Wafa Assurance (CAS:WAA) Tax Rate % : 4.82% (As of Jun. 2023)

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What is Wafa Assurance Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Wafa Assurance's Tax Expense for the six months ended in Jun. 2023 was MAD29 Mil. Wafa Assurance's Pre-Tax Income for the six months ended in Jun. 2023 was MAD606 Mil. Therefore, Wafa Assurance's Tax Rate % for the quarter that ended in Jun. 2023 was 4.82%.

Wafa Assurance Tax Rate % Historical Data

The historical data trend for Wafa Assurance'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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Wafa Assurance Tax Rate % Chart

Wafa Assurance Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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11.71

15.25

30.81

5.78

24.35

Wafa Assurance Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Tax Rate %	Get a 7-Day Free Trial															6.88	-1.61	10.94	43.83	4.82

Wafa Assurance Tax Rate % Calculation

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

Wafa Assurance's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	265.989	/	1092.184
	=	24.35 %

Wafa Assurance's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2023 )	/	Pre-Tax Income (Q: Jun. 2023 )
	=	29.216	/	605.622
	=	4.82 %

Wafa Assurance Tax Rate % Related Terms

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Wafa Assurance (CAS:WAA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Wafa Assurance SA (CAS:WAA) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

1 bd Abdelmoumen, Casablanca, MAR, 20100

Website

http://www.wafaassurance.ma

Wafa Assurance SA is a Morocco-based company engaged in the provision of the insurance services. The company offers fire and explosion insurance, theft, and sabotage insurance, water damage insurance, machine breakage insurance, and information and electronic equipment insurance. In addition, it also provides insurance to multiple risks, health, professionals, general accidents, property damage and many more.

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