mar. 2024 was 19.75%.

Renaissance ServicesOG Tax Rate % Historical Data

The historical data trend for Renaissance ServicesOG'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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Renaissance ServicesOG Tax Rate % Chart

Renaissance ServicesOG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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1.25

0.17

0.28

-0.98

18.41

Renaissance ServicesOG 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															0.60	0.67	-0.16	37.05	19.75

Renaissance ServicesOG Tax Rate % Calculation

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

Renaissance ServicesOG'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 )
	=	2.82	/	15.315
	=	18.41 %

Renaissance ServicesOG'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 )
	=	0.457	/	2.314
	=	19.75 %

Renaissance ServicesOG Tax Rate % Related Terms

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Renaissance ServicesOG (MUS:RNSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Renaissance Services SAOG (MUS:RNSS) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Renaissance House, P.O. Box 1676, Muttrah, OMN, 114

Website

https://www.renaissanceservices.com

Renaissance Services SAOG provides vessel chartering, contract, accommodation, and integrated facilities management services to the oil and gas industry. Its segments include contract services which consist of contract services, accommodation solutions, and integrated facilities management (IFM) services. Geographically, it derives most of its revenue from Oman.

Renaissance ServicesOG (MUS:RNSS) Headlines

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