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The Company For Cooperative Insurance (SAU:8010) Tax Rate % : 12.34% (As of Sep. 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 Sep. 2024 was ﷼28 Mil. The Company For Cooperative Insurance's Pre-Tax Income for the three months ended in Sep. 2024 was ﷼225 Mil. Therefore, The Company For Cooperative Insurance's Tax Rate % for the quarter that ended in Sep. 2024 was 12.34%.


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.

* Premium members only.

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 %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.09 21.44 22.44 22.83 14.12

The Company For Cooperative Insurance 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 10.26 18.88 14.51 6.48 12.34

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 Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=27.823/225.38
=12.34 %

* 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.


The Company For Cooperative Insurance Tax Rate % Related Terms

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The Company For Cooperative Insurance Business Description

Traded in Other Exchanges
N/A
Address
6507 Ath Thumamah Road- Al-Rabie District, P.O. Box 86959, Riyadh, SAU, 11632
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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