Al Madina for finance and Investment Co (DFM:ALMADINA) Tax Rate % : 4.64% (As of Jun. 2021)

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What is Al Madina for finance and Investment Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Al Madina for finance and Investment Co's Tax Expense for the three months ended in Jun. 2021 was د.إ-0.05 Mil. Al Madina for finance and Investment Co's Pre-Tax Income for the three months ended in Jun. 2021 was د.إ-1.04 Mil. Therefore, Al Madina for finance and Investment Co's Tax Rate % for the quarter that ended in Jun. 2021 was 4.64%.

Al Madina for finance and Investment Co Tax Rate % Historical Data

The historical data trend for Al Madina for finance and Investment Co'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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Al Madina for finance and Investment Co Tax Rate % Chart

Al Madina for finance and Investment Co Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Tax Rate %

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4.16

3.58

Al Madina for finance and Investment Co Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Tax Rate %	Get a 7-Day Free Trial															-	-	-	4.33	4.64

Al Madina for finance and Investment Co Tax Rate % Calculation

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

Al Madina for finance and Investment Co's Tax Rate % for the fiscal year that ended in Dec. 2020 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2020 )	/	Pre-Tax Income (A: Dec. 2020 )
	=	1.565	/	43.681
	=	3.58 %

Al Madina for finance and Investment Co's Tax Rate % for the quarter that ended in Jun. 2021 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2021 )	/	Pre-Tax Income (Q: Jun. 2021 )
	=	-0.048	/	-1.035
	=	4.64 %

Al Madina for finance and Investment Co Tax Rate % Related Terms

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Al Madina for finance and Investment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Al Madina for finance and Investment Co (DFM:ALMADINA) » Definitions » Tax Rate %

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Address

Al Merqab, Al Sour Street, Jassim Al Asfour Tower, P.O. Box 2799, Safat, Kuwait City, KWT, 13028

Website

http://www.almadinainvest.com

Al Madina for finance and Investment Co. is an investment company. Its activities revolve around direct investments, fund management, portfolio management, and financial services with a key focus in the Middle East and North Africa region. The company has two segments that drive the operations - Real Estate segment which develops and sells land and properties, and Investment segment is engaged in direct investment and portfolio management and investment funds for third parties.

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