Rede Energia Participacoes (BSP:REDE3) Tax Rate % : 21.07% (As of Dec. 2023)

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What is Rede Energia Participacoes Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Rede Energia Participacoes's Tax Expense for the three months ended in Dec. 2023 was R$193 Mil. Rede Energia Participacoes's Pre-Tax Income for the three months ended in Dec. 2023 was R$918 Mil. Therefore, Rede Energia Participacoes's Tax Rate % for the quarter that ended in Dec. 2023 was 21.07%.

Rede Energia Participacoes Tax Rate % Historical Data

The historical data trend for Rede Energia Participacoes'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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Rede Energia Participacoes Tax Rate % Chart

Rede Energia Participacoes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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21.12

23.59

22.88

19.45

21.89

Rede Energia Participacoes 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															12.80	23.66	21.71	21.78	21.07

Rede Energia Participacoes Tax Rate % Calculation

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

Rede Energia Participacoes'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 )
	=	643.934	/	2941.15
	=	21.89 %

Rede Energia Participacoes'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 )
	=	193.425	/	917.984
	=	21.07 %

Rede Energia Participacoes Tax Rate % Related Terms

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Rede Energia Participacoes (BSP:REDE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Rede Energia Participacoes SA (BSP:REDE3) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

Praca Rui Barbosa, 80, Cataguases, MG, BRA, 36770-901

Website

https://www.energisa.com.br

Rede Energia SA along with its subsidiaries generates, distributes and markets electrical energy as well as provides services related to electricity sector. It provides its services to residential, commercial, industrial, rural and public customers.

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