DESLF (Descente) Tax Rate %: 37.04% (As of Sep. 2024)

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DESLF Descente Ltd DESLF
12 GF Score
Price $358,757,751.30
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What is Descente Tax Rate %?

Descente DESLF 12 Tax Rate % is 37.04% as of Sep. 2024. GuruFocus rates DESLF with a GF Score™ of 12/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Descente's Tax Expense for the three months ended in Sep. 2024 was $13.8 Mil. Descente's Pre-Tax Income for the three months ended in Sep. 2024 was $37.3 Mil. Therefore, Descente's Tax Rate % for the quarter that ended in Sep. 2024 was 37.04%.

Descente Tax Rate % Related Terms

Descente Tax Rate % Historical Data

* Premium members only.

The historical data trend for Descente'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.

Descente Tax Rate % Chart

Descente Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -109.46 9.43 33.02 20.92 22.29

Descente Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 27.00 27.78 9.62 20.69 37.04
DESLF
12GF Score
Descente Ltd DESLF
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Descente Tax Rate % Calculation

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

Descente's Tax Rate % for the fiscal year that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2024 )/Pre-Tax Income (A: Mar. 2024 )
=22.821/102.364
=22.29 %

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

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=13.802/37.264
=37.04 %

* 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 37.04% mean?
Descente (DESLF) has a Tax Rate % of 37.04% as of Sep. 2024.
Is Descente's Tax Rate % too high?
Descente's current Tax Rate % is 37.04%. Overall, Descente has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Descente's Tax Rate % compare to RL and VFC?
Descente's Tax Rate % of 37.04% can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Tax Rate % depends on the Manufacturing - Apparel & Accessories 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. Descente's current Tax Rate % is 37.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Descente stock overvalued right now?
Descente (DESLF) has a current Tax Rate % of 37.04%. The current Tax Rate % is 37.04%. Descente's overall GF Score™ is 12/100. 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 Descente (DESLF), the current Tax Rate % is 37.04% as of Sep. 2024. 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.

Descente Business Description

Address 1-4-8 Mejiro, Toshima-ku, Tokyo, JPN, 171-8580
Descente Ltd is a Japanese based company engages in the manufacture and sale of sportswear, sporting goods, and related articles. The company markets its products under brands such as Descente, Le coq Sportif, Umbro, Arena, Musingwear, Skins, Marmot, Lanvin sport, Srixon, Avia, Ryka, Shiseist, Cutter and Buck, Inov-8 and other.
12GF Score

Get the complete analysis for DESLF

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$358,757,751.30
Price