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First Insurance Co (AMM:FINS) Tax Rate % : 16.93% (As of Dec. 2024)


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What is First Insurance Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. First Insurance Co's Tax Expense for the three months ended in Dec. 2024 was JOD0.27 Mil. First Insurance Co's Pre-Tax Income for the three months ended in Dec. 2024 was JOD1.60 Mil. Therefore, First Insurance Co's Tax Rate % for the quarter that ended in Dec. 2024 was 16.93%.

First Insurance Co Tax Rate % Historical Data

The historical data trend for First Insurance Co'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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First Insurance Co Tax Rate % Chart

First Insurance Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.75 4.96 55.51 17.32 19.72

First Insurance Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 12.83 96.25 10.83 23.03 16.93

First Insurance Co Tax Rate % Calculation

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

First Insurance Co's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=0.765/3.879
=19.72 %

First Insurance Co's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=0.271/1.601
=16.93 %

* 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.

First Insurance Co Tax Rate % Related Terms

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First Insurance Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » First Insurance Co (AMM:FINS) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
King Abdullah II Street, Building No. 95, P.O. Box 189, Khalda - Dabouq Circle, Near the Medical City, Amman, JOR, 11822
Website
https://www.solidarity.com.jo
First Insurance Co is a Jordan-based insurance company. It provides insurance on fire, natural hazards, accidents, medical and marine vehicles, cargo during transportation and other damage to properties, a liability of land-based vehicles, general liability, assistance insurance, and others. Its products include motor insurance, medical insurance, life insurance, and travel insurance among others; while corporate products include marine insurance, property insurance, and cash insurance among others.