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Linea Directa Aseguradora (MEX:LDA) Tax Rate % : 25.86% (As of Jun. 2024)


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What is Linea Directa Aseguradora Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Linea Directa Aseguradora's Tax Expense for the six months ended in Jun. 2024 was MXN175 Mil. Linea Directa Aseguradora's Pre-Tax Income for the six months ended in Jun. 2024 was MXN676 Mil. Therefore, Linea Directa Aseguradora's Tax Rate % for the quarter that ended in Jun. 2024 was 25.86%.

Linea Directa Aseguradora Tax Rate % Historical Data

The historical data trend for Linea Directa Aseguradora'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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Linea Directa Aseguradora Tax Rate % Chart

Linea Directa Aseguradora Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tax Rate %
24.93 24.14 24.46 32.95

Linea Directa Aseguradora Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only 24.94 30.44 24.09 19.95 25.86

Linea Directa Aseguradora Tax Rate % Calculation

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

Linea Directa Aseguradora'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 )
=-39.927/-121.189
=32.95 %

Linea Directa Aseguradora'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 )
=174.859/676.108
=25.86 %

* 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.

Linea Directa Aseguradora Tax Rate % Related Terms

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Linea Directa Aseguradora Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Linea Directa Aseguradora SA (MEX:LDA) » Definitions » Tax Rate %
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Traded in Other Exchanges
LNDAF:USA LDA:Spain 8I2:Germany
Address
Calle de Isaac Newton 7, Tres Cantos, Madrid, ESP, 28760
Website
https://www.lineadirectaaseguradora.com
Linea Directa Aseguradora SA is engaged in insurance and reinsurance activities in the motor, home, and other non-life segments. The company has five operating segments; The motor segment which derives maximum revenue, includes private motor insurance and motorbike insurance, The home segment includes multi-risk home insurance products with theft damage, civil liability, fire damage, aesthetic damage, etc, The health segment includes health insurance products under the Vivaz brand, The other insurance segment includes various products with stand-alone policies that are not linked to motor, home or health insurance, such as travel insurance for holders of credit cards and wellness insurance, and The other activities segment mainly relates to auxiliary insurance businesses and commissions.

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