Emerald Oil Industries (DHA:EMERALDOIL) Tax Rate %: -22.91% (As of Dec. 2023)

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DHA:EMERALDOIL Emerald Oil Industries Ltd DHA:EMERALDOIL
30 GF Score
Price BDT27.10
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What is Emerald Oil Industries Tax Rate %?

Emerald Oil Industries DHA:EMERALDOIL 30 Tax Rate % is -22.91% as of Dec. 2023. GuruFocus rates DHA:EMERALDOIL with a GF Score™ of 30/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Emerald Oil Industries's Tax Expense for the three months ended in Dec. 2023 was BDT-3 Mil. Emerald Oil Industries's Pre-Tax Income for the three months ended in Dec. 2023 was BDT15 Mil. Therefore, Emerald Oil Industries's Tax Rate % for the quarter that ended in Dec. 2023 was -22.91%.

Emerald Oil Industries Tax Rate % Related Terms

Emerald Oil Industries Tax Rate % Historical Data

* Premium members only.

The historical data trend for Emerald Oil Industries'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.

Emerald Oil Industries Tax Rate % Chart

Emerald Oil Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.19 -4.65 17.02 22.84 9.61

Emerald Oil Industries Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Jun18 Jun19 Jun20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.29 -1.18 17.61 4.62 -22.91
DHA:EMERALDOIL
30GF Score
Emerald Oil Industries Ltd DHA:EMERALDOIL
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Emerald Oil Industries Tax Rate % Calculation

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

Emerald Oil Industries's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2023 )/Pre-Tax Income (A: Jun. 2023 )
=7.02/73.039
=9.61 %

Emerald Oil Industries's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=-3.429/14.966
=-22.91 %

* 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 -22.91% mean?
Emerald Oil Industries (DHA:EMERALDOIL) has a Tax Rate % of -22.91% as of Dec. 2023.
Is Emerald Oil Industries' Tax Rate % too high?
Emerald Oil Industries' current Tax Rate % is -22.91%. Overall, Emerald Oil Industries has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Emerald Oil Industries' Tax Rate % compare to KHC and GIS?
Emerald Oil Industries' Tax Rate % of -22.91% can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Tax Rate % depends on the Consumer Packaged Goods 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. Emerald Oil Industries's current Tax Rate % is -22.91%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Oil Industries stock overvalued right now?
Emerald Oil Industries (DHA:EMERALDOIL) has a current Tax Rate % of -22.91%. The current Tax Rate % is -22.91%. Emerald Oil Industries' overall GF Score™ is 30/100. 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 Emerald Oil Industries (DHA:EMERALDOIL), the current Tax Rate % is -22.91% as of Dec. 2023. 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.

Emerald Oil Industries Business Description

Address Halimunnesa's Court (Floor-9), 23, Kakrail, Dhaka, BGD, 1000
Emerald Oil Industries Ltd engages in producing of rice bran oil by processing rice bran collected from local auto rice mills. The company markets its product in its own brand name Spondon Rice Bran Oil. The company offers rice bran oil for use in preparing fried foods, snacks, margarine, salad dressings, baking goods, soaps, and skin creams. The firm also produces various by-products, including De-Oil Rice Bran, Fatty Acid, Wax, Gum and Spent Earth.
30GF Score

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

BDT27.10
Price