Monbat AD (XBUL:MONB) Tax Rate % : 9.98% (As of Sep. 2023)

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What is Monbat AD Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Monbat AD's Tax Expense for the three months ended in Sep. 2023 was лв0.4 Mil. Monbat AD's Pre-Tax Income for the three months ended in Sep. 2023 was лв4.0 Mil. Therefore, Monbat AD's Tax Rate % for the quarter that ended in Sep. 2023 was 9.98%.

Monbat AD Tax Rate % Historical Data

The historical data trend for Monbat AD'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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Monbat AD Tax Rate % Chart

Monbat AD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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47.59

8.21

68.06

15.25

20.23

Monbat AD Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Tax Rate %	Get a 7-Day Free Trial															18.45	1.30	44.03	-58.82	9.98

Monbat AD Tax Rate % Calculation

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

Monbat AD'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 )
	=	1.669	/	8.249
	=	20.23 %

Monbat AD's Tax Rate % for the quarter that ended in Sep. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2023 )	/	Pre-Tax Income (Q: Sep. 2023 )
	=	0.401	/	4.019
	=	9.98 %

Monbat AD Tax Rate % Related Terms

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Monbat AD (XBUL:MONB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Monbat AD (XBUL:MONB) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

32 A Cherni vrah boulevard, Floor 4, Sofia, BGR, 1407

Website

https://www.monbatgroup.com

Monbat AD is a Bulgaria-based company engaged in the production and maintenance of and sale of batteries; engineering and development activity; production and trade of equipment used in battery manufacturing; domestic and foreign trade and establishment of commercial networks; specialized stores and representative offices; recycling of lead and lead containing alloys. The company's product range includes starter batteries, stationary batteries, deep cycle batteries, and leisure batteries, special batteries for military applications and locomotive batteries. Additionally, it is also involved in the production of light emitting diode (LED) lighting. The company operates geographically across Bulgaria, Serbia, Romania, Nigeria, and others.

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