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Metal & Recycling Co (KUW:MRC) Tax Rate % : 6.86% (As of Sep. 2024)


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What is Metal & Recycling Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Metal & Recycling Co's Tax Expense for the three months ended in Sep. 2024 was KWD0.01 Mil. Metal & Recycling Co's Pre-Tax Income for the three months ended in Sep. 2024 was KWD0.10 Mil. Therefore, Metal & Recycling Co's Tax Rate % for the quarter that ended in Sep. 2024 was 6.86%.

Metal & Recycling Co Tax Rate % Historical Data

The historical data trend for Metal & Recycling Co'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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Metal & Recycling Co Tax Rate % Chart

Metal & Recycling Co Annual Data
Trend Dec12 Dec13 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.03 1.94

Metal & Recycling Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.34 1.48 5.10 7.22 6.86

Metal & Recycling Co Tax Rate % Calculation

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

Metal & Recycling Co'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 )
=0.015/0.774
=1.94 %

Metal & Recycling Co'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 )
=0.007/0.102
=6.86 %

* 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.

Metal & Recycling Co Tax Rate % Related Terms

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Metal & Recycling Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Metal & Recycling Co (KUW:MRC) » Definitions » Tax Rate %
Comparable Companies
KUW:CLEANING WM RSG WCN XPAR:VIE GFL CLH XMAD:FCC CWST SHSE:603568 SZSE:002340 SRCL ASX:CWY SZSE:300070 OSL:TOM HKSE:00257 SZSE:000035 SHSE:601827 SHSE:603588 TSX:SES
Traded in Other Exchanges
N/A
Address
Mina Abdullah region, Location No. 4, P.O Box - 4520, Safat, Kuwait City, KWT, 13046
Website
http://www.mrckw.com
Metal & Recycling Co is a Kuwait based eco-industrial company. It principally offers sustainable waste management, recycling and industrial solutions to government, oil and gas, petrochemicals, manufacturing and commercial clients.