Algr Co-operative Insurance Co (SAU:8180) Tax Rate % : 30.94% (As of Sep. 2024)

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What is Algr Co-operative Insurance Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Algr Co-operative Insurance Co's Tax Expense for the three months ended in Sep. 2024 was ﷼1.4 Mil. Algr Co-operative Insurance Co's Pre-Tax Income for the three months ended in Sep. 2024 was ﷼4.5 Mil. Therefore, Algr Co-operative Insurance Co's Tax Rate % for the quarter that ended in Sep. 2024 was 30.94%.

Algr Co-operative Insurance Co Tax Rate % Historical Data

The historical data trend for Algr Co-operative 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.

Algr Co-operative Insurance Co Tax Rate % Chart

Algr Co-operative Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-21.07

-6.13

-2.43

-9.41

14.55

Algr Co-operative Insurance Co 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															5.26	29.09	15.86	11.76	30.94

Algr Co-operative Insurance Co Tax Rate % Calculation

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

Algr Co-operative Insurance Co'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 )
	=	7.2	/	49.5
	=	14.55 %

Algr Co-operative Insurance Co'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 )
	=	1.4	/	4.525
	=	30.94 %

Algr Co-operative Insurance Co Tax Rate % Related Terms

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Algr Co-operative Insurance Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Al Sagr Co-operative Insurance Co (SAU:8180) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

P. O. Box 3501, Dammam, SAU, 32241

Website

https://www.alsagr.com

Al Sagr Co-operative Insurance Co is a Saudi Arabia based company involved in insurance sector. The company provides insurance in various areas, including motor, medical, marine, property, engineering, liability, miscellaneous, travel, energy, and medical malpractice.

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