Canare Electric Co (TSE:5819) Tax Rate % : 41.12% (As of Dec. 2023)

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What is Canare Electric Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Canare Electric Co's Tax Expense for the three months ended in Dec. 2023 was 円238 Mil. Canare Electric Co's Pre-Tax Income for the three months ended in Dec. 2023 was 円578 Mil. Therefore, Canare Electric Co's Tax Rate % for the quarter that ended in Dec. 2023 was 41.12%.

Canare Electric Co Tax Rate % Historical Data

The historical data trend for Canare Electric 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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Canare Electric Co Tax Rate % Chart

Canare Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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33.37

31.02

36.29

31.06

32.01

Canare Electric 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															26.89	25.78	32.25	26.89	41.12

Canare Electric Co Tax Rate % Calculation

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

Canare Electric Co'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 )
	=	559.453	/	1747.903
	=	32.01 %

Canare Electric 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 )
	=	237.506	/	577.622
	=	41.12 %

Canare Electric Co Tax Rate % Related Terms

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Canare Electric Co (TSE:5819) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Canare Electric Co Ltd (TSE:5819) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

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Address

2-4-1 Shiba-Koen, B-13th Floor, Shiba Park Building, Minato-ku, Tokyo, JPN, 105-0011

Website

http://www.canare.co.jp

Canare Electric Co Ltd develops, manufactures, and sells audio and video cables, connectors, patchbays, assemblies, converters and related products, and fiber-optic products. Its products include video jacks, crimp plugs, coaxial cable strippers, receptacles, and adapters. It serves television broadcasting, and professional audio and video industries.

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