Ashot- Ashkelon Industries (XTAE:ASHO) Tax Rate % : -2.85% (As of Mar. 2024)

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What is Ashot- Ashkelon Industries Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ashot- Ashkelon Industries's Tax Expense for the three months ended in Mar. 2024 was ₪-0.4 Mil. Ashot- Ashkelon Industries's Pre-Tax Income for the three months ended in Mar. 2024 was ₪13.3 Mil. Therefore, Ashot- Ashkelon Industries's Tax Rate % for the quarter that ended in Mar. 2024 was -2.85%.

Ashot- Ashkelon Industries Tax Rate % Historical Data

The historical data trend for Ashot- Ashkelon Industries'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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Ashot- Ashkelon Industries Tax Rate % Chart

Ashot- Ashkelon Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-12.02

12.13

7.12

3.85

3.92

Ashot- Ashkelon Industries 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															10.42	-0.38	3.35	0.76	-2.85

Ashot- Ashkelon Industries Tax Rate % Calculation

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

Ashot- Ashkelon Industries'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 )
	=	1.329	/	33.914
	=	3.92 %

Ashot- Ashkelon Industries'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 )
	=	-0.38	/	13.331
	=	-2.85 %

Ashot- Ashkelon Industries Tax Rate % Related Terms

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Ashot- Ashkelon Industries (XTAE:ASHO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Ashot- Ashkelon Industries Ltd (XTAE:ASHO) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Ezra Yessodi Street, P.O.B. 21, Ashkelon, ISR, 7810001

Website

http://www.ashot.co.il

Ashot- Ashkelon Industries Ltd produces metal products, aviation parts, armored combat vehicle systems, and heavy metal products. It supplies technologically advanced systems and components for the international aerospace, defense, automotive and other industries. The company's products include gears, transmissions, gearbox and long and short shafts for jet engines, landing gears components, tungsten-based products, among others.

Ashot- Ashkelon Industries (XTAE:ASHO) Headlines

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