Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Tax Rate % : 15.86% (As of Dec. 2024)

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What is Compania deneamento de Minas Gerais - COPASA MG Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Compania deneamento de Minas Gerais - COPASA MG's Tax Expense for the three months ended in Dec. 2024 was R$51 Mil. Compania deneamento de Minas Gerais - COPASA MG's Pre-Tax Income for the three months ended in Dec. 2024 was R$323 Mil. Therefore, Compania deneamento de Minas Gerais - COPASA MG's Tax Rate % for the quarter that ended in Dec. 2024 was 15.86%.

Compania deneamento de Minas Gerais - COPASA MG Tax Rate % Historical Data

The historical data trend for Compania deneamento de Minas Gerais - COPASA MG'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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Compania deneamento de Minas Gerais - COPASA MG Tax Rate % Chart

Compania deneamento de Minas Gerais - COPASA MG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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26.13

17.86

19.37

22.78

21.28

Compania deneamento de Minas Gerais - COPASA MG 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															22.74	23.92	21.60	22.14	15.86

Compania deneamento de Minas Gerais - COPASA MG Tax Rate % Calculation

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

Compania deneamento de Minas Gerais - COPASA MG'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 )
	=	356.086	/	1673.006
	=	21.28 %

Compania deneamento de Minas Gerais - COPASA MG'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 )
	=	51.249	/	323.179
	=	15.86 %

Compania deneamento de Minas Gerais - COPASA MG Tax Rate % Related Terms

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Compania deneamento de Minas Gerais - COPASA MG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Compania de Saneamento de Minas Gerais - COPASA MG (BSP:CSMG3) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

Rua Mar de Espanha 525, Santo Antonio, Belo Horizonte, MG, BRA, 30330900

Website

http://www.copasa.com.br

Compania de Saneamento de Minas Gerais - COPASA MG provides water supply, sewage, and solid waste services. The company operates out of subsidiaries COPASA Servicos de Irrigacao S.A., COPASA Aguas Minerais de Minas S.A, and COPANOR. COPASA Servicos de Irrigacao S.A. manages, performs, and sells irrigation system services. COPASA Aguas Minerais de Minas S.A. produces, bottles, distributes, and sells mineral water. COPANOR provides water supply and sewage treatment services across the North and Northeast regions of the State of Minas Gerais. A majority of revenue is derived from water services while the rest is derived from sewage services. The company operates out of Brazil, where an amount of revenue is generated.

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