Banco Occidental de Descuento BOD (CAR:BOU) Tax Rate %: -0.15% (As of Mar. 2022)

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What is Banco Occidental de Descuento BOD Tax Rate %?

Banco Occidental de Descuento BOD CAR:BOU Tax Rate % is -0.15% as of Mar. 2022.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Banco Occidental de Descuento BOD's Tax Expense for the three months ended in Mar. 2022 was VES0 Mil. Banco Occidental de Descuento BOD's Pre-Tax Income for the three months ended in Mar. 2022 was VES-15 Mil. Therefore, Banco Occidental de Descuento BOD's Tax Rate % for the quarter that ended in Mar. 2022 was -0.15%.

Banco Occidental de Descuento BOD Tax Rate % Related Terms

Banco Occidental de Descuento BOD Tax Rate % Historical Data

* Premium members only.

The historical data trend for Banco Occidental de Descuento BOD'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.

Banco Occidental de Descuento BOD Tax Rate % Chart

Banco Occidental de Descuento BOD Annual Data
Trend Dec21
Tax Rate %
26.05

Banco Occidental de Descuento BOD Quarterly Data
Jun19 Jun21 Sep21 Dec21 Mar22
Tax Rate % 0.00 0.00 66.67 21.14 -0.15

Banco Occidental de Descuento BOD Tax Rate % Calculation

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

Banco Occidental de Descuento BOD's Tax Rate % for the fiscal year that ended in Dec. 2021 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2021 )/Pre-Tax Income (A: Dec. 2021 )
=0.198/0.76
=26.05 %

Banco Occidental de Descuento BOD's Tax Rate % for the quarter that ended in Mar. 2022 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2022 )/Pre-Tax Income (Q: Mar. 2022 )
=0.022/-15.049
=-0.15 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of -0.15% mean?
Banco Occidental de Descuento BOD (CAR:BOU) has a Tax Rate % of -0.15% as of Mar. 2022.
Is Banco Occidental de Descuento BOD's Tax Rate % too high?
Banco Occidental de Descuento BOD's current Tax Rate % is -0.15%.
How does Banco Occidental de Descuento BOD's Tax Rate % compare to BLX?
Banco Occidental de Descuento BOD's Tax Rate % of -0.15% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Banks company?
A good Tax Rate % depends on the Banks industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Banco Occidental de Descuento BOD's current Tax Rate % is -0.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Occidental de Descuento BOD stock overvalued right now?
Banco Occidental de Descuento BOD (CAR:BOU) has a current Tax Rate % of -0.15%. The current Tax Rate % is -0.15%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Banco Occidental de Descuento BOD (CAR:BOU), the current Tax Rate % is -0.15% as of Mar. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Banco Occidental de Descuento BOD Business Description

Address Avenida 5 de Julio, Avenue corner 17, Maracaibo, VEN
Banco Occidental de Descuento BOD is a commercial bank. The Company operates in five banking units: Commercial, Co-Operative, Petroleum, Agricultural, and Private Banking.