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Nippon Gas Co (FRA:NG0) Tax Rate % : 25.99% (As of Mar. 2024)


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What is Nippon Gas Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Nippon Gas Co's Tax Expense for the three months ended in Mar. 2024 was €9 Mil. Nippon Gas Co's Pre-Tax Income for the three months ended in Mar. 2024 was €34 Mil. Therefore, Nippon Gas Co's Tax Rate % for the quarter that ended in Mar. 2024 was 25.99%.

Nippon Gas Co Tax Rate % Historical Data

The historical data trend for Nippon Gas 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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Nippon Gas Co Tax Rate % Chart

Nippon Gas Co 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 23.74 29.31 31.02 30.22 28.52

Nippon Gas Co 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 29.79 29.68 31.12 30.05 25.99

Nippon Gas Co Tax Rate % Calculation

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

Nippon Gas Co'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 )
=26.522/92.996
=28.52 %

Nippon Gas Co'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 )
=8.935/34.382
=25.99 %

* 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.

Nippon Gas Co Tax Rate % Related Terms

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Nippon Gas Co (FRA:NG0) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Nippon Gas Co Ltd (FRA:NG0) » Definitions » Tax Rate %
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Traded in Other Exchanges
8174:Japan
Address
10, No. 7, No. 2-chome, Tokyo, JPN, 104-8540
Website
http://www.nichigas.co.jp
Nippon Gas Co Ltd, or Nichigas, is a Japanese supplier of gas primarily in the Kanto region of Japan. The company segments its operations into LP Gas, City Gas, Electricity, and Life Products Businesses. LP Gas and City Gas are Nichigas' core segments, which engage in the distribution and sale of liquefied petroleum gas, or LPG, and city gas for consumer usage. The company's total revenue is split between sales of LPG and city gas, with LPG generating slightly more. Roughly half of Nichigas' customers are residential consumers in terms of sales volume, while the other half are commercial entities. With its subsidiaries, the company is also involved in the distribution and sale of liquefied natural gas, high-pressure gas, and gas appliances.

Nippon Gas Co (FRA:NG0) Headlines

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