The Company For Cooperative Insurance (SAU:8010) Tax Rate % : 14.51% (As of Mar. 2024)

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What is The Company For Cooperative Insurance Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. The Company For Cooperative Insurance's Tax Expense for the three months ended in Mar. 2024 was ﷼33 Mil. The Company For Cooperative Insurance's Pre-Tax Income for the three months ended in Mar. 2024 was ﷼230 Mil. Therefore, The Company For Cooperative Insurance's Tax Rate % for the quarter that ended in Mar. 2024 was 14.51%.

The Company For Cooperative Insurance Tax Rate % Historical Data

The historical data trend for The Company For Cooperative Insurance'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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The Company For Cooperative Insurance Tax Rate % Chart

The Company For Cooperative Insurance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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17.09

21.44

22.44

22.83

14.12

The Company For Cooperative Insurance 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															26.52	10.88	10.26	18.88	14.51

The Company For Cooperative Insurance Tax Rate % Calculation

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

The Company For Cooperative Insurance'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 )
	=	101.38	/	717.806
	=	14.12 %

The Company For Cooperative Insurance'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 )
	=	33.39	/	230.082
	=	14.51 %

The Company For Cooperative Insurance Tax Rate % Related Terms

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The Company For Cooperative Insurance (SAU:8010) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » The Company For Cooperative Insurance (SAU:8010) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

6507 Ath Thumamah Road- Al-Rabie District, P.O. Box 86959, Riyadh, SAU, 11632

Website

https://www.tawuniya.com.sa

The Company for Cooperative Insurance is an insurance company. The company provides its customers with more than 60 types of insurance including medical, motor, fire, property, engineering, casualty, marine, aviation, Takaful, liability insurance and many other types of insurance. The purpose of the company is to transact cooperative insurance operations and all related activities including reinsurance and agency activities. The company is organized into business units based on its products and services and has nine reportable segments as follows, Medical, Medical Umrah, Motor insurance, Property and Casualty, General accidents insurance, Travel and COVID-19, Protection & Savings, Teejan Al-Khaleej segment and Shareholders' segment.

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