ODFJF (Odfjell Drilling) Tax Rate % : 16.75% (As of Jun. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Odfjell Drilling Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Odfjell Drilling's Tax Expense for the three months ended in Jun. 2024 was $3.3 Mil. Odfjell Drilling's Pre-Tax Income for the three months ended in Jun. 2024 was $19.7 Mil. Therefore, Odfjell Drilling's Tax Rate % for the quarter that ended in Jun. 2024 was 16.75%.

Odfjell Drilling Tax Rate % Historical Data

The historical data trend for Odfjell Drilling'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.

Odfjell Drilling Tax Rate % Chart

Odfjell Drilling Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

6.81

1.61

8.27

6.12

0.13

Odfjell Drilling 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															12.31	1.13	-28.57	19.30	16.75

Odfjell Drilling Tax Rate % Calculation

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

Odfjell Drilling'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 )
	=	0.3	/	222.4
	=	0.13 %

Odfjell Drilling'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 )
	=	3.3	/	19.7
	=	16.75 %

Odfjell Drilling Tax Rate % Related Terms

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

Odfjell Drilling Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Odfjell Drilling Ltd (OTCPK:ODFJF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

ODLO:Sweden ODL:Norway ODLo:UK 0QHX:UK

Address

Lower Ground Floor, Prime View Prime Four Business Park, Kingswells, Aberdeen, GBR, AB15 8PU

Website

https://www.odfjelldrilling.com

Odfjell Drilling Ltd is an integrated offshore drilling and oil service company. The company and its subsidiaries operate mobile offshore drilling units. It operates in the segments Own Fleet, External Fleet, and Corporate/other. The Own Fleet segment operates mobile offshore drilling units owned by Odfjell Drilling. The External Fleet segment offers management services to other owners of drilling units; mainly operational management, management of regulatory requirements, marketing, contract negotiations, client relations, preparations for the operation, and mobilization. The majority of revenue is generated from the Own Fleet segment. Geographically, It operates in Norway.