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PSYTF (Pason Systems) Tax Rate % : 20.59% (As of Sep. 2024)


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What is Pason Systems Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Pason Systems's Tax Expense for the three months ended in Sep. 2024 was $4.5 Mil. Pason Systems's Pre-Tax Income for the three months ended in Sep. 2024 was $22.0 Mil. Therefore, Pason Systems's Tax Rate % for the quarter that ended in Sep. 2024 was 20.59%.

Pason Systems Tax Rate % Historical Data

The historical data trend for Pason Systems'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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Pason Systems Tax Rate % Chart

Pason Systems 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 27.29 48.65 26.88 24.01 26.39

Pason Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 21.16 45.58 11.58 37.03 20.59

Pason Systems Tax Rate % Calculation

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

Pason Systems'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 )
=25.601/97.028
=26.39 %

Pason Systems's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=4.539/22.047
=20.59 %

* 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.

Pason Systems Tax Rate % Related Terms

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Pason Systems Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pason Systems Inc (OTCPK:PSYTF) » Definitions » Tax Rate %
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Traded in Other Exchanges
3PS:Germany PSI:Canada
Address
6130 Third Street South East, Calgary, AB, CAN, T2H 1K4
Website
https://www.pason.com
Pason Systems Inc is a provider of instrumentation and data management systems for drilling rigs. The electronic drilling recorder is the company's primary product, and provides a complete system of drilling data acquisition, data networking, drilling management tools, and reports at both the wellsite and customer office. The company reports on three strategic business units: The North American (Canada and the United States) and International (Latin America, including Mexico, Offshore, the Eastern Hemisphere, and the Middle East) business units, all of which offer technology services to the oil and gas industry, and the Solar and Energy Storage business unit, which provides technology services to solar and energy storage developers.