Advanced Technology Co KSCC (KUW:ATC) Tax Rate % : -19.83% (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Advanced Technology Co KSCC Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Advanced Technology Co KSCC's Tax Expense for the three months ended in Dec. 2023 was KWD-0.1 Mil. Advanced Technology Co KSCC's Pre-Tax Income for the three months ended in Dec. 2023 was KWD0.6 Mil. Therefore, Advanced Technology Co KSCC's Tax Rate % for the quarter that ended in Dec. 2023 was -19.83%.

Advanced Technology Co KSCC Tax Rate % Historical Data

The historical data trend for Advanced Technology Co KSCC'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.

* Premium members only.

Advanced Technology Co KSCC Tax Rate % Chart

Advanced Technology Co KSCC Annual Data

Trend

Dec11

Dec12

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

10.95

10.42

11.47

6.79

3.51

Advanced Technology Co KSCC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															8.34	2.34	-2.49	-5.04	-19.83

Advanced Technology Co KSCC Tax Rate % Calculation

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

Advanced Technology Co KSCC'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 )
	=	0.136	/	3.877
	=	3.51 %

Advanced Technology Co KSCC's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	-0.12	/	0.605
	=	-19.83 %

Advanced Technology Co KSCC Tax Rate % Related Terms

Thank you for viewing the detailed overview of Advanced Technology Co KSCC's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Advanced Technology Co KSCC (KUW:ATC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Advanced Technology Co KSCC (KUW:ATC) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Salem Al Mubarak Street, ATC Tower, P.O.Box: 44558, Street 1 Opposite Layla Tower, Block 4, Salmiya, Hawali, Kuwait, KWT, 32060

Website

https://www.atc.com.kw

Advanced Technology Co KSCC is a medical equipment supplier to the Kuwait healthcare sector. Some of the services provided by the company are - Diagnostic imaging, Laboratory environmental management and Automation, Medical & surgical O.R solutions, Healthcare manpower services, and more. The firm operates in one business segment namely trading, installation, and maintenance of medical and healthcare-related products. It also engages in constructing, managing, and possessing hospitals, medical centers, clinics, and specialized labs. In addition, the firm offers a pharmacy license, and home care services.