Jordan Insurance Co (AMM:JOIN) Tax Rate % : 70.10% (As of Sep. 2024)

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What is Jordan Insurance Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Jordan Insurance Co's Tax Expense for the three months ended in Sep. 2024 was JOD0.22 Mil. Jordan Insurance Co's Pre-Tax Income for the three months ended in Sep. 2024 was JOD0.31 Mil. Therefore, Jordan Insurance Co's Tax Rate % for the quarter that ended in Sep. 2024 was 70.10%.

Jordan Insurance Co Tax Rate % Historical Data

The historical data trend for Jordan 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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Jordan Insurance Co Tax Rate % Chart

Jordan Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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7.37

0.89

23.07

90.64

37.52

Jordan Insurance Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															110.42	50.73	34.28	35.46	70.10

Jordan Insurance Co Tax Rate % Calculation

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

Jordan Insurance Co'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 )
	=	1.087	/	2.897
	=	37.52 %

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

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	0.218	/	0.311
	=	70.10 %

Jordan Insurance Co Tax Rate % Related Terms

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Jordan Insurance Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Jordan Insurance Co (AMM:JOIN) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Mohammed Street, P.O. Box 279, Jabal Amman - 3rd Circle, Amman, JOR, 11118

Website

https://www.jicjo.com

Jordan Insurance Co is engaged in the provision of insurance services. The company offers marine insurance products including cargo and hull insurance, engineering insurance products consisting of contractors all-risks insurance, contractors plant and machinery insurance, and erection all-risks insurance, and property insurance products, such as fire and lightning, householder's policy, benefits of homeowners insurance, and property all risks policy. It also provides motor insurance products, life insurance products comprising universal plans, term life insurance, and group life insurance. Besides, it also administers medical insurance and casualty insurance covering bankers blanket bonds, money insurance, fidelity guarantee, and others.

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