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Riyal Investment And Development Co (SAU:9584) Tax Rate % : 5.56% (As of Jun. 2024)


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What is Riyal Investment And Development Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Riyal Investment And Development Co's Tax Expense for the six months ended in Jun. 2024 was ﷼0.6 Mil. Riyal Investment And Development Co's Pre-Tax Income for the six months ended in Jun. 2024 was ﷼10.4 Mil. Therefore, Riyal Investment And Development Co's Tax Rate % for the quarter that ended in Jun. 2024 was 5.56%.

Riyal Investment And Development Co Tax Rate % Historical Data

The historical data trend for Riyal Investment And Development 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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Riyal Investment And Development Co Tax Rate % Chart

Riyal Investment And Development Co Annual Data
Trend Dec22 Dec23
Tax Rate %
5.40 4.47

Riyal Investment And Development Co Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
Tax Rate % - 5.62 2.66 5.56

Riyal Investment And Development Co Tax Rate % Calculation

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

Riyal Investment And Development 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 )
=0.855/19.131
=4.47 %

Riyal Investment And Development Co's Tax Rate % for the quarter that ended in Jun. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2024 )/Pre-Tax Income (Q: Jun. 2024 )
=0.58/10.441
=5.56 %

* 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.

Riyal Investment And Development Co Tax Rate % Related Terms

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Riyal Investment And Development Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Riyal Investment And Development Co (SAU:9584) » Definitions » Tax Rate %
Comparable Companies
SAU:9577 URI LSE:AHT AER FTAI UHAL TSX:EFN XPAR:AYV BSP:RENT3 R GATX HKSE:02588 AL WSC TSE:8439 HRI XTER:SIX2 HEES SZSE:000415 MGRC
Traded in Other Exchanges
N/A
Address
Jubail Highway, P.O. Box 9494, Dammam, SAU, 31451
Website
https://www.riyalmotors.com
Riyal Investment And Development Co is engaged in leasing vehicles and buses, trading activities (export, import, brokerage, and marketing for others) in the non-money exchange business, establishing and operating workshops for vehicles, equipment, wholesale and retail sales and export and import in vehicles spare parts and wheels. It has two segments; Lease of Vehicles and Sale of Vehicles. The company derives maximum revenue from the lease of Vehicles Segment.

Riyal Investment And Development Co Headlines

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