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Coface (LTS:0QVK) Tax Rate % : 26.78% (As of Jun. 2024)


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What is Coface Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Coface's Tax Expense for the three months ended in Jun. 2024 was €27 Mil. Coface's Pre-Tax Income for the three months ended in Jun. 2024 was €101 Mil. Therefore, Coface's Tax Rate % for the quarter that ended in Jun. 2024 was 26.78%.

Coface Tax Rate % Historical Data

The historical data trend for Coface'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.

Coface Tax Rate % Chart

Coface Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.42 36.00 23.17 26.53 26.79

Coface Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 21.93 24.23 35.98 27.24 26.78

Coface Tax Rate % Calculation

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

Coface'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 )
=88.033/328.657
=26.79 %

Coface's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=26.98/100.742
=26.78 %

* 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.

Coface Tax Rate % Related Terms

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

Coface Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Coface SA (LTS:0QVK) » Definitions » Tax Rate %
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Traded in Other Exchanges
COFAF:USA CFACY:USA COFAp:UK COFA:France 65C:Germany 65C:Germany
Address
1, place Costes et Bellonte, CS 20003, Bois-Colombes, FRA, 92270
Website
https://www.coface.com
Coface SA is a property and casualty insurance company. The vast majority of its revenue is generated by its group reinsurance business. Most of the company's sales are generated in Europe. The company offers credit insurance products to protect companies against potentially uncollected payments from their customers. Coface's plan focuses on risk management. The company considers merger and acquisition investment as a component of its operational growth Plan..

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