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Minasmaquinas (BSP:MMAQ3) Tax Rate % : 35.31% (As of Dec. 2023)


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What is Minasmaquinas Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Minasmaquinas's Tax Expense for the three months ended in Dec. 2023 was R$3.1 Mil. Minasmaquinas's Pre-Tax Income for the three months ended in Dec. 2023 was R$8.9 Mil. Therefore, Minasmaquinas's Tax Rate % for the quarter that ended in Dec. 2023 was 35.31%.

Minasmaquinas Tax Rate % Historical Data

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

Minasmaquinas 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 21.65 34.94 34.37 34.27 34.28

Minasmaquinas 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 35.13 34.36 33.71 33.96 35.31

Minasmaquinas Tax Rate % Calculation

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

Minasmaquinas'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 )
=14.652/42.744
=34.28 %

Minasmaquinas'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 )
=3.138/8.887
=35.31 %

* 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.

Minasmaquinas Tax Rate % Related Terms

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Minasmaquinas (BSP:MMAQ3) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Minasmaquinas SA (BSP:MMAQ3) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
Br 381 Rod Fernao Dias Km 02, 2211, Contagem, MG, BRA, 32240090
Website
http://www.minasmaquinas.com.br
Minasmaquinas SA sells Mercedes-Benz commercial vehicles such as trucks, mini, urban, and highway buses, and sprinters such as vans and frames. It also offers vehicle parts and resells truck tires, as well as provides technical assistance services. Minasmaquinas is mainly active in the marketing of vehicles and autoparts, as well as provision of services under the brand Mercedes-Benz. It is also involved in the sale of tires under the brand name Michelin.

Minasmaquinas (BSP:MMAQ3) Headlines

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