Trinidad Cement (TRN:TCL) Tax Rate % : 25.71% (As of Mar. 2024)

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What is Trinidad Cement Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Trinidad Cement's Tax Expense for the three months ended in Mar. 2024 was TTD27 Mil. Trinidad Cement's Pre-Tax Income for the three months ended in Mar. 2024 was TTD105 Mil. Therefore, Trinidad Cement's Tax Rate % for the quarter that ended in Mar. 2024 was 25.71%.

Trinidad Cement Tax Rate % Historical Data

The historical data trend for Trinidad Cement'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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Trinidad Cement Tax Rate % Chart

Trinidad Cement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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71.95

83.79

21.86

65.96

31.16

Trinidad Cement 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															68.88	24.62	30.61	94.83	25.71

Trinidad Cement Tax Rate % Calculation

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

Trinidad Cement'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 )
	=	77.026	/	247.219
	=	31.16 %

Trinidad Cement'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 )
	=	27.11	/	105.429
	=	25.71 %

Trinidad Cement Tax Rate % Related Terms

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Trinidad Cement (TRN:TCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Trinidad Cement Ltd (TRN:TCL) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Southern Main Road, Claxton Bay, Trinidad, TTO

Website

https://www.tclgroup.com

Trinidad Cement Ltd is engaged in the manufacture and sale of cement, concrete, and aggregates. The company's operations are organized into three operating segments, Cement, Concrete, and Packaging. The firm offers Portland-pozzolan cement, ordinary Portland cement, and Class G high sulfate-resistant oilwell cement. The company has operations in Trinidad and Tobago, Jamaica, Barbados, and other countries. Geographically the company receives maximum revenue from Jamaica.

Trinidad Cement (TRN:TCL) Headlines

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