Storebrand ASA (Storebrand ASA) Tax Rate % : 16.59% (As of Mar. 2024)

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What is Storebrand ASA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Storebrand ASA's Tax Expense for the three months ended in Mar. 2024 was $17 Mil. Storebrand ASA's Pre-Tax Income for the three months ended in Mar. 2024 was $102 Mil. Therefore, Storebrand ASA's Tax Rate % for the quarter that ended in Mar. 2024 was 16.59%.

Storebrand ASA Tax Rate % Historical Data

The historical data trend for Storebrand ASA'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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Storebrand ASA Tax Rate % Chart

Storebrand ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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19.71

-6.13

21.28

-0.81

-2.55

Storebrand ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															0.94	-55.72	23.06	2.70	16.59

Storebrand ASA Tax Rate % Calculation

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

Storebrand ASA'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 )
	=	-7.963	/	312.245
	=	-2.55 %

Storebrand ASA's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	16.962	/	102.242
	=	16.59 %

Storebrand ASA Tax Rate % Related Terms

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Storebrand ASA (Storebrand ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Storebrand ASA (OTCPK:SREDF) » Definitions » Tax Rate %

Traded in Other Exchanges

STBo:Sweden STB:Norway 0NO0:UK SKT:Germany

Address

Professor Kohts vei 9, P.O. Box 474, Lysaker, NOR, N-1327

Website

https://www.storebrand.no

Storebrand ASA is a Nordic long-term savings and insurance company. The business is divided into nonguaranteed savings, insurance, and guaranteed pensions. The savings segment includes products for retirement savings with no interest rate guarantees. The segment consists of defined contribution pensions in Norway and Sweden, asset management, and retail banking products. The insurance segment provides risk products in Norway and Sweden. It provides health, property & casualty, personal risk products, and employee-related & pension-related insurance. The Guaranteed Pension business area encompasses long-term pension savings products that give customers a guaranteed rate of return.

Storebrand ASA (Storebrand ASA) Headlines

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Q4 2023 Storebrand ASA Earnings Call Transcript

By GuruFocus Research • 02-10-2024