Rosseti South PJSC (MIC:MRKY) Tax Rate %: 13.30% (As of Dec. 2023)

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What is Rosseti South PJSC Tax Rate %?

Rosseti South PJSC MIC:MRKY Tax Rate % is 13.30% as of Dec. 2023.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Rosseti South PJSC's Tax Expense for the three months ended in Dec. 2023 was ₽-111 Mil. Rosseti South PJSC's Pre-Tax Income for the three months ended in Dec. 2023 was ₽-836 Mil. Therefore, Rosseti South PJSC's Tax Rate % for the quarter that ended in Dec. 2023 was 13.30%.

Rosseti South PJSC Tax Rate % Related Terms

Rosseti South PJSC Tax Rate % Historical Data

* Premium members only.

The historical data trend for Rosseti South PJSC'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.

Rosseti South PJSC Tax Rate % Chart

Rosseti South PJSC 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 16.67 -27.40 17.83 58.57 24.99

Rosseti South PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -18.80 23.04 21.64 23.48 13.30

Rosseti South PJSC Tax Rate % Calculation

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

Rosseti South PJSC'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 )
=1004.537/4019.129
=24.99 %

Rosseti South PJSC'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 )
=-111.256/-836.327
=13.30 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 13.30% mean?
Rosseti South PJSC (MIC:MRKY) has a Tax Rate % of 13.30% as of Dec. 2023.
Is Rosseti South PJSC's Tax Rate % too high?
Rosseti South PJSC's current Tax Rate % is 13.30%.
How does Rosseti South PJSC's Tax Rate % compare to NEE and SO?
Rosseti South PJSC's Tax Rate % of 13.30% can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Utilities - Regulated company?
A good Tax Rate % depends on the Utilities - Regulated industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Rosseti South PJSC's current Tax Rate % is 13.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rosseti South PJSC stock overvalued right now?
Rosseti South PJSC (MIC:MRKY) has a current Tax Rate % of 13.30%. The current Tax Rate % is 13.30%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Rosseti South PJSC (MIC:MRKY), the current Tax Rate % is 13.30% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rosseti South PJSC Business Description

Address 49/42 Bolshaya Sadovaya Street, Rostov-on-Don, RUS, 344002
Rosseti South PJSC is operating in the electric power industry. The principal business activities of the company are electric power distribution, electric power transmission, and electric grid operations.