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Ares Commercial Real Estate (FRA:41I) Tax Rate % : -0.02% (As of Mar. 2024)


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What is Ares Commercial Real Estate Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ares Commercial Real Estate's Tax Expense for the three months ended in Mar. 2024 was €0.00 Mil. Ares Commercial Real Estate's Pre-Tax Income for the three months ended in Mar. 2024 was €-11.34 Mil. Therefore, Ares Commercial Real Estate's Tax Rate % for the quarter that ended in Mar. 2024 was -0.02%.

Ares Commercial Real Estate Tax Rate % Historical Data

The historical data trend for Ares Commercial Real Estate'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.

Ares Commercial Real Estate Tax Rate % Chart

Ares Commercial Real Estate Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.37 1.58 1.18 1.56 0.10

Ares Commercial Real Estate Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.74 2.03 -0.17 0.22 -0.02

Ares Commercial Real Estate Tax Rate % Calculation

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

Ares Commercial Real Estate'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 )
=-0.036/-35.677
=0.10 %

Ares Commercial Real Estate'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 )
=0.002/-11.335
=-0.02 %

* 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.

Ares Commercial Real Estate Tax Rate % Related Terms

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Ares Commercial Real Estate (FRA:41I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ares Commercial Real Estate Corp (FRA:41I) » Definitions » Tax Rate %
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Traded in Other Exchanges
ACRE:USA 41I:Germany
Address
245 Park Avenue, 42nd Floor, New York, NY, USA, 10167
Website
https://www.arescre.com
Ares Commercial Real Estate Corp is a specialty finance company and a Real Estate Investment Trust providing commercial real estate loans and related investments. The company operates in one segment namely originating and managing a diversified portfolio of CRE debt-related investments. The group recognizes its revenues through the interest income it receives from loans.

Ares Commercial Real Estate (FRA:41I) Headlines

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