Neto Malinda Trading (XTAE:NTML) Tax Rate % : 17.10% (As of Dec. 2023)

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What is Neto Malinda Trading Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Neto Malinda Trading's Tax Expense for the three months ended in Dec. 2023 was ₪4 Mil. Neto Malinda Trading's Pre-Tax Income for the three months ended in Dec. 2023 was ₪26 Mil. Therefore, Neto Malinda Trading's Tax Rate % for the quarter that ended in Dec. 2023 was 17.10%.

Neto Malinda Trading Tax Rate % Historical Data

The historical data trend for Neto Malinda Trading'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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Neto Malinda Trading Tax Rate % Chart

Neto Malinda Trading Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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21.09

25.81

21.01

21.81

21.76

Neto Malinda Trading Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															2.89	23.27	22.00	21.16	17.10

Neto Malinda Trading Tax Rate % Calculation

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

Neto Malinda Trading'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 )
	=	36.749	/	168.891
	=	21.76 %

Neto Malinda Trading's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	4.429	/	25.899
	=	17.10 %

Neto Malinda Trading Tax Rate % Related Terms

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Neto Malinda Trading (XTAE:NTML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Neto Malinda Trading Ltd (XTAE:NTML) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Meir Ezra Street, P.O Box 655, Kiryat Malachi, ISR, 75864

Website

http://www.neto.org.il

Neto Malinda Trading Ltd is a food conglomerates in Israel. It operates in food processing sector. The Company imports and exports food products, produces fish products, imports canned goods and produces products under Williger brand. Its brands include Tibon Veal, Delidag, Williger, Three Bakers, Rich's, Bikorey Hasade Darom. It also owns and operates cold storage for frozen and chilled products.

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