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Ocean Bio-Chem (Ocean Bio-Chem) Tax Rate % : 21.27% (As of Jun. 2022)


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What is Ocean Bio-Chem Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ocean Bio-Chem's Tax Expense for the three months ended in Jun. 2022 was $-0.09 Mil. Ocean Bio-Chem's Pre-Tax Income for the three months ended in Jun. 2022 was $-0.41 Mil. Therefore, Ocean Bio-Chem's Tax Rate % for the quarter that ended in Jun. 2022 was 21.27%.


Ocean Bio-Chem Tax Rate % Historical Data

The historical data trend for Ocean Bio-Chem'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.

* Premium members only.

Ocean Bio-Chem Tax Rate % Chart

Ocean Bio-Chem Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.21 22.06 22.16 21.39 21.53

Ocean Bio-Chem Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.75 21.58 20.23 20.39 21.27

Ocean Bio-Chem Tax Rate % Calculation

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

Ocean Bio-Chem's Tax Rate % for the fiscal year that ended in Dec. 2021 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2021 )/Pre-Tax Income (A: Dec. 2021 )
=2.306/10.71
=21.53 %

Ocean Bio-Chem's Tax Rate % for the quarter that ended in Jun. 2022 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2022 )/Pre-Tax Income (Q: Jun. 2022 )
=-0.087/-0.409
=21.27 %

* 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.


Ocean Bio-Chem Tax Rate % Related Terms

Thank you for viewing the detailed overview of Ocean Bio-Chem's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ocean Bio-Chem (Ocean Bio-Chem) Business Description

Traded in Other Exchanges
N/A
Address
4041 SW 47 Avenue, Fort Lauderdale, FL, USA, 33314
Ocean Bio-Chem Inc is engaged in the manufacturing, marketing, and distribution of a broad line of appearance, performance and maintenance products for the marine, automotive, power sports, recreational vehicle, home care and outdoor power equipment markets, under the Star brite and Star Tron brand names. It sells these products within the USA and Canada. The company produces private label formulations of many of its products for various customers and provide custom blending and packaging services for these and other products. It also manufactures, markets and distributes chlorine dioxide-based deodorizing disinfectant, and sanitizing products under the Star brite and Performacide brand names, utilizing a patented delivery system for use with products containing chlorine dioxide.
Executives
Peter G Dorau director, officer: President-CEO 1601 SE 10 STREET FORT LAUDERDALE FL 3316
Gregor M Dornau officer: Vice President 1305 MANDARIN ISLE FORT LAUDERDALE FL 33315
William Dudman officer: Vice President - Operations 6040 SW 15 STREET PLANTATION FL 33317
John B Turner director 16101 SW 156 AVENUE MIAMI FL 33186
Jeffrey Barocas director, officer: Chief FInancial Officer 4041 SW 47TH AVE, FT LAUDERDALE FL 33314
Diana Conard director 4041 SW 47TH AVE FORT LAUDERDALE FL 33314
Kim Krause director 4041 SW 47TH AVENUE FORT LAUDERDALE FL 33314
James M Kolisch director
Peter Dornau Family, Llc other: Trust 4041 SW 47TH AVE FT. LAUDERDALE FL 33314
Edward Anchel director, officer: Vice President-CFO 7566 VIA GRANDE BOYNTON BEACH FL 33437
Anca Vague other: Controller - Financial Reptg. 1505 N RIVERSIDE DRIVE APT.302 POMPANO BEACH FL 33062
Lindsey George W Jr officer: Vice President 1833 WASHINGTON STREET HOLLYWOOD FL 33319
Sonia B Beard director 1708 SHORE DR MERRITT ISLAND FL 32952
Laz L Schneider director 2525 NE 26 TERRACE FORT LAUDERDALE FL 33305
Jeffrey Tieger director, officer: Vice President 10180 SW 4 STREET PLANTATION FL 33314