Globetronics Technology Bhd (Globetronics Technology Bhd) Tax Rate % : 26.87% (As of Mar. 2024)

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What is Globetronics Technology Bhd Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Globetronics Technology Bhd's Tax Expense for the three months ended in Mar. 2024 was $0.45 Mil. Globetronics Technology Bhd's Pre-Tax Income for the three months ended in Mar. 2024 was $1.66 Mil. Therefore, Globetronics Technology Bhd's Tax Rate % for the quarter that ended in Mar. 2024 was 26.87%.

Globetronics Technology Bhd Tax Rate % Historical Data

The historical data trend for Globetronics Technology Bhd'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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Globetronics Technology Bhd Tax Rate % Chart

Globetronics Technology Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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2.87

2.29

4.55

11.33

22.08

Globetronics Technology Bhd 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															36.81	20.66	15.70	23.03	26.87

Globetronics Technology Bhd Tax Rate % Calculation

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

Globetronics Technology Bhd'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 )
	=	1.607	/	7.278
	=	22.08 %

Globetronics Technology Bhd'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 )
	=	0.446	/	1.66
	=	26.87 %

Globetronics Technology Bhd Tax Rate % Related Terms

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Globetronics Technology Bhd (Globetronics Technology Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Globetronics Technology Bhd (OTCPK:GBTKF) » Definitions » Tax Rate %

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Traded in Other Exchanges

7022:Malaysia

Address

Plot 2, Phase 4, Free Industrial Zone, Bayan Lepas, PNG, MYS, 11900

Website

http://www.globetronics.com.my

Globetronics Technology Bhd develops and manufactures integrated circuits, light-emitting diode components, encoders and sensors, quartz crystal products, timing devices, and related products. Sensors are the leading revenue contributor for the company. Globetronics builds its sensors and encoders for a variety of automation and industrial applications. Sales volume is also significantly dependent on revenue generated from quartz crystal and timing devices. These devices are used in a multitude of electronic products, such as mobile devices, GPS, and PCs. Sales are primarily in Malaysia, Singapore and United States markets.

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