Okea ASA (OSL:OKEA) Tax Rate % : 104.58% (As of Mar. 2024)

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What is Okea ASA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Okea ASA's Tax Expense for the three months ended in Mar. 2024 was kr1,129 Mil. Okea ASA's Pre-Tax Income for the three months ended in Mar. 2024 was kr1,080 Mil. Therefore, Okea ASA's Tax Rate % for the quarter that ended in Mar. 2024 was 104.58%.

Okea ASA Tax Rate % Historical Data

The historical data trend for Okea ASA'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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Okea ASA Tax Rate % Chart

Okea ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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116.96

51.03

71.35

79.17

185.11

Okea ASA 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															79.82	82.39	92.96	-44.66	104.58

Okea ASA Tax Rate % Calculation

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

Okea ASA'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 )
	=	2034.335	/	1098.977
	=	185.11 %

Okea ASA'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 )
	=	1129.235	/	1079.8
	=	104.58 %

Okea ASA Tax Rate % Related Terms

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Okea ASA (OSL:OKEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Okea ASA (OSL:OKEA) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

OKEA:Sweden OKEAo:UK 3SX:Germany

Address

Kongens Gate 8, Trondheim, NOR, 7011

Website

https://www.okea.no

Okea ASA is an independent oil producer. The company's only reportable segment is the development and production of oil and gas on the Norwegian Continental Shelf. Its operation includes Draugen Field, Gjoa Field, Ivar Aasen, Grevling and Yme.

Okea ASA (OSL:OKEA) Headlines

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