Echo Energy (LSE:ECHO) Tax Rate % : 0.00% (As of Jun. 2023)

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What is Echo Energy Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Echo Energy's Tax Expense for the six months ended in Jun. 2023 was £0.00 Mil. Echo Energy's Pre-Tax Income for the six months ended in Jun. 2023 was £-0.60 Mil. Therefore, Echo Energy's Tax Rate % for the quarter that ended in Jun. 2023 was 0.00%.

Echo Energy Tax Rate % Historical Data

The historical data trend for Echo Energy'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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Echo Energy Tax Rate % Chart

Echo Energy Annual Data

Trend

Sep12

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tax Rate %

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-1.58

Echo Energy Semi-Annual Data
	Mar13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Tax Rate %	Get a 7-Day Free Trial															-	-	-	-	-

Echo Energy Tax Rate % Calculation

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

Echo Energy's Tax Rate % for the fiscal year that ended in Dec. 2022 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2022 )	/	Pre-Tax Income (A: Dec. 2022 )
	=	0.056	/	-3.542
	=	-1.58 %

Echo Energy's Tax Rate % for the quarter that ended in Jun. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Jun. 2023 )	/	Pre-Tax Income (Q: Jun. 2023 )
	=	0	/	-0.602
	=	0.00 %

Echo Energy Tax Rate % Related Terms

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Echo Energy (LSE:ECHO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Echo Energy PLC (LSE:ECHO) » Definitions » Tax Rate %

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Address

85 Great Portland Street, First Floor, London, GBR, W1W 7LT

Website

https://www.echoenergyplc.com

Echo Energy PLC is the holding company for a group of companies engaged in the exploration, appraisal, and development of oil and natural gas producing assets. It focuses on the development of assets in the Central and Southern American geographies.