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Axis Auto Finance (TSX:AXIS) Tax Rate % : 24.98% (As of Mar. 2024)


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What is Axis Auto Finance Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Axis Auto Finance's Tax Expense for the three months ended in Mar. 2024 was C$-0.69 Mil. Axis Auto Finance's Pre-Tax Income for the three months ended in Mar. 2024 was C$-2.77 Mil. Therefore, Axis Auto Finance's Tax Rate % for the quarter that ended in Mar. 2024 was 24.98%.

Axis Auto Finance Tax Rate % Historical Data

The historical data trend for Axis Auto Finance'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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Axis Auto Finance Tax Rate % Chart

Axis Auto Finance Annual Data
Trend Apr14 Apr15 Apr16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.59 14.88 28.65 25.19 9.44

Axis Auto Finance 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 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 25.20 3.52 25.44 26.40 24.98

Axis Auto Finance Tax Rate % Calculation

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

Axis Auto Finance's Tax Rate % for the fiscal year that ended in Jun. 2023 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2023 )/Pre-Tax Income (A: Jun. 2023 )
=-2.729/-28.911
=9.44 %

Axis Auto Finance'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 )
=-0.693/-2.774
=24.98 %

* 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.

Axis Auto Finance Tax Rate % Related Terms

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Axis Auto Finance (TSX:AXIS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Axis Auto Finance Inc (TSX:AXIS) » Definitions » Tax Rate %
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Traded in Other Exchanges
N/A
Address
165 Galaxy Boulevard, 2nd Floor, Etobicoke, ON, CAN, M9W 0C8
Website
https://www.axisautofinance.com
Axis Auto Finance Inc is a fintech company that is changing the way used vehicles are purchased and financed in Canada. The company's direct-to-consumer website, DriveAxis.ca, enables users to choose their next used vehicle, customize financing terms, and get the car delivered to homes. In addition, the company continues to grow business-to-business non-prime auto loan originations by delivering innovative technology solutions and superior service to its dealer partners.
Executives
Todd Charles Hudson Senior Officer

Axis Auto Finance (TSX:AXIS) Headlines

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