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ASICS (ASCCY) Tax Rate % : 186.68% (As of Dec. 2024)


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What is ASICS Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ASICS's Tax Expense for the three months ended in Dec. 2024 was $14 Mil. ASICS's Pre-Tax Income for the three months ended in Dec. 2024 was $8 Mil. Therefore, ASICS's Tax Rate % for the quarter that ended in Dec. 2024 was 186.68%.

ASICS Tax Rate % Historical Data

The historical data trend for ASICS'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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ASICS Tax Rate % Chart

ASICS 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 -0.40 33.58 30.29 29.90 31.42

ASICS 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 -5.48 18.87 38.09 33.37 186.68

ASICS Tax Rate % Calculation

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

ASICS'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 )
=190.476/606.212
=31.42 %

ASICS'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 )
=14.212/7.613
=186.68 %

* 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.

ASICS Tax Rate % Related Terms

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ASICS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » ASICS Corp (OTCPK:ASCCY) » Definitions » Tax Rate %
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Traded in Other Exchanges
ASCCF:USA 7936:Japan ASI1:Germany
Address
1-1, Minatojima-Nakamachi 7-chome, Chuo-ku, Kobe, JPN, 650-8555
Website
http://www.asics.co.jp
Founded in 1949 in Kobe, Japan, Asics is a leading sports footwear brand specializing in performance running shoes. Asics is well-known for its stability running shoe Gel-Kayano, which has been popular among runners for over 30 years thanks to its cushioning technology. It also owns Onitsuka Tiger, which is a sports fashion brand named after the company's founder, Kihachiro Onitsuka. In 2023, Asics had annual sales of over JPY 570 billion, and it operated around 600 self-owned retail stores around the globe.

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