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Mega Metalnayi ve Ticaret AS (IST:MEGMT) Tax Rate % : -671.00% (As of Sep. 2024)


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What is Mega Metalnayi ve Ticaret AS Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Mega Metalnayi ve Ticaret AS's Tax Expense for the three months ended in Sep. 2024 was ₺-51 Mil. Mega Metalnayi ve Ticaret AS's Pre-Tax Income for the three months ended in Sep. 2024 was ₺8 Mil. Therefore, Mega Metalnayi ve Ticaret AS's Tax Rate % for the quarter that ended in Sep. 2024 was -671.00%.


Mega Metalnayi ve Ticaret AS Tax Rate % Historical Data

The historical data trend for Mega Metalnayi ve Ticaret 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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Mega Metalnayi ve Ticaret AS Tax Rate % Chart

Mega Metalnayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tax Rate %
19.69 91.45 44.40 -18.44

Mega Metalnayi ve Ticaret AS Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.63 -431.24 27.03 -160.58 -671.00

Mega Metalnayi ve Ticaret AS Tax Rate % Calculation

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

Mega Metalnayi ve Ticaret 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 )
=-46.719/253.403
=-18.44 %

Mega Metalnayi ve Ticaret AS's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=-50.513/7.528
=-671.00 %

* 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.


Mega Metalnayi ve Ticaret AS Tax Rate % Related Terms

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Mega Metalnayi ve Ticaret AS Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Kayseri OSB District 12, Cadde No: 61, Kayseri, TUR
Mega Metal Sanayi ve Ticaret AS is a company produces electrolytic copper wire with conductive properties for low current in its production facilities located in Kayseri OSB with an annual melting capacity of forty eight thousand tons. The copper wire that makes up the products produced by Mega Metal is in the form of oxygen-free electrolytic copper wire with low current sectors. The products produced by the company are produced as bare or tin alloyed. The product range is generally bare or tinned which consists of Mono Wire, Multi-Wire Products, Stranded Wires and Coil Wires. The products it produces are used in various sectors such as electrical, electronics, communications, energy, defense and automotive industries.

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