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Dave (DAVEW) Tax Rate % : 8.55% (As of Mar. 2024)


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What is Dave Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Dave's Tax Expense for the three months ended in Mar. 2024 was $3.20 Mil. Dave's Pre-Tax Income for the three months ended in Mar. 2024 was $37.45 Mil. Therefore, Dave's Tax Rate % for the quarter that ended in Mar. 2024 was 8.55%.

Dave Tax Rate % Historical Data

The historical data trend for Dave'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.

* Premium members only.

Dave Tax Rate % Chart

Dave Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
40.92 -2.13 -0.49 0.05 -0.25

Dave Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.06 -0.03 -0.07 34.91 8.55

Dave Tax Rate % Calculation

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

Dave'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 )
=0.12/-48.397
=-0.25 %

Dave's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=3.203/37.446
=8.55 %

* 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.

Dave Tax Rate % Related Terms

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Dave (DAVEW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Dave Inc (NAS:DAVEW) » Definitions » Tax Rate %
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Traded in Other Exchanges
DAVE:USA
Address
1265 South Cochran Ave, Los Angeles, CA, USA, 90019
Website
https://www.dave.com
Dave Inc is engaged in offering banking app that offers its customers banking, financial insights, overdraft protection, building credit, and finding side gigs.