Equity Group Holdings (NAI:EQTY) Tax Rate % : 21.49% (As of Mar. 2024)

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What is Equity Group Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Equity Group Holdings's Tax Expense for the three months ended in Mar. 2024 was KES4,387 Mil. Equity Group Holdings's Pre-Tax Income for the three months ended in Mar. 2024 was KES20,414 Mil. Therefore, Equity Group Holdings's Tax Rate % for the quarter that ended in Mar. 2024 was 21.49%.

Equity Group Holdings Tax Rate % Historical Data

The historical data trend for Equity Group Holdings'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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Equity Group Holdings Tax Rate % Chart

Equity Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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28.33

9.34

22.76

22.96

15.69

Equity Group Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															24.18	26.00	8.09	-26.13	21.49

Equity Group Holdings Tax Rate % Calculation

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

Equity Group Holdings'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 )
	=	8142	/	51879
	=	15.69 %

Equity Group Holdings's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	4386.582	/	20413.701
	=	21.49 %

Equity Group Holdings Tax Rate % Related Terms

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Equity Group Holdings (NAI:EQTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Equity Group Holdings Ltd (NAI:EQTY) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hospital Road, Upper Hill, 9th Floor, P.O.Box 75104, Equity Centre, Nairobi, KEN, 00200

Website

https://www.equitygroupholdings.com

Equity Group Holdings Ltd offers banking and financial services in Kenya. The company offers retail banking, microfinance, and related services. It operates in six geographical markets, Kenya, Uganda, South Sudan, Rwanda, Tanzania, and the Democratic Republic of Congo. The consumer business line focuses on salaried customers or customers receiving other regular remittances, such as the pension. The revenue is derived from Kenya. The firm offers Equity loans, Farm inputs, Mortgage loans, Asset finance loans, Trade finance, Development loan, and Business Loan.

Equity Group Holdings (NAI:EQTY) Headlines

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