Nippon Sheet Glass Co (Nippon Sheet Glass Co) Tax Rate % : 9.26% (As of Mar. 2024)

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What is Nippon Sheet Glass Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nippon Sheet Glass Co's Tax Expense for the three months ended in Mar. 2024 was $-2 Mil. Nippon Sheet Glass Co's Pre-Tax Income for the three months ended in Mar. 2024 was $-23 Mil. Therefore, Nippon Sheet Glass Co's Tax Rate % for the quarter that ended in Mar. 2024 was 9.26%.

Nippon Sheet Glass Co Tax Rate % Historical Data

The historical data trend for Nippon Sheet Glass 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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Nippon Sheet Glass Co Tax Rate % Chart

Nippon Sheet Glass Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Tax Rate %

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-29.29

4.98

43.01

-41.42

37.89

Nippon Sheet Glass 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															22.21	43.17	51.25	-106.21	9.26

Nippon Sheet Glass Co Tax Rate % Calculation

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

Nippon Sheet Glass 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 )
	=	44.5	/	117.455
	=	37.89 %

Nippon Sheet Glass 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 )
	=	-2.149	/	-23.215
	=	9.26 %

Nippon Sheet Glass Co Tax Rate % Related Terms

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Nippon Sheet Glass Co (Nippon Sheet Glass Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nippon Sheet Glass Co Ltd (OTCPK:NPSGY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

5202:Japan NI9:Germany

Address

Sumitomo Fudosan Mita Twin Building West Wing, 5-27, Mita 3-chome, Minato-Ku, Tokyo, JPN, 108-6321

Website

http://www.nsg.com

Nippon Sheet Glass Co Ltd manufactures glass and glazing products for many industries. The architectural segment, which accounts for roughly 40% of the company's total revenue, sells flat glass and glazing products to commercial and residential markets and the solar energy sector. The automotive segment, which accounts for roughly half of the company's total revenue, supplies a wide range of automotive glazing to vehicle manufacturers for new vehicles and replacement markets. The technical glass segment sells thin glass and glass fiber products for small displays, lenses, printers, and engine timing belts. Nippon sells its products worldwide, with more than a third of its sales in Europe, roughly a third in Japan and the rest of Asia, and the remaining sales in the Americas.

Nippon Sheet Glass Co (Nippon Sheet Glass Co) Headlines

From GuruFocus

Nippon Sheet Glass Co Stock Is Believed To Be Modestly Undervalued

By GF Value GF Value • 04-13-2021