TI Fluid Systems (LSE:TIFS) Tax Rate % : 19.13% (As of Dec. 2023)

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What is TI Fluid Systems Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. TI Fluid Systems's Tax Expense for the six months ended in Dec. 2023 was £10 Mil. TI Fluid Systems's Pre-Tax Income for the six months ended in Dec. 2023 was £54 Mil. Therefore, TI Fluid Systems's Tax Rate % for the quarter that ended in Dec. 2023 was 19.13%.

TI Fluid Systems Tax Rate % Historical Data

The historical data trend for TI Fluid Systems'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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TI Fluid Systems Tax Rate % Chart

TI Fluid Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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28.31

0.63

70.42

-1.20

30.97

TI Fluid Systems Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial											76.88	97.48	5.41	43.46	19.13

TI Fluid Systems Tax Rate % Calculation

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

TI Fluid Systems'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 )
	=	32.306	/	104.328
	=	30.97 %

TI Fluid Systems'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 )
	=	10.252	/	53.586
	=	19.13 %

TI Fluid Systems Tax Rate % Related Terms

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TI Fluid Systems (LSE:TIFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » TI Fluid Systems PLC (LSE:TIFS) » Definitions » Tax Rate %

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TIFSl:UK TI1:Germany

Address

4650 Kingsgate, Cascade Way, Oxford Business Park South, Oxford, Oxfordshire, GBR, OX4 2SU

Website

https://www.tifluidsystems.com

TI Fluid Systems PLC is engaged in providing automotive fluid storage, carrying, and delivery systems for the light-duty automotive market. The operating segments of the company are fluid-carrying systems and fuel tank & delivery systems. The fluid-carrying systems include brake and fuel lines and bundles, tank top lines, vacuum booster lines, quick connectors, air conditioning tubes, and hose assemblies, accumulators and receiver dryers, and thermal products and powertrain components. The fuel tank and delivery systems include fuel tanks, fuel pumps, level sensors, and additive dosing systems. Its geographical segments are Europe & Africa, Asia Pacific, North America, and Latin America.

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