LTS (TSE:6560) Tax Rate % : 18.04% (As of Mar. 2024)

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What is LTS Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. LTS's Tax Expense for the three months ended in Mar. 2024 was 円68 Mil. LTS's Pre-Tax Income for the three months ended in Mar. 2024 was 円377 Mil. Therefore, LTS's Tax Rate % for the quarter that ended in Mar. 2024 was 18.04%.

LTS Tax Rate % Historical Data

The historical data trend for LTS'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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LTS Tax Rate % Chart

LTS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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32.32

39.30

30.60

31.40

40.71

LTS 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															31.95	29.54	56.11	55.31	18.04

LTS Tax Rate % Calculation

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

LTS'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 )
	=	306.805	/	753.555
	=	40.71 %

LTS'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 )
	=	68	/	377
	=	18.04 %

LTS Tax Rate % Related Terms

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LTS (TSE:6560) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » LTS Inc (TSE:6560) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-8-6 Shinjuku Shinjuku-ku, Tokyo, JPN, 160-0022

Website

https://www.lt-s.jp

LTS Inc offers professional services to promote transformations and improvements of enterprise and their employee's work styles. Its service offerings include business consulting, information technology (IT) consulting, human resource (HR) consulting, business process modeling, outsourcing planning, data analysis, digital marketing, and cloud integration, among others.

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