Sumitomo Chemical Co (Sumitomo Chemical Co) Tax Rate % : -3.10% (As of Dec. 2023)

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What is Sumitomo Chemical Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sumitomo Chemical Co's Tax Expense for the three months ended in Dec. 2023 was $12 Mil. Sumitomo Chemical Co's Pre-Tax Income for the three months ended in Dec. 2023 was $-390 Mil. Therefore, Sumitomo Chemical Co's Tax Rate % for the quarter that ended in Dec. 2023 was -3.10%.

Sumitomo Chemical Co Tax Rate % Historical Data

The historical data trend for Sumitomo Chemical 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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Sumitomo Chemical Co Tax Rate % Chart

Sumitomo Chemical Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Tax Rate %

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19.06

58.31

50.60

25.76

20,390.34

Sumitomo Chemical Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															2.01	6.32	-2.65	-3.58	-3.10

Sumitomo Chemical Co Tax Rate % Calculation

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

Sumitomo Chemical Co's Tax Rate % for the fiscal year that ended in Mar. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Mar. 2023 )	/	Pre-Tax Income (A: Mar. 2023 )
	=	352.345	/	1.728
	=	20,390.34 %

Sumitomo Chemical Co's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	12.092	/	-390.029
	=	-3.10 %

Sumitomo Chemical Co Tax Rate % Related Terms

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Sumitomo Chemical Co (Sumitomo Chemical Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sumitomo Chemical Co Ltd (OTCPK:SOMMY) » Definitions » Tax Rate %

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Traded in Other Exchanges

SOMMF:USA 4005:Japan SMM:Germany

Address

27-1, Shinkawa 2-chome, Chuo-ku, Tokyo, JPN, 104-8260

Website

http://www.sumitomo-chem.co.jp

Sumitomo Chemical Co Ltd manufactures and sells chemicals and chemical-based products. The firm is organized into six segments by product type. The petrochemicals and plastics segment, which generates more revenue than any other segment, sells multiple products including propylene and polypropylene used in automobile seat cushions and interior panels. The pharmaceutical segment sells medicine to treat diabetes, neurology, cancer, and infectious diseases. The IT-related chemicals segment sells compound semiconductors and polarizing films used in LCD displays for TVs and smartphones. The other three segments are health and crop sciences; energy and functional materials; and "others." The majority of revenue comes from Japan and China.

Sumitomo Chemical Co (Sumitomo Chemical Co) Headlines

From GuruFocus

Sumitomo Chemical Co Stock Is Estimated To Be Modestly Overvalued

By GF Value GF Value • 04-15-2021