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SOS (SOS) Tax Rate % : 0.03% (As of Jun. 2024)


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What is SOS Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. SOS's Tax Expense for the six months ended in Jun. 2024 was $-0.0 Mil. SOS's Pre-Tax Income for the six months ended in Jun. 2024 was $-12.8 Mil. Therefore, SOS's Tax Rate % for the quarter that ended in Jun. 2024 was 0.03%.

SOS Tax Rate % Historical Data

The historical data trend for SOS'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.

SOS Tax Rate % Chart

SOS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.06 - -0.01 -0.23 -10.90

SOS Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.60 0.01 -5.56 -0.19 0.03

SOS Tax Rate % Calculation

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

SOS'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 )
=0.631/-5.79
=-10.90 %

SOS'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 )
=-0.004/-12.755
=0.03 %

* 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.

SOS Tax Rate % Related Terms

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SOS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SOS Ltd (NYSE:SOS) » Definitions » Tax Rate %
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Traded in Other Exchanges
2C30:Germany
Address
298 Haijing Road, Yinzhu Street, Building 6, East Seaview Park, West Coast New District, Shandong Province, Qingdao, CHN, 266400
Website
https://www.sosyun.com
SOS Ltd is a multifaceted company that leverages the power of big data to provide marketing solutions, while also participating in the burgeoning fields of blockchain and cryptocurrency operations, as well as commodity trading. Its product offerings are diversified across four main areas: commodity trading, insurance marketing, cryptocurrency mining, and other service. The company has has three reporting segments: Commodity trading, Cryptocurrency mining and Others. Key revenue is generated from Commodity trading.