Izmir Demir Celiknayi AS (IST:IZMDC) Tax Rate % : -243.61% (As of Mar. 2024)

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What is Izmir Demir Celiknayi AS Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Izmir Demir Celiknayi AS's Tax Expense for the three months ended in Mar. 2024 was ₺809 Mil. Izmir Demir Celiknayi AS's Pre-Tax Income for the three months ended in Mar. 2024 was ₺-332 Mil. Therefore, Izmir Demir Celiknayi AS's Tax Rate % for the quarter that ended in Mar. 2024 was -243.61%.

Izmir Demir Celiknayi AS Tax Rate % Historical Data

The historical data trend for Izmir Demir Celiknayi AS'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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Izmir Demir Celiknayi AS Tax Rate % Chart

Izmir Demir Celiknayi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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12.86

9.30

8.75

-8.30

-109.12

Izmir Demir Celiknayi AS 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															31.84	10.33	-332.16	-24.11	-243.61

Izmir Demir Celiknayi AS Tax Rate % Calculation

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

Izmir Demir Celiknayi AS'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 )
	=	-735.256	/	673.801
	=	-109.12 %

Izmir Demir Celiknayi AS'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 )
	=	808.859	/	-332.028
	=	-243.61 %

Izmir Demir Celiknayi AS Tax Rate % Related Terms

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Izmir Demir Celiknayi AS (IST:IZMDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Izmir Demir Celik Sanayi AS (IST:IZMDC) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

?air E?ref Bulvar? No. 23, Çankaya, Izmir, TUR, 35210

Website

http://www.izdemir.com.tr

Izmir Demir Celik Sanayi AS is a steel producer based in Turkey. The company produces steel products which include iron blocks, iron rods, and iron beams for various application and sells it to the Turkish and international markets. The production is carried out at the Foca plant in Aliaga. The firm also engages in making investments in power plant and maritime business, owning three ships totally through its subsidiaries.

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