Merit Turizm Yatirim ve Isletme AS (IST:MERIT) Tax Rate % : 171.85% (As of Dec. 2024)

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What is Merit Turizm Yatirim ve Isletme AS Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Merit Turizm Yatirim ve Isletme AS's Tax Expense for the three months ended in Dec. 2024 was ₺-252.4 Mil. Merit Turizm Yatirim ve Isletme AS's Pre-Tax Income for the three months ended in Dec. 2024 was ₺-146.9 Mil. Therefore, Merit Turizm Yatirim ve Isletme AS's Tax Rate % for the quarter that ended in Dec. 2024 was 171.85%.

Merit Turizm Yatirim ve Isletme AS Tax Rate % Historical Data

The historical data trend for Merit Turizm Yatirim ve Isletme 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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Merit Turizm Yatirim ve Isletme AS Tax Rate % Chart

Merit Turizm Yatirim ve Isletme AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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22.81

25.39

62.02

-80.38

-289.47

Merit Turizm Yatirim ve Isletme AS Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															-246.63	10.10	2.47	-74.39	171.85

Merit Turizm Yatirim ve Isletme AS Tax Rate % Calculation

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

Merit Turizm Yatirim ve Isletme AS's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	-265.686	/	91.783
	=	-289.47 %

Merit Turizm Yatirim ve Isletme AS's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	-252.391	/	-146.864
	=	171.85 %

Merit Turizm Yatirim ve Isletme AS Tax Rate % Related Terms

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Merit Turizm Yatirim ve Isletme AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Merit Turizm Yatirim ve Isletme AS (IST:MERIT) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Etiler, Street No. 9, Besiktas, Istanbul, TUR, 34337

Website

http://www.meritturizm.com

Merit Turizm Yatirim ve Isletme AS is a hotel management company. It owns and operates the Merit Royal hotel and casino, Merit Crystal Cove hotel and casino, The Merit Park hotel and Casino, The Merit Lefkosa andThe Merit Cyprus Gardens.

Merit Turizm Yatirim ve Isletme AS Headlines

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