SALAMA Cooperative Insurance Co (SAU:8050) Tax Rate % : 257.46% (As of Dec. 2024)

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What is SALAMA Cooperative Insurance Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. SALAMA Cooperative Insurance Co's Tax Expense for the three months ended in Dec. 2024 was ﷼-4.5 Mil. SALAMA Cooperative Insurance Co's Pre-Tax Income for the three months ended in Dec. 2024 was ﷼-1.7 Mil. Therefore, SALAMA Cooperative Insurance Co's Tax Rate % for the quarter that ended in Dec. 2024 was 257.46%.

SALAMA Cooperative Insurance Co Tax Rate % Historical Data

The historical data trend for SALAMA Cooperative Insurance Co'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.

SALAMA Cooperative Insurance Co Tax Rate % Chart

SALAMA Cooperative Insurance Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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46.43

-5.64

-8.36

7.23

-5.25

SALAMA Cooperative Insurance Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															10.72	9.05	9.27	14.52	257.46

SALAMA Cooperative Insurance Co Tax Rate % Calculation

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

SALAMA Cooperative Insurance Co's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	-1.503	/	28.62
	=	-5.25 %

SALAMA Cooperative Insurance Co's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	-4.503	/	-1.749
	=	257.46 %

SALAMA Cooperative Insurance Co Tax Rate % Related Terms

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SALAMA Cooperative Insurance Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » SALAMA Cooperative Insurance Co (SAU:8050) » Definitions » Tax Rate %

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Traded in Other Exchanges

N/A

Address

Al Madinah Road, P.O. Box 4020, Salama Tower, Jeddah, SAU, 21491

Website

https://www.salama.com.sa

SALAMA Cooperative Insurance Co operates in the insurance industry. The company has three reportable segments namely the Medical segment provides compensation to policyholders for expenses incurred in the treatment of a disease, illness, or injury. Its Motor segment provides coverage against losses and liability related to motor vehicles. The Others segment includes property, marine, engineering, accident and liability, and miscellaneous categories. It derives maximum revenue from the Motor segment.

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