Menif Financial Services (XTAE:MNIF) Tax Rate % : 23.23% (As of Mar. 2024)

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What is Menif Financial Services Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Menif Financial Services's Tax Expense for the three months ended in Mar. 2024 was ₪10.5 Mil. Menif Financial Services's Pre-Tax Income for the three months ended in Mar. 2024 was ₪45.4 Mil. Therefore, Menif Financial Services's Tax Rate % for the quarter that ended in Mar. 2024 was 23.23%.

Menif Financial Services Tax Rate % Historical Data

The historical data trend for Menif Financial Services'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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Menif Financial Services Tax Rate % Chart

Menif Financial Services Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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24.18

53.89

25.07

23.94

23.34

Menif Financial Services 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															23.44	23.39	23.29	23.25	23.23

Menif Financial Services Tax Rate % Calculation

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

Menif Financial Services'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 )
	=	37.905	/	162.414
	=	23.34 %

Menif Financial Services'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 )
	=	10.544	/	45.388
	=	23.23 %

Menif Financial Services Tax Rate % Related Terms

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Menif Financial Services (XTAE:MNIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Menif Financial Services Ltd (XTAE:MNIF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jabotinsky 35, Ramat Gan, ISR, 52511

Website

https://www.menif.co.il

Menif Financial Services Ltd is engaged in providing mezzanine financing for equity to promoters and contractors in the construction industry. It offers financing for reinforcement and construction projects, small construction evacuation projects, and large-scale construction evacuation projects.

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