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TAT Technologies (TAT Technologies) Tax Rate % : 81.91% (As of Dec. 2023)


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What is TAT Technologies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. TAT Technologies's Tax Expense for the three months ended in Dec. 2023 was $1.1 Mil. TAT Technologies's Pre-Tax Income for the three months ended in Dec. 2023 was $1.3 Mil. Therefore, TAT Technologies's Tax Rate % for the quarter that ended in Dec. 2023 was 81.91%.

TAT Technologies Tax Rate % Historical Data

The historical data trend for TAT Technologies'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.

TAT Technologies Tax Rate % Chart

TAT Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.99 31.50 14.47 -5.95 12.14

TAT Technologies 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 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 32.54 -4.80 -5.00 -23.85 81.91

TAT Technologies Tax Rate % Calculation

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

TAT Technologies'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 )
=0.576/4.745
=12.14 %

TAT Technologies'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 )
=1.055/1.288
=81.91 %

* 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.

TAT Technologies Tax Rate % Related Terms

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TAT Technologies (TAT Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » TAT Technologies Ltd (NAS:TATT) » Definitions » Tax Rate %
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Traded in Other Exchanges
TATT:Israel
Address
Hamelacha 5, Netanya, ISR, 4250540
Website
https://www.tat-technologies.com
TAT Technologies Ltd is a provider of solutions and services to the aerospace and defence industries focused mainly on the four segments: Original equipment manufacturing (OEM); MRO services for heat transfer; MRO services for aviation components; Overhaul and coating of jet engine components. The company design, develop and manufacture Heat Exchangers, Cooling Systems, Cold Plates, Vapor-Cycle Air Conditioning Systems (for both land and airborne applications) and flow accessories.