Mangels Industrial (BSP:MGEL4) Tax Rate % : 34.32% (As of Dec. 2023)

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What is Mangels Industrial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mangels Industrial's Tax Expense for the three months ended in Dec. 2023 was R$9.2 Mil. Mangels Industrial's Pre-Tax Income for the three months ended in Dec. 2023 was R$26.7 Mil. Therefore, Mangels Industrial's Tax Rate % for the quarter that ended in Dec. 2023 was 34.32%.

Mangels Industrial Tax Rate % Historical Data

The historical data trend for Mangels Industrial'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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Mangels Industrial Tax Rate % Chart

Mangels Industrial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-62.30

-8.71

21.47

-181.90

37.47

Mangels Industrial 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															-1,347.85	54.62	31.14	37.92	34.32

Mangels Industrial Tax Rate % Calculation

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

Mangels Industrial'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 )
	=	20.404	/	54.451
	=	37.47 %

Mangels Industrial'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 )
	=	9.168	/	26.714
	=	34.32 %

Mangels Industrial Tax Rate % Related Terms

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Mangels Industrial (BSP:MGEL4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mangels Industrial SA (BSP:MGEL4) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

Rua Verbo Divino 1488, 6º andar, Cj.61A e 64D, Chácara Santo, Antonio, Sao Paulo, SP, BRA, 04719904

Website

http://www.mangels.com.br

Mangels Industrial SA produces, markets, sells and distributes steel and related products. It operates in four segments, Steel, Wheel, Cylinder and Galvanizing. It supplies wheels to the car industry, motorcycles, trucks, buses, appliances, and gas companies; liquefied petroleum gas cylinders; air tanks for heavy vehicles, agricultural machinery, and air compressors; rear axles for light vehicles; and rolls, blanks, and sheets of low carbon and high strength steel for use in motorcycles, electronics and accessories, and hardware components.

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