United Fidelity Insurance Co PSC (ADX:FIDELITYUNITED) Tax Rate %: 0.00% (As of Mar. 2023)

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What is United Fidelity Insurance Co PSC Tax Rate %?

United Fidelity Insurance Co PSC ADX:FIDELITYUNITED Tax Rate % is 0.00% as of Mar. 2023.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. United Fidelity Insurance Co PSC's Tax Expense for the three months ended in Mar. 2023 was د.إ0.0 Mil. United Fidelity Insurance Co PSC's Pre-Tax Income for the three months ended in Mar. 2023 was د.إ-6.0 Mil. Therefore, United Fidelity Insurance Co PSC's Tax Rate % for the quarter that ended in Mar. 2023 was 0.00%.

United Fidelity Insurance Co PSC Tax Rate % Related Terms

United Fidelity Insurance Co PSC Tax Rate % Historical Data

* Premium members only.

The historical data trend for United Fidelity Insurance Co PSC'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.

United Fidelity Insurance Co PSC Tax Rate % Chart

United Fidelity Insurance Co PSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

United Fidelity Insurance Co PSC Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.00 0.00 0.00 0.00 0.00

United Fidelity Insurance Co PSC Tax Rate % Calculation

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

United Fidelity Insurance Co PSC'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 )
=0/0.683
=0.00 %

United Fidelity Insurance Co PSC's Tax Rate % for the quarter that ended in Mar. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2023 )/Pre-Tax Income (Q: Mar. 2023 )
=0/-5.991
=0.00 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 0.00% mean?
United Fidelity Insurance Co PSC (ADX:FIDELITYUNITED) has a Tax Rate % of 0.00% as of Mar. 2023.
Is United Fidelity Insurance Co PSC's Tax Rate % too high?
United Fidelity Insurance Co PSC's current Tax Rate % is 0.00%.
How does United Fidelity Insurance Co PSC's Tax Rate % compare to KFS and UNAM?
United Fidelity Insurance Co PSC's Tax Rate % of 0.00% can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Insurance company?
A good Tax Rate % depends on the Insurance industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. United Fidelity Insurance Co PSC's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Fidelity Insurance Co PSC stock overvalued right now?
United Fidelity Insurance Co PSC (ADX:FIDELITYUNITED) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For United Fidelity Insurance Co PSC (ADX:FIDELITYUNITED), the current Tax Rate % is 0.00% as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

United Fidelity Insurance Co PSC Business Description

Address Block B, Business Bay, The Opus Tower, Office B703, PO Box 1888, Dubai, ARE
United Fidelity Insurance Co PSC is engaged in the writing of all classes of general and life insurance products in the United Arab Emirates. It operates through the following segments: Insurance segment, which comprises property, marine, motor, medical, general accident, group life, and miscellaneous risks; and the Investment segment, which comprises investment at FVTPL, available-for-sale investments, investment properties, and fixed deposits.