Al-Hamraa Insurance (IQS:NHAM) Tax Rate %: 0.00% (As of . 20)

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What is Al-Hamraa Insurance Tax Rate %?

Al-Hamraa Insurance IQS:NHAM -10.00% Tax Rate % is 0.00% as of . 20.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Al-Hamraa Insurance's Tax Expense for the three months ended in . 20 was ع.د0.00 Mil. Al-Hamraa Insurance's Pre-Tax Income for the three months ended in . 20 was ع.د0.00 Mil. Therefore, Al-Hamraa Insurance's Tax Rate % for the quarter that ended in . 20 was 0.00%.

Al-Hamraa Insurance Tax Rate % Related Terms

Al-Hamraa Insurance Tax Rate % Historical Data

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The historical data trend for Al-Hamraa Insurance'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.

Al-Hamraa Insurance Tax Rate % Chart

Al-Hamraa Insurance Annual Data
Trend
Tax Rate %

Al-Hamraa Insurance Quarterly Data
Tax Rate %

Al-Hamraa Insurance Tax Rate % Calculation

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

Al-Hamraa Insurance's Tax Rate % for the fiscal year that ended in . 20 is calculated as

Tax Rate %=Tax Expense (A: . 20 )/Pre-Tax Income (A: . 20 )
=/
= %

Al-Hamraa Insurance's Tax Rate % for the quarter that ended in . 20 is calculated as

Tax Rate %=Tax Expense (Q: . 20 )/Pre-Tax Income (Q: . 20 )
=/
= %

* 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 0.00% mean?
Al-Hamraa Insurance (IQS:NHAM) has a Tax Rate % of 0.00% as of . 20.
Is Al-Hamraa Insurance's Tax Rate % too high?
Al-Hamraa Insurance's current Tax Rate % is 0.00%.
How does Al-Hamraa Insurance's Tax Rate % compare to competitors?
Al-Hamraa Insurance's Tax Rate % of 0.00% can be compared against companies in the Insurance 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 an Insurance company?
A good Tax Rate % depends on the Insurance 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. Al-Hamraa Insurance's current Tax Rate % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al-Hamraa Insurance stock overvalued right now?
Al-Hamraa Insurance (IQS:NHAM) has a current Tax Rate % of 0.00%. The current Tax Rate % is 0.00%. 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 Al-Hamraa Insurance (IQS:NHAM), the current Tax Rate % is 0.00% as of . 20. 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.

Al-Hamraa Insurance Business Description

Address Street 23, Building 27, P.O. Box 10491, Arrest Al-Hindia, District 929, Karrada, Baghdad, IRQ
Al-Hamraa Insurance is engaged in the underwriting of all general insurance classes and life insurance products. Its client base includes organizations and individuals living and working in Iraq. It offers life and annuities insurance, health/medical insurance, car/vehicle insurance, aviation insurance, financial reinsurance, guaranteed asset protection insurance, group insurance, marine insurance/shipping insurance, travel insurance, liability insurance/professional liability insurance, and property and casualty insurance.