Wataniya Insurance Co (SAU:8300) Tax Rate % : 20.13% (As of Sep. 2024)

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What is Wataniya Insurance Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Wataniya Insurance Co's Tax Expense for the three months ended in Sep. 2024 was ﷼4 Mil. Wataniya Insurance Co's Pre-Tax Income for the three months ended in Sep. 2024 was ﷼19 Mil. Therefore, Wataniya Insurance Co's Tax Rate % for the quarter that ended in Sep. 2024 was 20.13%.

Wataniya Insurance Co Tax Rate % Historical Data

The historical data trend for Wataniya 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.

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Wataniya Insurance Co Tax Rate % Chart

Wataniya Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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20.33

41.75

-7.93

-30.66

12.34

Wataniya 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															9.08	10.00	13.48	13.41	20.13

Wataniya Insurance Co Tax Rate % Calculation

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

Wataniya 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 )
	=	11.912	/	96.493
	=	12.34 %

Wataniya 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 )
	=	3.75	/	18.631
	=	20.13 %

Wataniya Insurance Co Tax Rate % Related Terms

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Wataniya Insurance Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Wataniya Insurance Co (SAU:8300) » Definitions » Tax Rate %

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Traded in Other Exchanges

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Address

Madina Road, Before Emirate of Makkah Region, E.A. Juffali & Brothers H.O. Building, P.O. Box 5832, Jeddah, SAU, 21432

Website

https://www.wataniya.com.sa

Wataniya Insurance Co is a Saudi Arabia-based company that engages in the provision of insurance and reinsurance services. Its insurance products include Motor, Property, Engineering, Accident and liability, Marine, Term life, and Extended warranty. The company has segments namely: Marine, Motor Comprehensive, Property, Engineering, Accident & liability, Term life, and Motor Third Party Liability. It derives key revenue from the Motor Comprehensive segment.

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