GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Watts Co Ltd (TSE:2735) » Definitions » Tax Rate %

Watts Co (TSE:2735) Tax Rate % : 29.48% (As of Feb. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Watts Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Watts Co's Tax Expense for the three months ended in Feb. 2024 was 円144 Mil. Watts Co's Pre-Tax Income for the three months ended in Feb. 2024 was 円490 Mil. Therefore, Watts Co's Tax Rate % for the quarter that ended in Feb. 2024 was 29.48%.


Watts Co Tax Rate % Historical Data

The historical data trend for Watts 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.

* Premium members only.

Watts Co Tax Rate % Chart

Watts Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107.51 29.36 39.13 19.90 25.57

Watts Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 Premium Member Only 42.78 84.75 188.78 48.56 29.48

Watts Co Tax Rate % Calculation

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

Watts Co's Tax Rate % for the fiscal year that ended in Aug. 2023 is calculated as

Tax Rate %=Tax Expense (A: Aug. 2023 )/Pre-Tax Income (A: Aug. 2023 )
=86.078/336.657
=25.57 %

Watts Co's Tax Rate % for the quarter that ended in Feb. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Feb. 2024 )/Pre-Tax Income (Q: Feb. 2024 )
=144.493/490.112
=29.48 %

* 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.


Watts Co Tax Rate % Related Terms

Thank you for viewing the detailed overview of Watts Co's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.


Watts Co (TSE:2735) Business Description

Traded in Other Exchanges
N/A
Address
Shiromi 1-4-70, Chuo-ku, Sumitomo Life Insurance OBP Plaza Building, 5th Floor, Osaka, JPN, 540-0001
Watts Co., Ltd. is engaged in the wholesale of daily necessities, grocery and food products, and other goods. The company's product profile includes Sanitary goods, Cleaning sheet, Water supply equipment, Lunch supplies, and other related products.

Watts Co (TSE:2735) Headlines

No Headlines