Elron Ventures (XTAE:ELRN) Tax Rate % : -21.84% (As of Dec. 2023)

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What is Elron Ventures Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Elron Ventures's Tax Expense for the three months ended in Dec. 2023 was ₪4.37 Mil. Elron Ventures's Pre-Tax Income for the three months ended in Dec. 2023 was ₪-20.01 Mil. Therefore, Elron Ventures's Tax Rate % for the quarter that ended in Dec. 2023 was -21.84%.

Elron Ventures Tax Rate % Historical Data

The historical data trend for Elron Ventures'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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Elron Ventures Tax Rate % Chart

Elron Ventures Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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0.48

5.01

22.09

1.50

-12.91

Elron Ventures 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															-0.71	0.98	-	-	-21.84

Elron Ventures Tax Rate % Calculation

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

Elron Ventures'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 )
	=	4.635	/	-35.892
	=	-12.91 %

Elron Ventures'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 )
	=	4.369	/	-20.007
	=	-21.84 %

Elron Ventures Tax Rate % Related Terms

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Elron Ventures (XTAE:ELRN) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Elron Ventures Ltd (XTAE:ELRN) » Definitions » Tax Rate %

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ELRNF:USA

Address

114 Yigal Alon Street, ToHa Tower, 27th Floor, Tel Aviv, ISR, 6744320

Website

https://www.elronventures.com

Elron Ventures Ltd is a holding company which focuses on building and enhancing technology companies in the fields of medical devices and cyber space. Its group companies operate in various technology fields.

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