Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM) Tax Rate %: -0.40% (As of Dec. 2023)

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What is Rum Group for Transportation & Tourism Investment PSC Tax Rate %?

Rum Group for Transportation & Tourism Investment PSC AMM:RUMM Tax Rate % is -0.40% as of Dec. 2023.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Rum Group for Transportation & Tourism Investment PSC's Tax Expense for the three months ended in Dec. 2023 was JOD0.00 Mil. Rum Group for Transportation & Tourism Investment PSC's Pre-Tax Income for the three months ended in Dec. 2023 was JOD-0.75 Mil. Therefore, Rum Group for Transportation & Tourism Investment PSC's Tax Rate % for the quarter that ended in Dec. 2023 was -0.40%.

Rum Group for Transportation & Tourism Investment PSC Tax Rate % Related Terms

Rum Group for Transportation & Tourism Investment PSC Tax Rate % Historical Data

* Premium members only.

The historical data trend for Rum Group for Transportation & Tourism Investment 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.

Rum Group for Transportation & Tourism Investment PSC Tax Rate % Chart

Rum Group for Transportation & Tourism Investment PSC 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 13.98 -0.16 -0.53 -0.09 -0.16

Rum Group for Transportation & Tourism Investment PSC 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 -4.76 0.00 0.00 0.00 -0.40

Rum Group for Transportation & Tourism Investment PSC Tax Rate % Calculation

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

Rum Group for Transportation & Tourism Investment PSC'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 )
=0.003/-1.821
=-0.16 %

Rum Group for Transportation & Tourism Investment PSC'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 )
=0.003/-0.747
=-0.40 %

* 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 -0.40% mean?
Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM) has a Tax Rate % of -0.40% as of Dec. 2023.
Is Rum Group for Transportation & Tourism Investment PSC's Tax Rate % too high?
Rum Group for Transportation & Tourism Investment PSC's current Tax Rate % is -0.40%.
How does Rum Group for Transportation & Tourism Investment PSC's Tax Rate % compare to BKNG and ABNB?
Rum Group for Transportation & Tourism Investment PSC's Tax Rate % of -0.40% can be compared against companies in the Travel & Leisure 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 a Travel & Leisure company?
A good Tax Rate % depends on the Travel & Leisure 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. Rum Group for Transportation & Tourism Investment PSC's current Tax Rate % is -0.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rum Group for Transportation & Tourism Investment PSC stock overvalued right now?
Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM) has a current Tax Rate % of -0.40%. The current Tax Rate % is -0.40%. 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 Rum Group for Transportation & Tourism Investment PSC (AMM:RUMM), the current Tax Rate % is -0.40% as of Dec. 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.

Rum Group for Transportation & Tourism Investment PSC Business Description

Address Airport Street, Close to Maa'daba Bridge, P.O. Box 921513, Amman, JOR, 11192
Rum Group for Transportation & Tourism Investment PSC provides tour services. The company provides tourist land transportation Inside and Outside Jordan, owns and operates hotels, aircraft leasing, low-cost airlines, insurance and financial brokerage. The company's brands include Rum Trans, Rum Hotels, and RUM Aviation.