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Quara Finance Co (SAU:9596) Tax Rate % : 39.64% (As of Dec. 2024)


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What is Quara Finance Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Quara Finance Co's Tax Expense for the three months ended in Dec. 2024 was ﷼5.7 Mil. Quara Finance Co's Pre-Tax Income for the three months ended in Dec. 2024 was ﷼14.3 Mil. Therefore, Quara Finance Co's Tax Rate % for the quarter that ended in Dec. 2024 was 39.64%.

Quara Finance Co Tax Rate % Historical Data

The historical data trend for Quara Finance 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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Quara Finance Co Tax Rate % Chart

Quara Finance Co Annual Data
Trend Dec23 Dec24
Tax Rate %
14.68 18.28

Quara Finance Co Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % Get a 7-Day Free Trial -109.65 15.57 10.69 1.58 39.64

Quara Finance Co Tax Rate % Calculation

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

Quara Finance 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 )
=9.673/52.92
=18.28 %

Quara Finance 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 )
=5.687/14.346
=39.64 %

* 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.

Quara Finance Co Tax Rate % Related Terms

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Quara Finance Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Quara Finance Co (SAU:9596) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
8246, King Abdulaziz Road, Unit Number 15, Al – Wizarat District, Riyadh, SAU, 12622-3797
Website
https://www.quarafinance.com
Quara Finance Co is a company engaged in providing finance lease, consumer finance, and small and medium enterprise finance in the Kingdom of Saudi Arabia. The company's operations are in the Kingdom of Saudi Arabia and it provides financing to Saudi and resident individuals from government and private sectors and to SMEs. Its reportable segments are; Retail (Personal financing) segment which includes personal financing provided to retail clients; and the SME financing segment includes financing provided to small and medium enterprises. It generates a majority of its income from the Retail segment.

Quara Finance Co Headlines

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