Portman Ridge Finance (FRA:KJ7A) Tax Rate % : -11.39% (As of Mar. 2024)

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What is Portman Ridge Finance Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Portman Ridge Finance's Tax Expense for the three months ended in Mar. 2024 was €-0.42 Mil. Portman Ridge Finance's Pre-Tax Income for the three months ended in Mar. 2024 was €3.71 Mil. Therefore, Portman Ridge Finance's Tax Rate % for the quarter that ended in Mar. 2024 was -11.39%.

Portman Ridge Finance Tax Rate % Historical Data

The historical data trend for Portman Ridge Finance'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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Portman Ridge Finance Tax Rate % Chart

Portman Ridge Finance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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5.25

-3.89

-3.78

Portman Ridge Finance 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															110.58	-5.55	-3.67	3.55	-11.39

Portman Ridge Finance Tax Rate % Calculation

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

Portman Ridge Finance'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 )
	=	-0.38	/	10.057
	=	-3.78 %

Portman Ridge Finance'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 )
	=	-0.422	/	3.705
	=	-11.39 %

Portman Ridge Finance Tax Rate % Related Terms

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Portman Ridge Finance (FRA:KJ7A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Portman Ridge Finance Corp (FRA:KJ7A) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

PTMN:USA

Address

650 Madison Avenue, 23rd Floor, New York, NY, USA, 10022

Website

https://www.portmanridge.com

Portman Ridge Finance Corp Inc is a non-diversified closed-end investment company. The primary investment objective of the firm is to generate current income and capital appreciation by lending directly to privately-held middle-market companies. It invests in senior secured term loans and mezzanine debt primarily in privately-held middle market companies, asset management companies, and debt and subordinated securities.

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