Newtech Co (TSE:6734) Tax Rate % : 26.23% (As of Aug. 2024)

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What is Newtech Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Newtech Co's Tax Expense for the three months ended in Aug. 2024 was 円32 Mil. Newtech Co's Pre-Tax Income for the three months ended in Aug. 2024 was 円123 Mil. Therefore, Newtech Co's Tax Rate % for the quarter that ended in Aug. 2024 was 26.23%.

Newtech Co Tax Rate % Historical Data

The historical data trend for Newtech 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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Newtech Co Tax Rate % Chart

Newtech Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Tax Rate %

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29.04

26.88

31.61

29.29

25.91

Newtech Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Tax Rate %	Get a 7-Day Free Trial															23.23	79.32	25.47	28.51	26.23

Newtech Co Tax Rate % Calculation

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

Newtech Co's Tax Rate % for the fiscal year that ended in Feb. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Feb. 2024 )	/	Pre-Tax Income (A: Feb. 2024 )
	=	101.73	/	392.589
	=	25.91 %

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

Tax Rate %	=	Tax Expense (Q: Aug. 2024 )	/	Pre-Tax Income (Q: Aug. 2024 )
	=	32.351	/	123.338
	=	26.23 %

Newtech Co Tax Rate % Related Terms

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Newtech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Newtech Co Ltd (TSE:6734) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

KDX building Hamamatsu-cho, Hamamatsu-cho 2-chome, 7-19, Minato-ku, Tokyo, JPN, 105-0013

Website

http://www.newtech.co.jp

Newtech Co Ltd is engaged in the development, manufacturing, sales, and support of storage main units and peripheral devices connected to servers. The products of the company include Thunderbolt RAID, SAS RAID, FC RAID, iSCSI RAID, and Infiniband.

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